1.01.2005

Q: What is a Quant?

A:

(noun) A securities analyst with strong programming and numerical skills; someone who develops models/systems to assist the activities of traders and risk managers. a.k.a. rocket scientist.

A cause and effect of Quants can be seen with the rise of exotic derivatives on Wall Street: such securities bring more Quants to the industry, who in turn create more such securitie themselves.

Category: C++ Quant > Outdated

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