OpenQuant Newsletter - Edition #130
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
📰 Fidelity Investments’ Assets Jump Nearly 9% to Hit $6.4 Trillion | Fidelity Investments, the world’s third-largest investment manager, posted an 8.5% gain in assets in its funds over the previous quarter.
📰 Hedge Fund Carrhae Plans $700 Million Strategy That Shuns China | Carrhae Capital is preparing to carve out a long-only money pool that eliminates all exposure to China, driven by demand from some US investors.
Our Top Internships
✨ Flow Traders - Trading Intern 2026 | a global liquidity provider and market maker, specializing in Exchange Traded Products.
✨ Black Edge Capital - Quantitative Developer Intern | a proprietary trading firm specializing in options market making.
✨ Balyasny Asset Management - Quantitative Analyst Intern | a global, multi-strategy investment firm founded in 2001.
Our Top Full-Time Positions
✨ Jane Street - Quantitative Researcher | a quantitative trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.
✨ Jane Street - Quantitative Trader | a quantitative trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.
✨ Graham Capital Management - Quantitative Research Analyst | a global leader in alternative investment strategies, blending quantitative and discretionary approaches.
✨ Bridgewater Associates - Portfolio Associate | a global leader in institutional investment management, known for its macroeconomic research-driven approach.
Upcoming Events
📆 Jane Street - Graduate Research Fellowship | financial support for exceptional doctoral students currently pursuing a PhD in electrical engineering and computer science, mathematics, physics, or statistics.
Educational Resources
🚀 [Quant Trader] Quantitative Portfolio Management | discover foundational and advanced techniques in quantitative equity trading from a veteran insider.
🚀 [Quant Researcher] NVIDIA Accelerated Quantitative Finance | Quantitative finance example applications on GPUs using portable programming models.
🚀 [Quant Developer] Distributed Systems Reading List | an assortment of readings and papers on distributed computing topics.
Weekly Quant Puzzles
Question #1 - Brainteaser
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
"If people do not believe that mathematics is simple, it is only because they do not realize how complicated life is." --- John von Neumann.