Definition of "quants" []

• Plural form of quant. (noun)

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• "The new kids on the block became known as "quants" - short for quantitative analysts."
• "And at Goldman, the "quants" -- mostly failed scientists, the author writes -- were simply there to justify the money-making machine:"
• "While Mr. Kerviel burned with a sense of his own worth, Société Générale paid little attention to him or other nuts-and-bolts traders on Delta One and focused instead on nurturing "quants" -- traders with advanced academic degrees who used complex mathematical models to make money for the bank."