I wanted c++ ROTI. After so many years of trial and error, I got two
-  The CVA $122/hr offer
-  FM S$210k offer, unthinkable in my Singapore job search.
- In terms of base, This one is about $$190k. My “reasonable” target was S$150k and my “high” target was $170k.
- After Citi-muni, even though I had enough experience to pass similar job interviews, I didn’t feel confident in GTD, so I took a 2nd real time trading system job in Baml, and reached critical mass
- I did learn more in the ensuing 3 months than I would have over another 3 months in Citi
- RTS is similar. I could already pass real time c++ interviews, but I didn’t feel confident in GTD.
- Note the Mac job couldn’t count as a substantial c++ job.
Q: How about c#? I actually feel confident about GTD in a future c# team, so I didn’t ‘need a 2nd c# job?
Reason – the salary gap between my c++ offers and java offers. I think the highest c++ offer was PIMCO, around $100/hr paid to agency (Huxley?). Most of the time, the java offers paid me (significantly) more than c++.
Reason — I also felt I could fairly easily crack the typical c++ interviews from then on. Now (2017) I doubt it.
Reason — some of the c++ jobs were not so “glamorous” less trading, less mainstream. Now (2017) I don’t care so much
A few times in my career I considered to (or did) take a pay cut, mostly to break into some domain or learn something hard to acquire, things like
* C++ HFT
* oracle DBA
* technical pre-sales
* threading, MOM for trading engine
Each time, it’s crucial to question and be critical about the promised benefits. Most of the time, we would regret the sacrifice.
https://bintanvictor.wordpress.com/2015/11/14/c-learning-aids/ has some c++ learning aids that could possibly reduce the need for those pay-cuts
I like equities systems because
* volume – upstream
* latency – upstream
* algo – upstream
* connectivity – upstream
* messaging – upstream
* technology-wise, upstream to FX, rates, treasuries…
I like derivatives (esp. options) because
* math, pricing. More mature and entrenched than other derivative instruments – upstream
* m-risk. Non-derivative positions go flat soon. – upstream
* life cycle management
These are mature products and mature technical implementations. Ahead of the curve.
– IRS is extremely popular (even in Asia) and growing, but volume and math is “downstream”.
– CDS is low volume. Mathematically, I still feel option pricing is upstream.
– Mortgage is big business, but not in Asia.
* Unlike c++, python, socket …, this is real project, real value to me, real requirement from myself. I tend to finish much faster and with tangible outcome
* Even though I did a few swing projects in AutoReo, this is relatively new territory, so ascent is fastest.
* Together, swing and wpf are in a class of their own. Specialized skill and experience.
* I live nearby and with no family. This is one of the best ways to utilize the advantage.
* SQL and Unix are more “civil-engineering” but very hard to make visible, lasting progress.
* Unlike WPF, i can leverage on my strong java foundation including threading.
* Also, my previous professional experience needs “something” to reach critical mass and hit the next level. That something is probably hands-dirty experiments. I recall my java design experiments in ErrorMemos.
Short answer is yes, relative to other companies. However, look at
COM/DCOM — not in wide use
IIS relative to apache
personal web server
windows scripting host
By age 30, many peers have decided to focus on Cisco, on Oracle, on Microsoft dotnet, on IBM, on SAP, on Powerbuilder. Other choose to focus on a domain like online gaming, financials …
(By “focus”, i mean 50%-100% of their tech experience is related to the chosen field.)
I always feel what if one day you discover you don’t like your role in that particular ecosystem, or the vendor starts making questionable moves, or you don’t like the vendor’s tech support, or u notice their discrimination policy .. you would feel locked in, cos you have invested too much into it, putting all your eggs in a single basket.
In my case, i have several years experience in each of
– solaris, linux, hpux, freebsd
– Oracle, mysql
– java, C, perl, php
– weblogic, tomcat, sunone