OpenQuant Newsletter - Edition #135
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
📰 Wharton Gets Record $60 Million Gift to Launch Quant Degree | co-founder of Jacobs Levy Equity Management, is giving $60 million to the UPenn’s Wharton School to start a master’s program in quantitative finance.
📰 Griffin and Bezos Fund Personalized Math in Miami Public Schools | Billionaire Ken Griffin is bringing personalized math instruction to Miami-Dade County public schools as the recent transplant looks to bolster education outcomes in the region.
Our Top Internships
✨ GTS - Quantitative Trading Internship | a proprietary trading and market-making firm that uses tech to provide liquidity across financial markets.
✨ Arcadian Asset Management - Quantitative Developer Intern | a global quantitative investment firm founded in 1986 and headquartered in Boston.
✨ Arcadian Asset Management - Quantitative Research Intern | a global quantitative investment firm founded in 1986 and headquartered in Boston.
✨ Virtu Financial - Quantitative Strategist Intern | a global financial technology firm and market maker that uses technology to provide liquidity to global markets.
Our Top Full-Time Positions
✨ GTS - Short-Term Alpha Models Quantitative Researcher | a proprietary trading and market-making firm that uses tech to provide liquidity across financial markets.
✨ Old Mission Capital - Fundamental Research Analyst | a privately held, global quantitative trading firm and market maker.
✨ Old Mission Capital - Floor Trader (CBOE) | a privately held, global quantitative trading firm and market maker.
✨ Tower Research Capital - Analyst | a global proprietary trading firm specializing in high-frequency and quantitative trading strategies.
Upcoming Events
📆 MITSUI&CO. Commodity Prediction Challenge | develop a model capable of predicting future commodity returns using historical data.
📆 CME Group Trading Challenge | test-drive trading strategies with our range of futures products, including standard- and micro-sized contracts.
Educational Resources
🚀 [Quant Researcher] The Elements of Statistical Learning | a textbook that explains statistical concepts and ML algorithms for data mining, inference, and prediction.
🚀 [Quant Developer] Practical Deep Learning for Coders | a free course designed for people with coding experience, who want to apply deep learning to practical problems.
🚀 [Quant Trader] Cut The Knot | a crash course on the intuition behind many of the core concepts in probability theory.
Weekly Quant Puzzles
Question #1 - Probability
On average, how many times do you need to roll a standard fair 6-sided die to see all of the sides at least once?
Quote of the Week
“What will limit us is not the possible evolution of technology, but the evolution of human purposes” - Stephen Wolfram