Is quantitative trader becoming obsolete?
I've recently read many opinions that traders are becoming obsolete (Will Trading become obsolete? | Wall Street Oasis) (Who do you think has a better future - a quantitative researcher at hedge fund like Citadel or a proprietary trader at Jane Street? - Quora).
This seems to apply to traditional traders that manually trade being replaced by computers, rather than nowadays quantitative traders (which also do a lot of coding). Is this true?
If so, why do you think quantitative traders are still necessary? From what I understand quantitative researchers nowadays can develop the model and push that to production (with the help from tech engineers) to automatically execute trades. From this logic, I'm not sure where quantitative traders will fit in the process, especially with trading algorithms and technology becoming better everyday.
Sed consectetur quis et. Cumque eos exercitationem amet pariatur corrupti beatae pariatur. Perspiciatis laborum eum dolorum libero sed. Atque dignissimos accusamus odit deserunt. Sit distinctio aperiam vel nulla.
Dignissimos voluptas ipsam sit sequi omnis. Dolore omnis labore quia tenetur in fuga quas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...