Edition Q3 2026 · frozen on publication

Quant compensation benchmark, Q3 2026

New York remains the reference market for quant pay, with London running below it across every discipline and portfolio-manager outcomes staying the widest band in the index.

Roles benchmarked
18
Market guides
17
Method version
2026.1
Published
1 September 2026

KnowQuant research deskUpdated 1 September 202618 roles across 17 marketsMethod 2026.1

What did quants earn in Q3 2026?

In the Q3 2026 edition, median quant total compensation in New York runs from $475k for the reference research role upward, with every role and market priced in the table below. Coverage period 1 July 2026 to 30 September 2026, method 2026.1.

Median total compensation by role and city

Median quant total compensation by role across 17 cities, Q3 2026 edition
RoleNew YorkUSDLondonGBPChicagoUSDSingaporeSGDHong KongHKDAmsterdamEURSan FranciscoUSDParisEURZurich / GenevaCHFDubai / Abu DhabiAEDBostonUSDAustinUSDGreenwich / StamfordUSDSydneyAUDTorontoCADMumbaiINRShanghaiCNY
Quant Researcher$475k£319k$461kS$522kHK$3.1m€323k$451k€297kCHF 376kAED 1.5m$409k$418k$461kA$520kC$456k₹8.7m¥1.9m
Quant Trader$450k£302k$473kS$494kHK$3.0m€352k$428k€282kCHF 356kAED 1.5m$387k$396k$437kA$492kC$432k₹8.2m¥1.8m
Quant Developer$340k£228k$330kS$374kHK$2.3m€231k$323k€213kCHF 269kAED 1.1m$292k$299k$330kA$372kC$326k₹6.2m¥1.3m
Quant Analyst$230k£161k$223kS$253kHK$1.5m€157k$219k€165kCHF 182kAED 743k$198k$202k$223kA$252kC$221k₹4.2m¥898k
HFT / Low-Latency Engineer$385k£264k$416kS$423kHK$2.6m€290k$366k€241kCHF 305kAED 1.2m$331k$339k$373kA$421kC$369k₹7.0m¥1.5m
Systematic Portfolio Manager$1.3m£926k$1.2mS$1.4mHK$8.3m€851k$1.2m€782kCHF 990kAED 4.6m$1.1m$1.1m$1.2mA$1.4mC$1.2m₹23m¥4.9m
Software Engineer$305k£205k$296kS$335kHK$2.0m€208k$290k€191kCHF 242kAED 985k$262k$268k$296kA$334kC$292k₹5.6m¥1.2m
Machine Learning Engineer$390k£259k$378kS$429kHK$2.6m€266k$390k€244kCHF 309kAED 1.3m$335k$343k$378kA$427kC$374k₹7.1m¥1.5m
Data Engineer$285k£191k$276kS$313kHK$1.9m€194k$271k€178kCHF 226kAED 920k$245k$251k$276kA$312kC$273k₹5.2m¥1.1m
Data Scientist$245k£164k$238kS$269kHK$1.6m€167k$233k€153kCHF 194kAED 791k$211k$216k$238kA$268kC$235k₹4.5m¥957k
Site Reliability Engineer$280k£188k$272kS$308kHK$1.9m€191k$266k€175kCHF 222kAED 904k$241k$246k$272kA$306kC$269k₹5.1m¥1.1m
Network and Infrastructure Engineer$250k£168k$263kS$275kHK$1.7m€196k$238k€156kCHF 198kAED 807k$215k$220k$243kA$274kC$240k₹4.6m¥976k
Security Engineer$275k£184k$267kS$302kHK$1.8m€187k$261k€172kCHF 218kAED 888k$237k$242k$267kA$301kC$264k₹5.0m¥1.1m
Trading Operations Analyst$175k£117k$170kS$192kHK$1.2m€119k$166k€109kCHF 139kAED 565k$151k$154k$170kA$192kC$168k₹3.2m¥683k
Risk Manager$240k£161k$233kS$264kHK$1.6m€163k$228k€150kCHF 190kAED 775k$206k$211k$233kA$263kC$230k₹4.4m¥937k
Compliance Officer$205k£138k$199kS$225kHK$1.4m€140k$195k€128kCHF 162kAED 662k$176k$180k$199kA$224kC$197k₹3.7m¥801k
Fund Finance and Accounting$200k£134k$194kS$220kHK$1.3m€136k$190k€125kCHF 158kAED 646k$172k$176k$194kA$219kC$192k₹3.7m¥781k
Technical Recruiter$185k£124k$179kS$203kHK$1.2m€126k$176k€116kCHF 147kAED 597k$159k$163k$179kA$202kC$177k₹3.4m¥722k

Median annual total compensation · local currency · Q3 2026 edition

What these figures include

  • Figures are annual total compensation: base salary plus expected performance bonus, in the market's own currency.
  • Employer-stated pay is used verbatim where an advert gives it, and labelled as stated. Everything else is a modelled market band.
  • Portfolio-manager figures reflect profit-share arrangements, so the band is deliberately wide and should not be read as an offer range.

Cite these figures

KnowQuant Quant Compensation Benchmark, Q3 2026 edition, method 2026.1. https://www.know-quant.com/benchmarks/2026-q3

Free to quote and republish with attribution and a link to the source page, under our terms. Method 2026.1, last reviewed 1 September 2026. The methodology sets out how each band is built and what it excludes.

Machine-readable copy: /data/salary.json. Other editions: Q3 2026.

Research desk

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Methodology

Figures are expressed as annual total compensation (base salary plus expected performance bonus) in the reference market's local currency, converted from a US dollar base. They describe typical market ranges rather than any individual offer, and exclude sign-on payments, deferred equity and carried interest. Portfolio-manager figures reflect formulaic profit-share arrangements and are therefore far more dispersed than any other role.

KnowQuantIndex 2026.1 · Updated September 2026

Modelled bands describe the market, not an individual offer. Where an employer states pay, the stated figure is used and labelled as such.