Re: Sketchy Job offer potential??
There are good reasons why Optiver (and other market makers) are so secretive about what they do. The biggest reason is because they have no clients: all the money made is split up amongst traders and partners - so what do they stand to gain from having their name out in the marketplace?
The reason they need to advertise so much, is that we really only accept high quality candidates.
The job is not "commission based" - you're remunerated on trading performance and time spent at the company. The senior guys (5+ years) are on seven figures.
The problem with Optiver these days is that the focus has shifted to increasing the bottom line rather than profit per employee, so in that regard you might be better off approaching some of the smaller companies:
IMC Pacific - chock full of young traders, and a good bunch of guys.
Timber Hill - More focused on automated systems than pure market making, would be a good place for people with both IT and finance skills.
Tibra - Fairly new company formed by ex-Optiver and ex-IMC traders.
If you have any questions, send me a Private Message.
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