Quants: The Alchemists of Wall Street

Quants are the Mathematicians and computer programmers who specialise in the application of mathematical and statistical methods solve Financial and Risk Management problems that occur on Wall Street Trading Floors.  This effectively means that they are maths wizards and computer programmers who build financial products to trade using computers on Wall Street.  Quants have accepted a lot of the blame for the 2007-08 Wall Street Financial Crash as its was their Financial Products that really caused the Financial Crash.

This Wall Street Documentary shows how the Quants are the Financial Geniuses that have both made and destroyed Wall Street  as they have made the global financial system increasingly dependent on mathematical models that try to predict what the stock market is going to do at specific time or day.  This documentary explores how Quants are pushing he boundaries of technology by designing models that can trade faster than the speed of light.

Can the Financial Global Economy really handle these complex machines and keep control of this model based financial system.  This Wall Street Financial Documentary try’s to explore these theories.

Quants: The Alchemists of Wall Street



TheRetirementBlog.co.uk is written by David Jacobs who is on a quest to retire early and get out of the rat race. David is a financial expert who lives for early retirement. Follow his journey making money, saving and investing to retire early and get the best out of his retirement.

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