# How Many ‘Quants’ Are There Worldwide?

January 24, 2013 1:46 pmSure, 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.

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