OpenQuant Newsletter - Edition #158
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
📰 Hedge Fund One River Acquires Quant Arm of LGT Capital Partners | One River Asset Management is buying the quantitative investment unit of LGT Capital Partners, a deal that will boost the hedge fund’s assets to about $3 billion.
📰 Lazard Veteran to Launch Hedge Fund for EM Bets at Bramshill | Arif Joshi, the former co-head of emerging-market debt at Lazard, is joining Bramshill Investments to help launch a hedge fund focused on opportunities across the developing world.
Our Top Internships
✨ DV Trading - Futures & Options Trading Analyst Intern | a proprietary trading firm with a significant presence on derivatives and securities exchanges worldwide.
✨ BHG Financial - Data Scientist Intern Summer 2025 | a prominent fintech company founded in 2001 that specializes in providing loans to professionals.
✨ Gelber Group - Algorithmic Trading Internship - Boston Summer 2026 | a Chicago-based, privately funded proprietary trading firm founded in 1982.
Our Top Full-Time Positions
✨ Tower Research Capital - Quantitative Researcher | a premier New York-based quantitative trading firm founded in 1998 by Mark Gorton.
✨ Tower Research Capital - Quantitative Trader | a premier New York-based quantitative trading firm founded in 1998 by Mark Gorton.
✨ Chicago Trading Company - Options Floor Trader | a leading technology-driven trading firm founded in 1995 that specializes in market-making for derivatives.
✨ Hudson River Trading - Risk Engineer | a prominent New York-based quantitative proprietary trading firm founded in 2002.
Upcoming Events
📆 Valkyrie Trading - May 2026 Trading Boot Camp | participate in mock trading sessions to understand what a day in the life of a trader is like at Valkyrie.
📆 Schonfeld - 2027 Summer Internships-Express Your Interest | express your interest in a 2027 quant internship at Schonfeld.
Educational Resources
🚀 [Quant Trader] Richard Craib - Crowd-Sourced Alpha with Numerai | the intricacies of NumerAI, its operational model and the role of the Numeraire token.
🚀 [Quant Researcher] Can you reverse engineer our neural network? | a blog post on reverse engineering a neural network Jane Street puzzle.
🚀 [Quant Developer] Teach Yourself Computer Science | the complete guide to becoming a self-taught programmer.
Weekly Quant Puzzles
Question #1 - Brainteaser
Let 1,2,…,7 be the days of the week (Sunday, Monday, ..., Saturday). What day of the week will it be 100 days after Monday (as an integer)?
Quote of the Week
“Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers. Great questions are a much better indicator of future success than great answers.” - Ray Dalio