OpenQuant Newsletter - Edition #43
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.
News Headlines
📰 Bobby Jain Continues to Expand New Investment Firm | Bobby Jain, founder of Jain Global, has hired several senior managers over the past few months from firms like Citadel and BofA, to expand his firm.
📰 Andurand Capital Management Set for Worst Loss | the discretionary enhanced fund is set for record losses due to poorly placed bets in the commodity markets.
Our Top Internships
✨ Schonfeld - Infrastructure Engineering Internship | an industry-leading systematic trading platform.
✨ J.P Morgan Chase - Quant AI Internship | an American multinational financial services firm headquartered in New York City.
✨ Invesco - Quantitative Researcher Intern | one of the world’s leading asset managers dedicated to helping investors worldwide achieve their financial objectives.
Our Top Full-Time Positions
✨ Capstone Investment Advisors - Investment Team Analyst | an American investment management firm headquartered in New York City.
✨ Voleon Group - Member of Trading Staff | a family of companies committed to developing cutting-edge technologies in investment management.
✨ Royal Bank of Canada - Associate, Equity and Derivatives Trade Desk Support | a Canadian multinational financial services company.
✨ Man Group - Quant Trader, Equities | an active investment management business on the London Stock Exchange.
Upcoming Events
📆 2/24-2/25 2024 Berkeley Trading Competition | an invitational trading competition for undergraduate and graduate students from any school.
Educational Resources
🚀 [Quant Researcher] Introduction to Quantitative Finance | an open-source, introductory course covering many foundational topics in quantitative finance.
🚀 [Quant Trader] Going Infinite: The Rise and Fall of a New Tycoon | A deep-dive into the world of high-frequency trading & cryptocurrencies from the lens of SBF.
🚀 [Quant Researcher] text2quant | a podcast with the founder of SigTech, a financial technology platform providing researchers with a state-of-the-art analysis engine.
Weekly Quant Puzzles
Question #1 - Discrete Math
How many ways are there to seat four of a group of ten people around a circular table where two seatings are considered the same when everyone has the same immediate left and immediate right neighbor?\
Quote of the Week
“Maybe the best definition of “investing” is “gambling with the odds in your favor.” - Michael Lewis