Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. Slang An expert in the use of mathematics and related subjects, particularly in investment management and stock trading.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A quantitative analyst.
  • n. Quantity.
  • n. Quantifier.
  • n. A punting pole with a broad flange near the end to prevent it from sinking into the mud; a setting pole.
  • adj. Quantifiable.
  • adj. Quantitative.

from the GNU version of the Collaborative International Dictionary of English

  • n. A punting pole with a broad flange near the end to prevent it from sinking into the mud; a setting pole.

from The Century Dictionary and Cyclopedia

  • n. A walking-stick.
  • n. A pushing-pole with a flat board or cap at one end to prevent it from sinking into the mud, used by bargemen; also, a jumping-pole, similarly fitted, used in marshes. The name is also given to the cap.

Etymologies

Probably short for quantitative.
(American Heritage® Dictionary of the English Language, Fourth Edition)

Examples

  • For years, he has been a senior executive overseeing so-called quant trading within Goldman Sachs Asset Management, after helping launch that unit ' s computer-driven investing business in 1989.

    Quant Veteran to Retire From Goldman

  • The so-called quant quake in 2007 hurt funds like Global Alpha as market volatility confounded computer-trading models.

    Quant Veteran to Retire From Goldman

  • And though quants and risk managers played a central role exacerbating last year's financial crisis, 86% of those surveyed indicated their supervisors '"level of understanding of the job of a quant is the same or worse than it was a year ago," and 70% said the same about their institutions as a whole.

    Sen. Ted Kaufman: Breaking Wall Street's Boom, Bailout Cycle

  • Today even with the most sophisticated algorithms touted by our best and brightest quants (a quant is a believer in quantitative analysis), the average CTR now reports in at around 0.3%.

    The Center Cannot Hold - Jaffer Ali - MediaBizBlogger

  • Across the industry, so-called quant funds have been hit especially hard by the downturn in credit and private-equity markets.

    Janus, Franklin See Fund Strength

  • So-called quant funds often target stocks that look cheap, based on various measures, and bet against overpriced shares.

    WellCare: Pariah to Bargain?

  • The group is smaller than the 60-person PDT, which is led by Peter Muller, a so-called quant manager who uses mathematical models to trade securities.

    BusinessWeek.com -- Top News

  • This should prove to be quite interesting, either he is the right man for you and you can consign your blog to history or he isn't and you lose a reader, either way at least you get a good dinner, by the way a quant is the group of people employed in financial services to analyse the data for instruments we trade or sell or to analysie the risks generated by such instruments - in effect quants were the people who said to the senior management at places like RBS and Lehmans "don't worry, I've run the numbers and can say with 99% certainty that you wont lose money on this" For some reason quant desks seem to have a large proprtion of Asians, mathmatics degrees are very common, so you might be on comfortable ethnic ground.

    There Won't Be Blood

  • It was pretty well buried in a blog post by Antonio Garcia-Martinez, a former Goldman "quant" (financial analyst).

    Richard (RJ) Eskow: Techno-Thriller: Why Was Goldman Sachs So Worried About One Nerdy Sentence?

  • The firm has attracted at least one long-time "quant" skeptic: famed value investor

    Letting the Machines Decide

Wordnik is becoming a not-for-profit! Read our announcement here.

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.

  • Also: 1. A pole for propelling a barge or punt, typically having a prong or flange at the bottom to prevent it from becoming embedded in mud.

    That definition contains a delightful number of fun words.

    2. In a windmill: a vertical spindle that transmits the drive from the gearing to the upper of a pair of millstones.

    October 10, 2008

  • November 1, 2007

  • November 1, 2007