4 ms·
Is that why physicists (vs computer scientists) are no longer recruited as actively for quant trading roles? It seems like all the low hanging fruit has been a
by ruang 13y ago
Is that why physicists (vs computer scientists) are no longer recruited as actively for quant trading roles?
It seems like all the low hanging fruit has been arbitraged away. I've worked with a Math PhD from Princeton before in prop trading and he always lost money.
- shogunmike 13y agoMachine learning techniques are becoming more common. Hence a shifting trend towards CompSci away from Physicists. The latter were often hired due to their modelling/probability capabilities in PDEs for derivatives pricing. Also CompSci comes with a (perceived) "built in" ability to carry out good software development practices.