London becomes ‘quant’ powerhouse as traders rake in revenues

13 comments

1. I’m too poor to read this article but im gonna assume its good news

2. I am not surprised,

   The universities we’ve got here plus finance firms it makes sense. Even if you exclude oxbridge. It’s great news assuming you’re talented in the area. Unfortunately, I am not but we should celebrate the fact the opportunities exisit for grads as it’s hard climate as it is.

3. Good. We need to be doing something in the city as we lose ground to peers in traditional market places.

4. And yet many of these firms still go through regular rounds of layoffs despite making ludicrous amounts of money (speaking from experience, having worked for two big players in the quant and hedge fund space).

5. Let’s tax them to death

6. Ah cool the only part of the economy that ever does well is doing well still

7. Wdym “becomes”… it’s always been the centre.

8. If only London could become a housebuilding powerhouse. Or a public transportation powerhouse. You know, something real that actually makes a positive difference in normal people’s lives?

9. So quant is for quantitative, not quantum.

   Disappointing.

10. “A pipeline of skilled graduates”? I think in my years as a quant I have seen maybe one British quant.

11. Shhh.. don’t show this to Reeves. She’ll find a way to destroy this as well

12. This does fuck all for the rest of us.

13. how many quants joined these trading firms per class year?

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