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Ask HN: Will I get locked in a single company going into finance?

4 pointsby sailover 9 years ago
I&#x27;m looking for a job in finance as a software engineer in high-frequency trading or trading execution in general.<p>Will accepting a job from one firm make it impossible to work at another in the future?<p>In other words, will I end up learning &quot;trade secrets&quot; 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?<p>I don&#x27;t have a very clear idea of what&#x27;s involved. I&#x27;m not sure if I should be going into finance to begin with.<p>Any tips or hard-earned wisdom would be greatly appreciated.

1 comment

smc-over 9 years ago
What time frame are you comfortable with? It sounds to me like you&#x27;re looking at a 1-2 year span to get your feet wet. There is so much to learn, particularly if you are coming from a non-finance background, I would urge you to consider committing to it for a longer span. Which would mean that you would have greater flexibility and desirability on the other side, should you choose to leave. Otherwise I would urge you to avoid the space..<p>There are plenty of bankers, traders, and other sell-side guys that move around. But don&#x27;t use that as a template for what you&#x27;re looking to get into.<p>To answer your question, will there be restrictive covenants, yes - especially if you are going into buy-side HFT with proprietary in-house algos.