OpenQuant Newsletter - Edition #115
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
📰 Millennium Poaches Balyasny’s Schurr With $100 Million Offer | Millennium Management hired Steve Schurr, a senior equities manager at Balyasny Asset Management, with a potential payout of more than $100 million.
📰 Multistrategy Hedge Funds Turn a Rocky April Into More Gains | Balyasny Asset Management and Schonfeld Strategic Advisors both delivered gains of about 1% in the month, pushing their main funds’ performance above 3% in 2025.
Our Top Internships
✨ Point72 - Academy Investment Analyst Intern | a leading global alternative investment firm led by Steven A. Cohen.
✨ Tower Research Capital - Quantitative Researcher Intern | a financial services firm specializing in high-frequency trading and investment strategies
Our Top Full-Time Positions
✨ Susquehanna International Group - Sports Trader | a global quantitative trading firm with a passion for game theory and probabilistic thinking.
✨ Peak6 - Quantitative Researcher | a proprietary equity options trading firm headquartered in Austin, Texas.
✨ Point72 - Quantitative Researcher (NLP) | a leading global alternative investment firm led by Steven A. Cohen.
✨ D.E Shaw - Quant Systems: Senior Linux Engineer | a global investment and technology development firm founded in 1988.
Upcoming Events
📆 Citadel ICML Travel Grant | apply for a grant from Citadel for the International Conference on Machine Learning taking place in Vancouver this Summer.
Educational Resources
🚀 [Quant Trader] High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems | a second edition of a guide to high-frequency trading.
🚀 [Quant Researcher] DeepMind x UCL - Deep Learning Lecture Series | a collaboration between DeepMind and the UCL Centre for Artificial Intelligence.
🚀 [Quant Developer] Learn C++ | a free website devoted to teaching you how to program in modern C++.
Weekly Quant Puzzles
Question #1 - Discrete Math
How many ways are there to seat four of a group of ten people around a circular table where two seatings are considered the same when everyone has the same immediate left and immediate right neighbor?
Quote of the Week
“He who lives by the crystal ball will eat shattered glass.” - Ray Dalio