“Why choose Citadel Securities over Citadel the hedge fund?”
What they test. Structural awareness of market making vs asset management
Weak answer. It is an elite firm with incredible compensation and top talent, and I want to be close to the markets.
Strong answer. I want to provide continuous liquidity and model market microstructure and order books at scale, with the immediate feedback loop of market making, rather than hunt medium-term inefficiencies through a portfolio.