OpenQuant Newsletter - Edition #155
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
📰 Tekmerion Spins Out of Brevan Howard With $1 Billion Fund | Tekmerion Capital Management is spinning out its macro hedge fund from Brevan Howard Asset Management with commitments of more than $1 billion from other investors.
📰 Tiger Global Opening San Francisco Post in Transamerica Pyramid | Tiger Global Management is opening a San Francisco office in the iconic Transamerica Pyramid tower, a sign of Wall Street’s renewed interest in the tech hub.
Our Top Internships
✨ RBC - 2026 Global Markets Summer Associate, Equity Research | one of Canada’s largest banks and one of the largest banks in the world, based on market cap.
✨ Stevens Capital Management - Quantitative Research Analyst Internship | a quantitative hedge fund manager specializing in the rigorous development and disciplined implementation of empirically based trading strategies.
✨ Acadian Asset Management - Quant Research Intern - Summer 2026 | a venture capital and private equity firm specializing in the natural wellness industry.
Our Top Full-Time Positions
✨ Geneva Trading - Junior Discretionary Trader | a global trading company with best-in class technology, high-fidelity data, and a proven track record of incubating talent.
✨ Optiver - Machine Learning Research Engineer | a leading global proprietary trading firm and electronic market maker founded in 1986.
✨ Chicago Trading Company - Quantitative Researcher, Systematic | a premier proprietary trading firm founded in 1995, specializing in market making.
✨ All Options - Quantitative Trader | a team of proprietary traders and market makers since 1998.
Upcoming Events
📆 Citadel Associate Program (Equities Only) | a one-day experience in New York City designed to introduce you to an investing career in our Equities business.
📆 Jane Street Immersion Program | a multi-week summer program that takes place in New York City for undergraduate students in their first or second year.
📆 UChicago: Two Sigma’s Quant Research Meet & Greet Undergrad Students Spring 2026 | meet members of the Two Sigma Quant Research team.
Educational Resources
🚀 [Quant Trader] Efficiently Inefficient | a book that shares the key trading strategies used by hedge funds and demystifies the secret world of active investing.
🚀 [Quant Researcher] Time Series Forecasting Crash-Course | a guide on how to apply machine learning to real-world forecasting tasks.
🚀 [Quant Developer] Triton | an open-source Python-like programming language enabling researchers with no CUDA experience to write highly efficient GPU code.
Weekly Quant Puzzles
Question #1 - Brainteaser
Your grill can hold a maximum of 3 pieces of Filet Mignon at a time. It takes one minute to cook one side of the steak and both sides must be cooked in order for it to be considered ready to eat. How many minutes will it take you to cook 4 pieces of Filet Mignon?
Quote of the Week
“Market-cap based indexing will never be driven from its deserved perch as core and deserved king of the investment world. It is what we should all own in theory and it has delivered low-cost equity returns to a great mass of investors... the now and forever king-of-the-hill.” - Cliff Asness