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quants

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Latest Headlines

Quant mystique slowly fading

Larry Tabb, in yet another interesting column, writes: "Quant secrecy also is about supply and demand. The number of quant developers has been far more limited than human traders. When trading was first automated, the number of traders who understood computers was just about the same as the nu

The ultimate consequences of algorithmic trading

Everyone agrees algorithms are spreading fast. This is most evident in the stock market, where algorithms account for up to 70 percent of all volume, according to conventional wisdom. This could even go higher, even as the algorithms themselves get more intelligent, increasingly relying on pow

Quant skills still key to getting a job as a trader

Is it still cool to work as a quant for a top Wall Street firm? Quant-oriented hedge funds have taken some lumps. And some former quants--like Antonio Garcia-Martinez , a PhD physics student at Berkeley who was lured to Goldman Sachs--have not all thoroughly enjoyed their stints. But it's hard

SEC's own quant to deliver Flash Crash report soon

To some, quants are like nuclear warheads in the Cold War. The Russians had theirs, so we had to have ours. It was a numbers game. The objective was to outpoint the other side. And so it goes on Wall Street, where hiring astrophysics PhDs got really competitive for a while. But unbeknownst to

Quantitative funds shakeout continues

For quantitative hedge funds, the bloom has been off the rose since the financial crisis got underway. Many of these funds tanked in 2008 and have yet to recover. One in four has closed since 2007 according to one estimate. Funds have exited, usually finding their way into human-managed funds.

The rise, fall and rise of the quants

Quantitative analysis ( quantitative news) is the subject of a new book that's benefiting at least from sheer topicality. It's no secret that Wall Street was smitten with this new, modern approach to technical analysis. It seemed almost passé until a new breed of math geek took over. In "Th

Brave new world for quantitative analysis?

There's been a lot of talk about how the quants let Wall Street down, failing to predict the meltdown that engulfed the world. The good news is that the quantitative community, at the academic level, is certainly willing to push into new frontiers in its quest for improvement. The New York T

Glossy quant magazine wields influence

"The most influential magazine you've never heard of," according to Portfolio , is Wilmott , named for its editor Paul Wilmott. Apparently the magazine, which is aimed at the quantitative financial community, was fairly prescient with its views of the credit markets. It has  only about 2

Hedge funds and the new, new math

After the credit markets tanked, a good number of quantitative hedge funds tanked so much so, that some people started screaming the Emperor has no clothes. But Wall Street isn't giving up on quants. In fact, these funds are pressing ahead with even more radical concepts. According to Alpha