OpenQuant Newsletter - Edition #107
Quant News, Jobs & Internships, Upcoming Events, Puzzles and More!
Hello, fellow Quants!
Welcome to the OpenQuant newsletter - a publication dedicated to democratizing quantitative finance by sharing the latest news, jobs & internships, educational opportunities, and upcoming events in the industry.
Here’s what we have in this week’s edition:
Quant News - catch up on what’s happening around the quant industry.
Quant Jobs - discover the latest internships/jobs to land your next quant role.
Upcoming Events - find community events to meet fellow quants.
Educational Resources - latest research papers & courses to learn quant concepts.
Quant Puzzle - keep your interview skills sharp with a weekly brainteaser.
News Headlines
📰 CryptoQuant CEO Doubles Down on Bitcoin Bull Market Call, Says Coinbase Whales Leading BTC Surge | The chief executive of market intelligence firm CryptoQuant is doubling down on his position that Bitcoin remains in a bull market.
📰 Electronic Trading Firm DRW Hired a new COO from Citadel Securities | DRW has been making gradual changes to its executive team. After hiring a new CTO formerly from Jump Trading, it has now hired a new COO who recently left Citadel.
Our Top Internships
✨ TransMarket Group - Systems Engineer Intern | a market maker in a diverse group of assets including commodities, government debt, currencies, and interest rates.
✨ Weiss Asset Management - Quantitative Analyst Intern | a global investment manager that has developed proprietary investment strategies for over 30 years.
✨ Exodus Point - Quantitative Researcher Intern | an American investment management firm headquartered in New York City.
Our Top Full-Time Positions
✨ Tower Research Capital - Senior Quantitative Researcher | a financial services firm that specializes in high-frequency trading and algorithmic trading.
✨ Goldman Sachs - Quantitative Strategist | the world's preeminent investment bank, serving the most influential corporations and institutions.
✨ Fidelity - Senior Quantitative Developer | one of the largest mutual fund companies in the U.S. Headquartered in Boston.
✨ Bridgewater Associates - Senior Investment Associate | a premier asset management firm, focused on delivering unique insight and partnership.
Upcoming Events
📆 IMC Trading - Launchpad Trading Program | a 2-day program for second year students interested in trading roles at a leading global trading firm.
📆 IMC Trading - Launchpad Software Engineer Program | a 2-day program for second year students interested in software engineering roles at a global trading firm.
Educational Resources
🚀 [Quant Trader] A Practical Guide To Quantitative Finance Interviews | the most well-renowned book to prepare for quant interviews.
🚀 [Quant Developer] Comprehensive Rust | a free Rust course developed by the Android team at Google covering basic syntax to advanced topics.
🚀 [Quant Researcher] Advances in Foundation Models | a free online course covering development of foundation AI models.
Weekly Quant Puzzles
Question #1 - Probability
Suppose you roll a fair 6-sided die until you've seen all 6 faces. What is the probability you won't see an odd numbered face until you have seen all even numbered faces?
Quote of the Week
“It's hard to find ideas that aren't picked over and harder to get real returns and differentiate yourself. We are entering a new environment.” - Steven Cohen