OpenQuant Newsletter - Edition #12
Quant Jobs & Internships, Upcoming Events, Puzzles and More!
Hello, fellow Quants!
Welcome to our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Educational Resources
Quant Puzzle
Our Top Internships
✨ MGIC - Quantitative Risk Intern | a leader in the private mortgage insurance industry helping to provide affordable homeownership.
✨ Citadel - Trading Fundamental Analyst Intern 2024 | an alternative investment manager working on behalf of the world's preeminent institutions.
✨ Square - Machine Learning Engineer Intern | helps millions of sellers run their businesses from secure credit card processing to point-of-sale solutions.
✨ Amazon - 2023 Applied Science Internship | An American multinational technology company focusing on e-commerce, cloud computing, and more.
Our Top Full-Time Positions
✨ Arrowstreet Capital - Quantitative Researcher | a Boston-based investment manager that provides global and international equity investment strategies.
✨ Point72 - Quantitative Analyst | a global asset manager that deploys discretionary long/short equity, systematic, and macro investing strategies.
✨ KeyBank - Derivative Pricing & Valuation Analyst | an American regional bank that offers checking & savings accounts, credit cards, insurance, and loans.
✨ Mesirow - Associate FX Trader | an independent financial services firm based in Chicago, US.
✨ AllianceBernstein - Research Analyst | a global asset management firm providing investment management and research services worldwide.
Upcoming Events
📆 5/16 - NYU Mathematical Finance Seminar | a virtual talk on the use of quantitative techniques to measure and control risk in credit portfolios
📆 5/19 - Applied Finance with R Conference | a conference covering R, portfolio construction, statistics, quant ideas, and more!
📆 5/24 - Global EQD 2023 | a quant conference covering innovations in strategies from volatility to cross-asset portfolio diversification.
Educational Resources
🚀 High-Frequency Crypto Market Making & the Hyperliquid Exchange | an interesting conversation with a former quantitative trader at Hudson River Trading.
🚀 Why do tree-based models still outperform deep learning on typical tabular data? | a research paper benchmarking tree-based models with deep learning methods.
🚀 Empirical Asset Pricing via Machine Learning | A comparative analysis of machine learning methods for asset pricing.
Weekly Quant Puzzles
Question #1 - Brain Teaser
Bob and Jill are playing a competitive game in which they take turns calling out numbers. The first person to call the number 50 wins. The rules of the game are as follows:
The player who starts the game must call out an integer between 1 and 10
Each new number called must be larger than the previous number by at least 1 and by no more than 10.
If Bob & Jill both play optimally, should Bob want to go first to win the game?
Quote of the Week
“The idea that the future is unpredictable is undermined everyday by the ease with which the past is explained” - Daniel Kahneman
Keep up the good work, looking forward for the next edition