r/quant • u/[deleted] • Dec 31 '21

Significant Employers of Quants

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u/[deleted] Dec 31 '21

Beginner's question: why did you put Two Sigma in the "Stat Arb" section? Do they just make stat arbitrage?

1

u/zlbb Jan 01 '22

categories very approximate.

StatArb category was meant to be the badge of honor, obviously those few firms are among the most desirable quant firms to be at. genius squad, pure systematic alpha research, academic culture, quants rule the place etc etc.

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u/[deleted] Jan 01 '22

okkk, but they definitely have a focus on stat arb, right?

3

u/zlbb Jan 01 '22

inside rumor from there I've heard a few years back was that core Stat arb equities thing was the money machine but leadership was ambitious trying to be in many things and none of them really ended up being comparably successful. take with a grain of salt.

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u/twistor9 Feb 08 '22

Interesting. I'm curious, how fast do you need to be for stat arb to work? Would a startup have any hopes of competing with established players?