- Joined
- 8/6/09
- Messages
- 54
- Points
- 18
I got questions about Mark Joshi's job descriptions and trading process.
So research quant comes up with the new pricing model. Desk quant implements it(does that mean writing the code?) and the trader use these models(or the code)? What does the quant developer do?
There is also model validation quant who also implements pricing models. How is it different than the desk quant.
Also from desk quant you can move to trading, is it also possible to start from trading or all traders have been desk quants before?
I think clarifying how quant trading works and how each tyoe of quant fits into it would help the folks who are making job applications or considering to change their career, right?
So research quant comes up with the new pricing model. Desk quant implements it(does that mean writing the code?) and the trader use these models(or the code)? What does the quant developer do?
There is also model validation quant who also implements pricing models. How is it different than the desk quant.
Also from desk quant you can move to trading, is it also possible to start from trading or all traders have been desk quants before?
I think clarifying how quant trading works and how each tyoe of quant fits into it would help the folks who are making job applications or considering to change their career, right?