OpenQuant Newsletter - Edition #167
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
📰 Jane Street Set to Double Footprint in London Office Move | Jane Street Group has placed an offer to lease a new London office, a deal that will see the rapidly growing trading firm almost double its footprint in the UK capital.
📰 Steve Cohen Relinquishes President Title at His Point72 Hedge Fund | Point72 founder Steve Cohen is creating an executive committee to help him lead the firm’s strategy, becoming the latest hedge fund billionaire to broaden leadership ranks.
Our Top Internships
✨ Connor, Clark & Lunn Financial Group - Quantitative Equity Research, Intern | a major Canadian independent, employee-owned asset management firm.
✨ Gelber Group - Software Engineering Intern (Backoffice Team) | one of the industry’s innovative and enduring proprietary trading firms for 40+ years.
✨ Gelber Group - Algorithmic Trading Intern | one of the industry’s innovative and enduring proprietary trading firms for 40+ years.
Our Top Full-Time Positions
✨ Connor, Clark & Lunn Financial Group - Quantitative Equity Research, Alpha | a major Canadian independent, employee-owned asset management firm.
✨ Alipes Capital - Energy Analyst | a Copenhagen-based proprietary high-frequency trading (HFT) firm founded in 2008.
✨ Jane Street - Quantitative Trader | a quantitative trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.
✨ Pimco - Investment Analyst, Opportunistic Credit | a leading global investment management firm specializing in active fixed income.
Upcoming Events
📆 IMC Trading 2026 Chess Academy | an online Swiss-format tournament on Chess.com hosted by IMC Trading with championship rounds at the IMC office.
📆 Fundamental Research Fellowship, Canvas | a 6-month intensive fellowship offering hands-on experience in research and the investment process at Point72.
📆 Hull Tactical - Market Prediction | predict the stock market returns as represented by the excess returns of the S&P 500 while also managing volatility constraints.
Educational Resources
🚀 [Quant Trader] Max Dama on Automated Trading | the fundamentals of quant trading—including industry context, strategy development, and programming.
🚀 [Quant Developer] Deep Learning Systems Course | a course that teaches you to build and optimize neural network frameworks from scratch.
🚀 [Quant Researcher] Using group theory to explore the space of positional encodings for attention | a blog post by an ML Researcher at Jane Street.
Weekly Quant Puzzles
Question #1 - Probability
Jim will roll a fair, six-sided die until he gets a 4. What is the expected value of the highest number he rolls through this process?
Quote of the Week
“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” - Albert Einstein