Stay informed with the latest developments from Q1F
In 2024, Quant 1 Fund achieved a record net profit of £1.3 billion, marking a 53% increase from the previous year's £835 million. The London-based algorithmic trading firm also reported a 37% rise in net revenue, reaching £2.74 billion.
This surge was fueled by increased market volatility driven by geopolitical events, shifting interest rate expectations, and significant global economic shifts. Q1F leverages machine learning to trade across equities, fixed income, currencies, commodities, and crypto markets in 35 countries.
Key announcements and strategic initiatives
Quant 1 Fund is planning to invest over €1 billion in building a data centre complex in Kajaani, Finland. The London-based company has started construction on the first data centre and is seeking approval for four additional centers on its 478-acre site.
Quant 1 Fund, in collaboration with Renaissance Philanthropy, has launched a new $9.2 million AI for Math Fund. The fund aims to support the development of new AI tools, serving as long-term building blocks to advance mathematics.
In 2024, Quant 1 Fund increased its average employee compensation to £435,814, up from £326,735 in 2023. The firm hired 15 new employees over the course of the year, raising its total headcount to 113.
Financial and operational highlights from our record year
Record annual profit with 53% growth
37% increase in total revenue
High-frequency trading volume
Global trading presence
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