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Quants Growth in Chicago and Hong Kong

Posted on November 2023

Quant Growth

The shift towards data-focused strategies is pushing Quantitative Traders and Quant Developers to the front lines of the financial world. Major finance cities like Chicago, Hong Kong, and Singapore are leading this change. At Selby Jennings, we're not just watching these trends – we're part of the story. Our data highlights a standout 10% increase in quants vacancies in Chicago, which recently joined the ranks of the top 10 global financial centers. Similarly, we've observed a 24% growth in quantitative recruitment vacancies in Hong Kong and a 19% growth in Singapore. These numbers speak volumes about the growing demand in these key cities.

Decoding Chicago's 10% Uptick

Chicago, known for its strong financial roots, is now a leading spot for quant talents. The impressive 10% increase in quants vacancies comes from:

  • Tech Meets Tradition: By combining old financial ways with new tech methods, Chicago attracts many quants.

  • Changing Markets: As the ways of trading change and new chances come up, Chicago needs more skilled quant experts.

Chicago & Hong Kong: Echoing the Quant Momentum

Chicago's remarkable surge in quantitative recruitment has undoubtedly caught the attention of international quantitative analytics, research and trading professionals, but it's not the only city experiencing growth. While the 10% spike in Chicago is significant, Hong Kong's own trajectory shouldn't be downplayed. We have seen a noteworthy 24% increase in quantitative vacancies. This uptick is driven by several factors, including its longstanding financial heritage, a progressive tech ecosystem, and a robust demand for data-driven expertise in its bustling market. As two of the country's primary financial hubs, both cities are racing ahead, further establishing their dominance in the evolving world of quantitative finance.

Looking Ahead

As we set our sights on the future, one thing is crystal clear: quants are steering the future of global finance. Their role is growing, and the industry needs the best minds to keep pace with this dynamic shift. That's where Selby Jennings shines. Our award-winning quantitative analytics, research and trading recruitment team stands out, and here's why:

  • Expertise: With years in the industry, our knowledge isn't just deep—it's precise. We understand the nuances of quant roles like no other.

  • Global Network: Our vast and diverse network ensures that we connect firms with the ideal candidates, tailored to their unique needs.

  • Dedication: We're not just recruiters; we're partners. Our commitment is to ensure mutual growth for both companies and professionals.

So, if you're a firm aiming to make impactful hires, look no further. Request a call back to discuss how we can help you find the top quants talent.

For those in the quant field ready to take on new challenges, exciting opportunities are just around the corner. Submit your resume here and explore our hand-picked positions in dynamic hubs like Chicago and New York.

For an added layer of insight, our comprehensive quants salary guide provides a detailed view of the current compensation trends in the industry. With Selby Jennings by your side, let's work collaboratively to craft a brighter, data-driven future in finance.