In the United States, quant trading positions are most prevalent in big financial hubs such as New York and Chicago, and areas where hedge funds tend to cluster, such as Boston, Massachusetts, and Stamford, Connecticut. Globally, quant traders may find employment opportunities in major financial ...
You may be thinking of quant funds, which do cause problems in the market from time to time, especially since they generally use the same data sources and pile into the same trades– that can cause havoc when they all try to exit the same asset at the same time, for example.cdr Mar...