OpenQuant Newsletter - Edition #134
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
📰 Bridgewater’s China Surge Draws Billions and Sparks a Waitlist | Bridgewater Associates’ hedge funds have become so popular in China that wealthy investors are pouring billions into the nation’s major private banks just for the right to buy them.
📰 King Street Alum’s $1 Billion Launch to Be One of Year’s Biggest | Former King Street Capital partner Paul Goldschmid is preparing to roll out his new credit-focused firm Harvey Capital Partners in Q4 with more than $1bn under management.
Our Top Internships
✨ Virtu Financial - Quantitative Strategist Intern | a global financial tech firm and market maker that provides liquidity and execution services to clients worldwide.
✨ GSA Capital - Quantitative Researcher Intern | a London-based quantitative trading and investment management firm.
✨ GSA Capital - Software Developer Intern | a London-based quantitative trading and investment management firm.
✨ BHG Financial - Quantitative Analyst Intern | a company that designs innovative financial solutions for professionals, small business owners, and institutions.
Our Top Full-Time Positions
✨ Schonfeld - Senior Software Engineer | a global multi-manager platform investing capital with Internal and Partner portfolio managers.
✨ Black Edge Capital - Graduate Quantitative Researcher | a Chicago-based proprietary trading firm that specializes in options market making.
✨ Wintermute Trading - Investment Associate | a leading algorithmic trading firm, focused on harnessing the chaos of digital assets into liquid and efficient markets.
✨ Bridgewater Associates - Investment Engineer, Trading Analytics | a global investment management firm and one of the world's largest hedge funds.
Upcoming Events
📆 Citadel - Women’s Datathon | work through a large and complex dataset and present your findings to a panel of judges.
📆 Valkyrie Trading: Trading Boot Camp Interest Form | sign up to get the latest updates on Valkyrie Trading’s 2026 Trading Boot Camp.
📆 Jane Street Graduate Research Fellowship | financial support for exceptional students pursuing a PhD in computer science, math, physics, or statistics.
Educational Resources
🚀 [Quant Researcher] DeepMind x UCL - Deep Learning Series | The Deep Learning lecture series is a collaboration between DeepMind and the UCL Centre for AI.
🚀 [Quant Trader] Fooled by Randomness | an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making.
🚀 [Quant Developer] Rust Performance Book | a book with techniques that can improve performance of Rust programs, such as speed, memory usage, and binary size.
Weekly Quant Puzzles
Question #1 - Brainteaser
One hundred tigers and one sheep are put on a magic island that only has grass. Tigers can eat grass, but they would rather eat sheep. Assume:
Each time only one tiger can eat one sheep, and that tiger itself will become a sheep after it eats the sheep.
All tigers are smart and perfectly rational and they want to survive.
Will the sheep be eaten?
Quote of the Week
“Most decisions are not binary, and there are usually better answers waiting to be found if you do the analysis and involve the right people.” - Jamie Dimon