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Re: Intotheblack post# 45584

Sunday, 05/17/2015 3:33:43 PM

Sunday, May 17, 2015 3:33:43 PM

Post# of 63559
For those wondering what Quants are...

The institutional holdings page shows Susquehanna bought 500K shares. Their website below states:

Our quantitative research associates solve mathematical puzzles found in the financial marketplace and process vast amounts of data in order to identify profitable trading opportunities.



http://www.sig.com/quantitative-trading/quantitative/

Investopedia defines Quantitative Traders as:

http://www.investopedia.com/terms/q/quantitative-trading.asp

Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify trading opportunities. Price and volume are two of the more common data inputs used in quantitative analysis as the main inputs to mathematical models. As quantitative trading is generally used by financial institutions and hedge funds, the transactions are usually large in size and may involve the purchase and sale of hundreds of thousands of shares and other securities. However, quantitative trading is also commonly used by individual investors.