OpenQuant Newsletter - Edition #19
Quant Jobs & Internships, Upcoming Events, Puzzles and More!
Hello, fellow Quants!
Welcome to our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Educational Resources
Quant Puzzle
Our Top Internships
✨ Akuna Capital - Quantitative Developer Intern | an innovative trading firm with a strong focus on collaboration, cutting-edge technology, and data-driven solutions.
✨ Optiver - High-Frequency Trading Research Intern | a proprietary trading firm and market maker for various exchange-listed financial instruments.
✨ Optiver - Quantitative Trader Intern | a proprietary trading firm and market maker for various exchange-listed financial instruments.
✨ Millennium Management - Quantitative Researcher Intern | a global investment management firm, built on a sophisticated operating system at scale.
Our Top Full-Time Positions
✨ Aquatic Capital Management - Quantitative Researcher: Early Career | a firm that deploys systematic investment strategies backed by high-performance research.
✨ Valkyrie Trading - Junior Derivatives Trader | a Chicago-based company that aims to provide liquidity to various disjoint, competitive financial markets.
✨ Voloridge Investment Management - Quantitative Trader | a quantitative investment management firm built upon a foundation of collaboration.
✨ Susquehanna International Group - Quantitative Strategist | a global quantitative trading firm built on a rigorous, analytical foundation in financial markets.
✨ BlueCrest Capital Management - Energy Quantitative Analyst | a quantitative investment firm focused on fixed-income macro trading.
Upcoming Events
📆 7/17 - Flow Traders E-House Trading Day (Amsterdam) | an event composed of a lecture on ETF trading, a team-based trading game, and a Q&A session.
📆 7/25 - 7/29 - JuliaCon 2023 | an event hosted at MIT, filled with talks and hackathons for the Julia scientific programming language.
Educational Resources
🚀 Akuna Academy - Options 101 Course | a course that covers the intricacies of options theory. Those that perform well can apply for internships at Akuna Capital.
🚀 Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S Stock Market | An book providing an overview of the rise of AI and HFT systems.
🚀 Interpretable Machine Learning Book | a book focused on model-agnostic methods for interpreting black box models.
Weekly Quant Puzzles
Question #1 - Statistics
A standard card deck (52 cards) is passed out to 4 individuals so that each individual receives 13 cards. What is the probability that each individual will receive an Ace?
Quote of the Week
“Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance”
- Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and the Markets