OpenQuant Newsletter - Edition #29
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
✨ Voleon Group - Trading Intern | a firm committed to the development and deployment of cutting-edge technologies in investment management.
✨ HAP Capital - Quantitative Research Intern | a firm that uses proprietary applications to make pricing decisions in a consistent and disciplined manner.
✨ BlackEdge Capital - Quantitative Developer Intern | a proprietary trading firm specializing in options market making.
✨ BlackEdge Capital - Quantitative Trader Intern | a proprietary trading firm specializing in options market making.
✨Geneva Trading - Quantitative Trader Intern | a leading proprietary trading firm with a history of consistent success in the listed derivatives markets
Our Top Full-Time Positions
✨ Susquehanna International Group - Graduate Quantitative Researcher | a global quantitative trading firm built on a rigorous, analytical foundation in markets.
✨ Millennium Management - Quantitative Risk Analyst | a global investment management firm, built on a sophisticated operating system at scale.
✨ Citadel Securities - Software Engineer | next-generation capital markets firm, delivering critical liquidity to key financial institutions.
✨ Wolverine Trading - Entry-Level Trader | a proprietary trading group engaged in market making and valuation arbitrage across global markets.
✨ Schonfeld - Quantitative Researcher | a firm that offers an industry-leading systematic trading platform.
Upcoming Events
📆 8/24 - Quant Strats UK 2023 | Quant Strats brings together quantitative investment experts from the buy side and sell side, to discuss and share their knowledge on how to apply model-based quant strategies, leverage technology, and utilize risk management to ensure maximum return on your investments.
Educational Resources
🚀 Max Dama on Automated Trading | an outline of the history, strategies, concepts, and techniques that underpin the world of quantitative finance.
🚀 Mathematics for Machine Learning | a book that covers the mathematical foundations behind linear regression and other machine learning methods.
🚀 Nassim Nicholas Taleb & Scott Patterson — How Traders Make Billions in The New Age of Crisis | a wide-ranging discussion on tail risk, uncertainty, and trading.
Weekly Quant Puzzles
Question #1 - Brainteaser
You are the portfolio manager of a fund worth $75 million. Your fund has 5 possible asset classes that it can invest in:
Equity Options
Commodity Futures
Fixed Income
Event Contracts
Cryptocurrencies
How many ways can you invest all $75 million such that each asset class has a minimum of $5M?
Quote of the Week
“If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing.” - Nassim Nicholas Taleb