Hacker News new | ask | show | jobs
by legostormtroopr 1305 days ago
$80k is not a bad salary and I struggle to think of any Australian dev salary that is close to $400k.

Additionally, with good leadership 10 x $80k would almost certainly outperform 2 x $400k developers.

5 comments

Trading systems are complex distributed systems. They need extremely high reliability and low latency, on enormous transaction volume.

There are lots of complex failure modes in a system like this, and minimizing them is an advanced skill. The learning curve for a competent generalist senior engineer to get good at these kinds of problems is significant. Designing and implementing a national securities exchange is a big deal.

This is a place where you want either experienced developers who have worked on other stock exchanges, or at least FAANG engineers who've worked on systems with analogous challenges. This is not a place you want to skimp on salary.

You want HFT experts because this is the definition of an HFT system. Those salaries even in Australia start at $200k for a junior developer and go upwards quite quickly.

Of course OP thinks that $80k is a good salary for a developer so that ought to tell you how competent she is.

$80k was my starting salary in Sydney, as a grad, almost 15 years ago. It is not even close to competitive in today's market.
It's the ASX, in Sydney. 80K is not nearly enough for that work.
Plenty of $400k+ salaries in fintech in Sydney ...
Go get those tall poppies.