Rise Of The Quant

In the business, they’re oft chided as “rocket scientists” or “propeller hats” but they’re the new archetype for a Wall St. trader. They don’t wear $5000 suites, they don’t care about the bull or the bear and they don’t even do their own trading. They spent years in academia only to leave it’s sheltered walls looking for a big day on Wall Street. Their art is called high frequency trading. (more…)