Quant

From Traderpedia

Revision as of 11:24, 10 September 2006 by Arbitrageur (Talk | contribs)
Definition:
A Quantitative Analyst is a trading "superbrain", a person who works in the financial markets developing mathematical or statistical models to assist the activities of traders and risk managers within banks and other large corporate institutes.


Throughout the industry, such professionals are known as quants. They are the trading equivalent of the Brain Bug from the Starship Troopers movie.

Quants are generally paid obscene amounts of money, as can be attested to by any casual search of efinancial careers or cityjobs. Considered to be one of the top jobs in the city.

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