OpenQuant Newsletter - Edition #170
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
📰 Former Citadel Quants Raise $78 Million for AI Fintech Moment | Moment, the fintech company founded by former Citadel traders and researchers, raised $78M after signing partners Edward Jones, LPL Financial Holdings and Hightower Advisors.
📰 Schonfeld-Backed Perbak Closing Hedge Fund After ‘Too-Short’ Run | Perbak Capital, a UK hedge fund backed by Schonfeld, is winding down after determining its assets haven’t grown enough to maintain a “financial buffer” to protect the business.
Our Top Internships
✨ Voloridge Investment Management - Quantitative Developer Intern 2027 | a Jupiter, Florida-based quantitative hedge fund.
✨ Voloridge Investment Management - Quantitative Research Intern 2027 | a Jupiter, Florida-based quantitative hedge fund.
✨ Jane Street - Software Engineer Internship | a quant trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.
Our Top Full-Time Positions
✨ Hudson River Trading - AI Researcher, LLMs | a leading, multinational quantitative trading firm headquartered in New York City.
✨ Arrowstreet Capital - Senior Quantitative Researcher | an investment firm delivering innovative, systematic strategies for institutional investors.
✨ DV Trading - Graduate Trader (DV Commodities) | a prominent, multi-asset proprietary trading firm headquartered in Chicago.
✨ DV Trading - Quantitative Developer (DV Equities) | a prominent, multi-asset proprietary trading firm headquartered in Chicago.
Upcoming Events
📆 Virtu Financial - 2026 Quant Research Networking Event | Come network with Virtu’s researchers and recruiters on June 25th.
📆 Jane Street SEE | a select group of university students will meet Jane Street employees and learn how math and computer science have a real-world impact
Educational Resources
🚀 [Quant Trader] Quant Interview Questions | 100+ curated probability, discrete math, and finance questions sourced from past quant interviews.
🚀 [Quant Researcher] A ML based Pairs Trading Investment Strategy | an investigation of ML techniques to address developing pairs trading strategies.
🚀 [Quant Developer] ML & Data Centers at Jane Street: A Conversation with Dwarkesh | A conversation on GPUs, trading horizons, and hiring.
Weekly Quant Puzzles
Question #1 - Probability
How many permutations of {1,2,…,7} have no adjacent even digits?
Quote of the Week
“Most useful and most dangerous are the stock market averages, most useful in revealing the general trend of the market, most dangerous if they mislead the trader into forgetting that, after all, his profits depend on the movements of the individual stocks in which he deals.” - Philip Carret