Could you please elaborate on the salary range of quant traders? I'm quite curious about the compensation structure in this field. Do quant traders typically earn a base salary, or is it mostly performance-based? And if so, how does their compensation scale with their trading performance? Additionally, are there any significant differences in pay between junior and senior quant traders? I'd appreciate it if you could provide some insights into this matter.
7 answers
Alessandro
Tue May 28 2024
This top-tier income translates to an hourly wage of approximately $112, reflecting the high value placed on their services in the market.
CryptoPioneer
Tue May 28 2024
However, not all Quant Traders earn at this elite level. The 75th percentile salary for this occupation is $199,000, still a significant amount that exceeds the average income in many industries.
AndrewMiller
Tue May 28 2024
Quant Traders are highly skilled professionals in the realm of finance and cryptocurrency, earning competitive salaries. Their annual income is a testament to their expertise and dedication to the industry.
Bianca
Tue May 28 2024
The average annual salary for Quant Traders stands at $169,729, a figure that represents a solid and rewarding career path for those interested in this field.
EchoSoulQuantum
Tue May 28 2024
The annual salary of a Quant Trader can vary depending on various factors such as experience, skills, and performance. At the uppermost level, some traders can earn up to $232,000 per year.