Quantitative Trader

What is a quantitative (quant) trader?

A quantitative trader is a professional who trades financial instruments within the confines of a quantitative trading strategy. These traders use mathematical models and statistical techniques to make informed decisions about when to buy or sell securities.

Quantitative traders typically work for large banks, hedge funds, or other financial institutions. They often have backgrounds in mathematics, physics, engineering, or computer science. Many quantitative traders develop their own trading algorithms and models.


Quant: A person who has strong skills in mathematics, engineering, or computer science, and who applies those skills to the securities business. For example, a pension fund may employ a quant to put together an optimal portfolio of bonds to meet the fund’s future liabilities.