r/quant

Hi everyone,

I know the integration of LLMs into Quantitative Research roles has been discussed here before, but I haven't seen a concrete conclusion regarding its actual impact on alpha. Most posts just vaguely mention "interesting consequences for alpha" without elaborating further.

I'd love to start a focused discussion specifically on alpha generation. Are LLMs causing alpha to be arbitraged away quicker? Have you noticed that something is actually different in the prices?

What are your thoughts?

I'm an incoming graduate at a tier 2 HFT, and in my free time I made a completely free automatic job scraper which fetches 3k+ roles across 65 Quant firms + AI Labs in a single website. After making the website I feel like people here will genuinely find it useful, I've had 2k unique users for the past week.

I made this because last year when I was heavily interviewing, going through individual job boards every 5 days was a huge pain for me, so I made a list which can view all the open roles, standardised by category (trader/researcher/dev) and experience (internship/graduate/experienced)

Please have a go and let me know what you guys think! Any feedback will be greatly appreciated :DD

https://www.quant-scraper.com

Trying to work out where my delay really is on x based signals and my numbers keep disagreeing with each other. For a while i only logged one timestamp, when the message hit my box, and it turns out that tells you almost nothing.

Now i log three, publish time, receive time and order out time. The publish time for x comes from the tweet id, so i don't need a separate lookup for it. First batch was useless though because my clock had drifted about 200ms, so ntp runs all the time now. I also had a feed from 1322io in the mix while testing, and a few posts showed up twice because of edits and reposts, so i dedupe on post id now. That cleaned up a lot of fake signals.

Still not sure my setup is right. I report p50, p90 and p99 instead of averages, but the tail is still noisy and i can't tell if it's the network, my own code or the exchange side.

What do you log beyond those three timestamps? And do you correct for clock offset separately or just trust ntp?