How Many ‘Quants’ Are There Worldwide?January 24, 2013 1:46 pm
Sure, this is anecdotal and not scientific – something quants would hate – but this is the first time we spotted something like this – that worldwide, there are only a very small number of people who trade the markets based on algorithms and other quantitative methods – about 10,000 quants exist worldwide (Source)
That seemed to us like a strikingly small number at first sight. But we tried digesting it this way – as you move into the automated world, the ‘number of people’ stat will always be a surprise. That is the whole point, actually.