Statistical arbitrage

[Biswas Garg]

Is statistical arbitrage considered a quant job?

 

[Joy Pathak]

Is statistical arbitrage considered a quant job?

Yes. It's a part of Quantitative Finance.

 

[Biswas Garg]

Thanks Joy. What exactly does a statistical arbitrage job entails?

 

[Joy Pathak]

Thanks Joy. What exactly does a statistical arbitrage job entails?

http://www.markjoshi.com/downloads/advice.pdf

Statistical arbitrage quant, works on nding patterns in data to sug-
gest automated trades. The techniques are quite dierent from those in derivatives pricing. This sort of job is most commonly found in hedge
funds. The return on this type of position is highly volatile

 

[Biswas Garg]

Joy, thanks again. Can you name a few companies that hire statarb quants?

 

[Joy Pathak]

Joy, thanks again. Can you name a few companies that hire statarb quants?

I don't know any. You will have to find this out by yourself. Look for quant hedge funds.

 

[vincegata]

... hedge funds and proprietary shops that will ask for knowledge of GARCH.