Flow Traders : “we are the Lidl”
In the fight for the most talented traders and developers, Flow Traders made a surprising move.
From now on, Flow Traders wants to be compared with the Lidl. The discount supermarket. Have to admit I never visited a Lidl store. Maybe there’s something very attractive about working there.
Recruitment portrait
It wasn’t a slip of the tongue from the investor relations or a nasty journalist. It was co-ceo Sjoerd Rietberg who wants to compare his firm with the discount supermarket. And Sjoerd (net worth €30 million) is happy about being the Lidl.
Never knew he did his shopping there. Journalists writing this kind of company portraits (nl) give companies a full say on the content.
You’re welcome
I have a lot of respect for Flow Traders and the people who work there. Even bought some share in the firm. They lack the raw speed, but they compensate this with true alpha. If management wants to be the Lidl – who am I to argue? I can help them out with spreading their new image. You’re welcome!
Jack mate didn’t you say you won’t invest in them < one year ago? 😛
I have always been curious, how easy/difficult is to lateral between these firms (AO, Flow Traders, Optiver, IMC, Tibra…)
Lateral between them? Not going to happen
Lateral from Optiver/IMC to any other prop firm is always possible unless you’re a complete tool. The other way around is unlikely.
Curious what people think of flow traders right now as a place to work?
look at the reviews on glassdoor
Not sure if glassdoor is very reliable… looks to be HR spammed.
You’re right. Anonymous comments on a blog are way more reliable.
better off checking a firms instagram or twitter site, they give happy realistic representations of a lovely career at their company.
Optiver Q1 marble 266 up from 2015’s 246
i imagine hilgers has 2 million marbles ?
i heard he has like, 4 million marbles
i would work there for 2 marbles, everyone on their instagram looks so happy
Can someone in the know tell me what their personal pros/cons of trading in Delta 1 vs Options at Optiver are? Also, is it ever possible or common to be able to switch from one to the other after a while? Thank you.
trading in options is easier and you make more money, delta 1 is too competitive in our days, profits are thin. Go for options if you can.
When you say Options makes more money, do you mean as a unit how much profit they bring in for the company, or that the traders in D1 actually get paid less? I always assumed they would be compensated the same. This is rather worrying.
Dear recent Optiver Training Graduate… This isn’t the Trading confluence page.
to be honest there’s only pros in my opinion:
options pros:
options trading is so higly automated these days that options traders can spend more of their time thinking about the longer term, “bigger picture”, and when ready to make a trade he/she can click the buy vegas/sell vegas buttons
delta1 pros:
actually less competitive than is made out to be. algorithms can be designed to input bids and offers, simultaneously, and then you scalp the spread thus arbitraging profits