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OpenQuant Newsletter - Edition #35
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.
📰 Man Group Assets Hit Record High | Shortly following the acquisition of Varagon Capital Partners, clients have poured more than $700 million into the firm.
📰 Jump Crypto Faces Tough Year | Jump Crypto, the cryptocurrency trading arm of Jump Trading, has recorded over $200 million in losses this past year.
Our Top Internships
✨ Beacon Platform - Core Developer Summer Internship | a financial technology firm that provides everything quantitative developers need to build strategies.
✨ Cboe - Software Engineer Intern | the world's go-to derivatives and exchange network, delivering cutting-edge trading and investment solutions.
✨ KeyBank - Consumer Analytics Intern | an American regional bank headquartered in Cleveland.
Our Top Full-Time Positions
✨ Wintermute - Graduate DeFi Algorithmic Trader | a leading global algorithmic trading firm in digital assets.
✨ Xantium - Quantitative Researcher | a leading global research and investment group that is a subsidiary of Tudor Investment Corporation.
✨ Xantium - Quantitative Developer | a leading global research and investment group that is a subsidiary of Tudor Investment Corporation.
✨ Capstone Investment Advisors - Quantitative Strategist | a global, alternative investment management firm operating across a range of derivatives-based strategies.
📆 Two Sigma Data Exploration Lecture | a talk by scientists at Two Sigma covering their approach to data exploration and analysis.
📆 11/17-11/18 2023 Conference on Derivatives and Volatility | A Quant conference being held in Chicago discussing research/industry insights into derivatives.
🚀 [Quant Developer] Welcome to Comprehensive Rust | A free Rust course developed by the Android team at Google.
🚀 [Quant Researcher] Harvard Statistical Inference 1 Notes | Notes from the graduate-level statistical inference class at Harvard.
Weekly Quant Puzzles
Question #1 - Probability
You are off venturing into a rainforest where you suddenly come into contact with an isolated civilization. In this civilization, girls are preferred and couples do not stop having children until they have had a girl. Assuming there is an equal likelihood of a couple having a boy and a girl, what will the proportion of women in this society be after many years?
Quote of the Week
“The world tends to view quantitative and fully discretionary investing as distinct and separate, but the opportunity set [to make money] is not as cleanly divided”
- Trader at D.E Shaw