OpenQuant Newsletter - Edition #20
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
✨ Tower-Research Capital - Quantitative Trader Intern | a high-frequency trading, algorithmic trading, and financial services fund.
✨ Citadel Securities - Quantitative Researcher Intern (Ph.D.) | an alternative investment manager working on behalf of the world's preeminent institutions.
✨ Two Sigma - Quantitative Researcher Intern | a data-driven hedge fund that uses AI and distributed computing, for its trading strategies.
✨ Citadel - Quantitative Research Analyst Intern | an alternative investment manager working on behalf of the world's preeminent institutions.
✨ AlphaGrep Securities - Quantitative Developer Intern | a quantitative trading and investment firm, developing algorithmic trading strategies.
Our Top Full-Time Positions
✨ Belevedere Trading - Options Trader | a leading proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.
✨ Pimco - Quantitative Research Analyst | an American investment management firm focusing on active fixed-income management.
✨ Voleon Group - Software Engineer | a firm committed to the development and deployment of cutting-edge technologies in investment management.
✨ Frost Bank - Model Validation Analyst | a bank that provides banking, investments, and insurance services to businesses and individuals throughout Texas.
✨ RBC Capital Markets - Quantitative Analyst | a global investment bank providing services in banking, finance, and capital markets.
Upcoming Events
📆 7/21 - Jane Street Puzzle City in San Francisco | a fun, weekend event hosted by Jane Street that combines problem-solving, teamwork, and puzzles
Educational Resources
🚀 A Detailed Dive into Low Volatility Investing | a conversation with Pim van Vliet, Head of Conservative Equities at Robeco on low volatility investment strategies.
🚀 Pandas Cookbook | an interactive guide for learning the Python Pandas library for data analysis and quantitative research;
🚀 Reminiscences of a Stock Operator | the most widely read, highly recommended investment book ever.
Weekly Quant Puzzles
Question #1 - Probability
When playing a game, a player rolls two dice and observes the face values. The player then rolls the same two dice again. What is the probability that the values obtained on the second throw are the same as the ones obtained on the first throw?
Quote of the Week
“Forcing ourselves to express how sure we are of our beliefs brings to plain sight the probabilistic nature of those beliefs, that what we believe is almost never 100% or 0% accurate but, rather, somewhere in between.”
- Annie Duke, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Great read as always!