Why do basically all traders need at least a graduate degree?

Because foreign hedge funds mostly use programmed trading, they have their own set of mature trading models, which require highly educated talents to master. In China, traders or trading teams are the main players, and programming is still in the process of development.

Most of the highly educated people recruited by foreign hedge funds are not traders, but other positions. Domestic securities firms will not recruit traders. If they do, they will recruit experienced traders (large accounts in a certain sales department of the securities firm recruit them in a private name).

Traders do not need high academic qualifications, but there are still certain requirements.

1. Bachelor degree or above in finance, economics or other majors.

2. Good securities transaction execution ability, securities market observation ability and sensitivity, and communication and expression skills.

3. Must pass the relevant subject examinations for securities practitioners and fund practitioners.

4. Applicants with more than one year of experience in trust companies, insurance asset management companies, large-scale sunshine private equity companies and other industries are preferred.

5. Applicants with relevant futures qualifications, QD business transaction experience, and those who have passed the local currency qualification examination of the People's Bank of China will be given priority.

6. Those under 30 years old are the best.