OpenQuant Newsletter - Edition #44
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
📰 Goldman Sachs looks to Ramp Up Credit Business in India | the firm is actively offering more credit in India as it shifts its focus away from China.
📰 NeurIPS Garners the Attention of Top Quant Firms | many leading quant firms, such as Jane Street, attended NeurIPS this past week to present research and recruit.
Our Top Internships
✨ Capstone Investment Advisors - Investment Intern | a global investment management firm operating across a broad range of derivatives-based strategies.
✨ ExodusPoint - Trade Capture Intern | a firm that employs a global multi-strategy investment approach, seeking to deliver compelling asymmetric returns.
✨ Royal Bank of Canada - Summer Financial Analyst | a Canadian multinational financial services company and the largest bank in Canada by market capitalization.
Our Top Full-Time Positions
✨ Engineers Gate - Junior Quantitative Equities Portfolio Manager | a quantitative investment company focused on computer-driven trading in global financial markets.
✨ Pimco - Portfolio Manager | an investment management firm providing solutions for institutions, financial professionals, and millions of individuals worldwide.
✨ Massar Capital Management - Quant Researcher | a firm that employs a discretionary global macro trading strategy to capture investment opportunities.
✨ Old Mission Capital - Senior Front End Engineer | a global, multi-asset market maker, specializing in dynamically valuing individual securities and derivatives.
Upcoming Events
📆 3/4 - 3/11 Citadel Correlation One Datathon | participants split into teams to work through a large and complex dataset, then present their findings to a panel of judges.
Educational Resources
🚀 [Quant Researcher] Option Volatility & Pricing: Advanced Trading Strategies | learn basic and advanced trading strategies, along with risk management techniques.
🚀 [Quant Trader] How today’s stock markets work | a blog post that covers the essence of how markets function today.
🚀 [Quant Developer] Harvard Systems Reading Group | a self-guided crash course on computing systems - the building blocks of applications.
Weekly Quant Puzzles
Question #1 - Statistics
Suppose you roll three fair 100-sided die. What is the expected value of the lowest roll?
Quote of the Week
“If you don’t stay with your winners, you are not going to be able to pay for the losers” - Jack D. Schwager