Quant trader salary Apr 10, 2025 · The average salary for a Quantitative Trader is $305,936 per year (estimate) in United States, which is 8% higher than the average Susquehanna International Group salary of $281,498 per year (estimate) for this job. new grads are usually in the 200-250k range. It is common to see experienced and senior quantitative traders on Wall Street receive compensation in the millions based upon their individual and firm performance as well. A discussion thread on Reddit about the pay differences between quant researchers, traders, developers and PMs. S earn an average salary of $316,764, with the top 86% making an astonishing $517,080 annually. Nov 11, 2020 · Quant Traders: Traders execute the Quant Salary and Bonus Levels. Let us find out more about the quantitative analyst and the salary aspect of the same with this blog that covers: Who is a quant? All about the quant salary; Skills for becoming a quant trader Apr 15, 2025 · The salary of a Quantitative Trader in India varies based on experience, location, company & Industry. Nov 26, 2023 · The average annual salary for Quantitative Trader in the US is $37,757. Each of those has been based in New York. Embark on your quant finance career journey with our comprehensive 2024 CQF Careers Guide to Quantitative Finance, your roadmap to success in this dynamic field. What is the salary for Quantitative Trader per hour? Firm: A large sell-side firm Location: Bangalore Role: Quant risk YoE: 6 years Salary: Around 35 LPA Bonus: 20-30 % Hours worked per week: 35-40 Hello All, I have some questions regarding SWE and Quant Devs at Trading firms / HFTs. The average Quantitative Trader base salary at Citadel is $213K per year. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 300k base pay is for experienced hires. Apr 10, 2025 · The estimated total pay range for a Quantitative Trader at Citadel is $313K–$500K per year, which includes base salary and additional pay. Hope that helps as a benchmark for base. What is the average Quant Devs salary? like 300K base and a x1 bonus, meaning 600k total comp? Salary for a Quant Trader I am planning to do a Masters in Financial Engineering in US (Top 6 school in Quantnet) and want to work as a Quant Trader after I graduate. Average salary: Quant Trader Developer Computer Science: $150K: Quant Trader Developer Data Science and Analytics: $150K: Quant Trader Developer Engineering: $150K: Quant Trader Developer Mathematics: $150K: Quant Trader Developer Software Engineering: $150K: Trader – Junior: $102K: Software Engineer - Junior: $102K 1 day ago · The estimated total pay for a Quant Trader is $90,776 per year, with an average salary of $69,374 per year. ehhh. The average Quantitative Trader Salary in The United States is $170,000 per year. pushed to becoming an excellent trader) - Reputation, resume value, and exit opps into other trading firms and quant hedge funds a couple years down the road (I want to be in New York) - Comp and comp growth - WLB and turnover Please let me know what you think and thank you. Apr 10, 2025 · The average salary for a Quant Trader is $704,583 per year in United States. Mar 23, 2025 · The average salary for a Quantitative Trader is $10,690 per month in Singapore. there's more overlap in a back office quant role, but it's still not a big enough overlap to offset someone with the equivalent number of years in industry I'm in the interview process at these 4 places for a quant trader position starting in summer of 2023. Quantitative Trader. Compensation data for quantitative traders, researchers, and developers. Nov 14, 2022 · To give you an example of the impact of quant trading, Man Group's AHL Dimension programme is a $5. PhD quant here. The report uses data from a universe of 72 quant hedge funds and proprietary trading firms, globally. Download the 2024 CQF Careers Guide to Quantitative Finance here. Nov 21, 2022 · Learn how much quant traders, researchers, and developers earn at top firms in finance. According to ZipRecruiter, a quant trader's salary will Quant Trader Salary. Current job listings reflect those figures; both graduate and experienced quant researcher openings at the firm post a flat average salary of $300k. Aug 9, 2021 · How much do quants make in different regions and types of firms? Selby Jennings reveals the latest quant pay data from North America, EMEA and APAC. 60 an hour or $169,729 per year. e. According to the Morgan McKinley Salary Calculator, the average annual salary for Quant working in Singapore is S$275,000. Apr 10, 2025 · The average salary for a Quantitative Trader is $305,934 per year (estimate) in United States, which is 29% lower than the average Optiver salary of $433,991 per year (estimate) for this job. Being a trader at Jane Street is pretty awesome but a trader at Two Sigma is back office (they only have a few traders). This report analyses the basic salaries (not including bonus and sign-on) across Front Office, Back Office and Technology for the quant trading industry over the past three years (2020, 2021 and 2022). 1 day ago · What is the highest salary offered as Quant? Highest reported salary offered as Quant is $1250k. Apr 21, 2025 · The estimated total pay for a Quantitative Trader is $255,000 per year, with an average salary of $130,000 per year. Jan 27, 2019 · At other firms, traders are front office and the ones devising the strategies. See salary data for interns and full-time quants, and compare with other roles in the industry. 0 Lakhs per year. 1 billion dollar hedge fund with the help of quants. Apr 19, 2025 · The average salary for a Quantitative Trader is $198,516 per year in United States. May 2, 2006 · For more datapoints on the quant buyside: First year comp: 350k-625k where decomposition is 150-300k base, 50-200k sign-on bonus, 75-150k guaranteed performance bonus. Top companies and specialized roles may offer higher compensation. New CQF delegates often ask questions such as: What salary can I expect working in quant finance? Apr 14, 2025 · The average salary for a Quantitative Analyst in South Africa is R513,010 in 2025. expected bonus should be somewhere in the ball park of base pay for new grad. Nov 14, 2022 · In the U. The average QUANTITATIVE TRADING SALARY in the United States as of April 2025 is $81. Experience Apr 10, 2025 · The estimated total pay for a Quantitative Trading is $355,685 per year, with an average salary of $164,453 per year. Find salaries, skills, industries Mar 28, 2018 · Sternberg cites a front-office quant MD at a mid-sized foreign bank who makes a base salary of around $500k base plus a 100% bonus. See the tables and compare the bonuses and salaries of quant traders. One of those firms is Jane Street, whose $200k starting salaries we've written about before. Apr 8, 2025 · In addition to base salary, quant traders frequently receive performance-based bonuses, which can significantly increase total earnings, sometimes by 50% to 100% of their base salary. Entry-level software development engineers are now on salaries of $250k. The titles quant, quant researcher, trader, quant trader can mean different things at different firms. Jane Street is a quantitative trading firm and liquidity provider with a unique focus on technology and collaborative problem solving. i don't Top 100 Quantitative Trading Firms to Know in 2025. Hong Kong, London, Miami, New York, Singapore. TC for quant development associates goes up to $250k, while for quant researchers it reaches $325k. The average additional pay is $177K per year, which could include cash bonus, stock, commission, profit sharing or tips. I understand that Q Researchers / Traders probably earn more than Q Devs. sign on depends how much they want you. Just in case you need a simple salary calculator, that works out to be approximately $81. this candidate had a competing offer from citadel HF. Discover salary trends for 2025. Nov 17, 2020 · However, banks' pay is eclipsed by the compensation on offer at a group of hyper-elitist, ultra-secretive quant trading firms. com, a Quantitative Trader earns the most in San Jose, CA, where the annual salary of a Quantitative Trader is $90,337. highest guaranteed 1st year JS offer for a new grad i've seen was 900k in 2021 (expect lower for 2022+), which included sign on. May 24, 2024 · As of 2024, the average annual salary for a quantitative analyst is $144,634. This guide provides an overview of the 100 most important quant firms, offering insights into their trading strategies, market specialization, and career opportunities. 5. Quant traders are among the highest-paid professionals in the finance industry. The top 10% of employees earn more than $382k per year. Although, the experience of the quant, the job role and the expertise matter in determining the exact salary, a quant usually earns well. In the United States, that would be New York and Chicago, and areas where hedge Mar 4, 2025 · According to Indeed, $195,386 is the average salary for quant traders as of February 2025, with a low of $137,371 and a high of $277,903. A Quantitative Trader's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. I'm curious about pay/WLB/culture across the four. The 2024 CQF Careers Guide to Quantitative Finance provides an in-depth look at salaries and compensation across six career paths: risk management, portfolio management, technology, quant trading, quant strategies and research, and data science and machine learning. Salaries estimates are based on 56 salaries submitted anonymously to Glassdoor by a Quant Trader employees in United States. The average Quantitative Trader Hourly Wage is $100. academic research != quant research and there are very few things that overlap. Apr 8, 2025 · The quantitative trading salary in 2025 reflects a highly lucrative career with substantial growth potential. With salaries ranging from $120,000 to $250,000 and the opportunity to earn significantly more through bonuses, this career path offers both financial rewards and intellectual challenges. 00 per hour. You're a quant if you work in front office quant trading/research My base salary after I moved was £85k. in expectation, the ROI and opportunity cost with a PhD pales in comparison to a B. I want to know the compensation that I can aspire for. 60 an hour. Feb 9, 2025 · The estimated total pay for a Quant Trader is $170,290 per year in the Singapore area, with an average salary of $120,000 per year. May 8, 2024 · The estimated total pay for a Quantitative Trader is ₹51,00,000 per year, with an average salary of ₹30,00,000 per year. Factors That Influence Quant Trading Salaries. See how your salary compares to other Quantitative Traders with Comparably The estimated total pay for a Quantitative Trader is £206,070 per year, with an average salary of £124,065 per year. The top 1% earn more than a whopping $854k per year. Jul 13, 2022 · Devise new trading strategies for current and prospective markets; Evaluate prospective markets for opportunities; Requirements: Technical background (Maths, Physics, Engineering, Econometrics, Quant Finance or similar quantitative studies) Strong interest in trading (Experience in real or simulated trading is a plus) - Career growth (i. On average, Quantitative Trader salaries ranges from ₹3. In accordance with applicable law, the base salary range for this role is $175,000 to $350,000. Apr 26, 2022 · Following a recent salary increase, sources say that starting salaries for researchers and traders at Jane Street have been increased to $275k. According to comparably, Quantitative traders in the U. , generally, quant professionals are offered salaries of around $130,000 (according to Indeed). Another is G-Research. Several factors can impact the salary of a quant trader, including: 1. 0 Lakhs to ₹100. Apr 10, 2025 · The average salary for a Quantitative Trader is $305,940 per year (estimate) in United States, which is 8% higher than the average Susquehanna International Group salary of $281,498 per year (estimate) for this job. Visit PayScale to research quantitative analyst salaries by city, experience, skill, employer and more. Apr 21, 2025 · The estimated total pay for a Quantitative Trader is $255,000 per year in the Sydney area, with an average salary of $130,000 per year. Apr 6, 2025 · The average salary for a Quantitative Trader is $237,485 per year in New York, NY. Salaries range from $136,300 to $223,400. Senior model developers are less likely than front-office quants and traders to exceed $1m, as their comp is more evenly split between base and bonus, but they can do so if they make MD and lead a desk. According to the latest salary data by Salary. S. Feb 9, 2025 · The estimated total pay for a Quant Trader is SGD 170,152 per year in the Singapore area, with an average salary of SGD 120,000 per year. The average range, meaning the 25th to 75th percentile, is roughly $114,000 to $184,000. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. These insights underscore the diverse opportunities available within the field Apr 20, 2025 · Quantitative analyst positions are found almost exclusively in major financial centers with trading operations. See the comments from a quant headhunter and an execution trader at a quant hedge fund. Get paid what you're worth! Apr 16, 2025 · The estimated total pay for a Quantitative Trader is $124,000 per year, with an average salary of $100,000 per year. Jump to: Average Salaries; Location Mar 9, 2023 · Graduate traders are earning salaries of as much as $600,000 straight out of university as Sydney becomes an Asia-Pacific hub for tech-driven trading companies. Base salary is $250,000 Mar 24, 2025 · Since the start of 2024, Five Rings has paid ten H1B quantitative researchers (and one quant trader) a salary of exactly $300k. plus bonus to a fresh quant How much does a Quantitative Trader make a year? The average pay is $92647 a year for a Quantitative Trader Job in the US. in STEM + 5 years as a quant. Note the bonus Jul 16, 2024 · Early career quant developers can earn a higher base salary than researchers on average, $200k compared to $175k, but the bonus potential for researchers even at associate level is enormous. Entry-level salaries range between ₹20-35 lakh per annum in India and $100,000-$150,000 annually in the USA, with experienced professionals earning upwards of ₹1 crore in India or $500,000, including bonuses, in the USA. Flow traders ( 179 traders, 554 employees): FY2020 Employee expenses variable: 284M FY2020 Employee expenses fixed: 46M IMC ( ~800 employees): FY2020 Employee variable expense: 125m FY 2020 Number of Employee expense> 1,000,000: 25 I do think other firms like Optiver, Citadel, Janestreet will typically pay more. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Base salaries for entry-level Quant Researchers at hedge funds in New York are around $125K to How much does a Quant Trader make? As of Apr 22, 2025, the average annual pay for a Quant Trader in the United States is $169,729 a year. The estimated total pay for a Quant Trader is £175,851 per year, with an average salary of £91,867 per year. iwcpcicayjpoxwpnzikhhkpnnxkszhttgxhuqqjpcrjfgwcbafdsaiyyuoeczzclravovousizw