A punting pole with a broad flange near the end to prevent it from sinking into the mud; a setting pole. (noun)
Examples of word Quant
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.
The so-called quant quake in 2007 hurt funds like Global Alpha as market volatility confounded computer-trading models.
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.
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%.
Across the industry, so-called quant funds have been hit especially hard by the downturn in credit and private-equity markets.