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Ask HN: Will I get locked in a single company going into finance?
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4 points
by sail
3788 days ago
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I'm looking for a job in finance as a software engineer in high-frequency trading or trading execution in general. Will accepting a job from one firm make it impossible to work at another in the future? In other words, will I end up learning "trade secrets" or general secret-sauce type of things that make me non-transferable, locking me into a specific company for something like the next 2 years? I don't have a very clear idea of what's involved. I'm not sure if I should be going into finance to begin with. Any tips or hard-earned wisdom would be greatly appreciated. |
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There are plenty of bankers, traders, and other sell-side guys that move around. But don't use that as a template for what you're looking to get into.
To answer your question, will there be restrictive covenants, yes - especially if you are going into buy-side HFT with proprietary in-house algos.