OpenQuant Newsletter - Edition #24
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
✨ IMC Trading - Quant Research Intern | one of the world's most active proprietary trading firms and a key market maker in exchanges worldwide.
✨ IMC Trading - Quant Trader Intern | one of the world's most active proprietary trading firms and a key market maker in exchanges worldwide.
✨ Radix Trading - Quantitative Research Intern | a research firm, powered by technology and monetized through trading.
✨ Radix Trading - C++ Quantitative Technologist Intern | a research firm, powered by technology and monetized through trading.
✨ Virtu Financial - Quantitative Strategist Intern | a leading global market maker, generating deep liquidity that helps create more efficient markets worldwide.
Our Top Full-Time Positions
✨ Peak6 - Trading Associate | a firm that offers trading and investment solutions, as well as focuses on investing in financial derivatives such as debts and equity.
✨ IMC Trading - Graduate Quant Trader | one of the world's most active proprietary trading firms and a key market maker in exchanges worldwide.
✨ Man Group - Quantitative Researcher, Portfolio Engineering | an active investment management business listed on the London Stock Exchange.
✨ Wellington Management - Equity Research Analyst | one of the world's leading independent asset managers.
✨ Two Sigma - Quantitative Researcher, Machine Learning | a hedge fund that uses a variety of technological methods, including AI/ML and distributed computing.
Upcoming Events
📆 Peak6 One-Week Trading Bootcamp | a highly engaging one-week program that will introduce you to financial markets and equity options trading.
📆 8/21 - Optiver Roadshow NUS | meet the Optiver team at the National University of Singapore and immerse yourself in the exciting world of trading and tech.
📆 8/29 - Flow Traders Recruiting Tips Webinar | gain valuable insights into the world of trading with a Trader and Recruiter!
Educational Resources
🚀 Deep Learning Statistical Arbitrage | A research paper by Stanford on the use of deep learning statistical arbitrage methods in the financial markets.
🚀 Quant Math and Brain Games | A series of math and brain games to prepare for your upcoming quantitative finance interviews.
🚀 How to Develop a Quant Strategy | An overview of some of the best steps to follow when developing a successful quant strategy.
Weekly Quant Puzzles
Question #1 - Probability
Two players take turns rolling two six-sided dice. Player A goes first, followed by player B. If player A rolls a sum of 6, they win. If player B rolls a sum of 7, they win. If neither rolls their desired value, the game continues until someone wins. What is the probability that player A wins?
Quote of the Week
“In investing, what is comfortable is rarely profitable” - Robert Arnott