OpenQuant Newsletter - Edition #168
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
📰 Sydney Hedge Fund Regal Sees Inflows Jump for Inflation Hedges | Sydney-based fund manager Regal Partners is on track to hit $1.4B in net inflow this year, as conflict in the Middle East spurs demand for strategies offering a hedge against inflation.
📰 Citi Targets $700B of Prime Balances in Hedge Fund Push | Citigroup is aiming to boost its prime brokerage balances to more than $700B by 2028 — more than triple the amount it had in 2022 — as the bank deepens ties with hedge fund clients.
Our Top Internships
✨ Stevens Capital Management - Quantitative Research Analyst Internship | a Pennsylvania-based quantitative hedge fund manager established in 2002.
✨ Gelber Group - Trading Internship, Boston Summer 2026 | a proprietary trading firm that uses technology-driven strategies to trade across global markets.
✨ Wintermute - DeFi Algorithmic Trading Internship | a leading global algorithmic trading firm and crypto-native market maker founded in 2017.
✨ Citadel - Quantitative Research Analyst Intern | a multi-strategy alternative investment manager, pursuing superior long-term returns for our investors.
Our Top Full-Time Positions
✨ Geneva Trading - Senior AI Engineer | a leading proprietary trading firm founded in 1999, specializing in listed derivatives, commodities, and fixed-income markets.
✨ Hillsdale Investment Management - US Portfolio Manager | an independent, employee-controlled, and client-aligned investment boutique founded in 1996.
✨ IMC Trading - Quantitative Researcher | a leading global market maker and proprietary trading firm specializing in algorithmic trading.
✨ IMC Trading - Senior Equity Options Volatility Trader | a leading global market maker and proprietary trading firm specializing in algorithmic trading.
Upcoming Events
📆 Jane Street SEE - a several day program offering classes and activities in two separate tracks: trading and research, and software engineering..
📆 Man Group Unconventional Investing Conference | a discussion featuring interactive sessions and thought-provoking presentations from Man Group’s leaders.
Educational Resources
🚀 [Quant Researcher] Mathematics for Machine Learning | a collection of resources to learn mathematics for machine learning.
🚀 [Quant Developer] Jane Street OCaml Workshop | Exercises and projects for Jane Street’s OCaml Workshop to help you get started developing in OCaml.
🚀 [Quant Trader] How The Economic Machine Works by Ray Dalio | a video that breaks down fundamental economic concepts like credit, deficits and interest rates.
Weekly Quant Puzzles
Question #1 - Probability
You place three dots along the edges of an octagon at random. What is the probability that all three dots lie on distinct edges of the octagon?
Quote of the Week
“Truth - more precisely, an accurate understanding of reality - is the essential foundation for producing good outcomes.” - Ray Dalio