Post by Chris Zhang,CAIA

While OpenAI may be paying high salaries to recruit quants and traders from prop trading firms, the situation is different when it comes to engineering talent. Levels.fyi has released its annual compensation report, which shows that Hudson River Trading and Jane Street are the two best companies for entry-level engineering roles.Jane Street has historically won in this category, but this year Hudson River Trading took the crown. The remuneration was increased to an impressive $400,000 on average, while Jane Street maintained its position at $350,000. In comparison, OpenAI paid just $300k for 3rd place.It is evident that the competition for top talent between electronic market makers and AI giants becomes intensifying. #Global #Electronic #Marketmakers #AI #Firms #talentwar https://lnkd.in/gE3Jk_zB