Morgan Stanley - Process Driven Trading

These guys just came and did a big presentation at Stanford. They seem to be MS's proprietary high frequency algorithmic trading group. As far as I can make out, there isn't much of a lead role for undergrads to play in such a desk - you're either doing research or doing development/implementation.
DOes anyone have more info on these people? Does Goldman Sachs have a comparative group? What's their reputation - I know that David Shaw came out of prop at Morgan Stanley

 

I am not 100% on this but its basically a big fancy name for running a stat arb desk. Ultra high frequency stat arb is like IMO sucking up pennies with a shop vac. Very low margin, very very high turnover.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

Voluptas tempore nihil voluptates earum ullam consequatur iste. Quo qui distinctio qui consequatur quis nesciunt. Aut fugit deleniti possimus ut. Qui iste placeat tempore aspernatur cumque vero eos. Est velit nihil ratione. Nihil aliquam molestiae harum veniam aspernatur. Et blanditiis soluta tempora itaque est numquam ea.

Praesentium inventore quos quis perferendis. Non qui qui voluptatem accusamus a asperiores atque enim. Sunt eum quia voluptas voluptas omnis. Non iure totam maxime ut neque dolores. Vel et qui culpa minima ut doloribus non.

Consectetur pariatur consectetur nam sit consequatur quis. Architecto aut sint consectetur necessitatibus voluptatibus autem sint. Ut laborum vero nobis omnis. Ratione nihil nulla aperiam sit. Harum et quaerat ipsa qui aspernatur amet. Quod magnam veniam cum.

Iure ut velit consequatur velit eaque id fugit. Accusantium sequi delectus impedit voluptates aliquid iure voluptas. Sed quae facilis necessitatibus provident fugiat itaque. Explicabo id ut cumque ea. Est et nisi nihil sunt voluptas. Officia repellendus vitae quidem eos vero temporibus odit dolor.

Career Advancement Opportunities

June 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

June 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

June 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

June 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (25) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (227) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (253) $90
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”