OpenQuant Newsletter - Edition #49
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
📰 BlackRock’s Bitcoin ETF First to Reach $2B in AUM | the firm now holds nearly 50,000 bitcoin after adding over 4,000 tokens this past week.
📰 Citadel Looks to Hire Gaming Engineers | with recent layoffs at Riot Games, the Head of Technology at Citadel has asked those who were impacted to apply to Citadel.
Our Top Internships
✨ B2C2 - Trading Internship (Funding) | a digital asset pioneer building proprietary crypto-native trading technology.
✨ B2C2 - Trading and Quant Development Internship | a digital asset pioneer building proprietary crypto-native trading technology.
✨ Exodus Point - Data Science Intern | a firm that employs a global multi-strategy investment approach, seeking to deliver compelling asymmetric returns.
✨ Global Atlantic Financial Group - Actuarial Intern | a leading U.S. retirement and life insurance company, with a broad range of competitive and innovative products.
Our Top Full-Time Positions
✨ Belvedere Trading - Quantitative Researcher | a leading proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.
✨ DRW - Research Developer | a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together.
✨ Arcadian Asset Management - Trader, Multi-Asset | a Boston-headquartered investment management firm.
✨ Tower Research Capital - Software Engineer | a high-frequency proprietary trading firm founded in 1998.
Upcoming Events
📆 2/2-2/3 Jane Street’s Philadelphia Mystery Planet | an interactive experience that combines logic, teamwork, a sense of adventure, and of course, puzzles!
📆 2/7 Two Sigma Quant Research Coffee Chat at Stanford | a Q&A session with quantitative researchers at Two Sigma.
Educational Resources
🚀 [Quant Trader] How to land a Quant Trader Role at Akuna Capital | a Q&A with a junior quantitative trader at Akuna Capital.
🚀 [Quant Developer] Writing an OS in Rust | a series of blog posts on creating a small operating system in the Rust programming language.
🚀 [Quant Researcher] Deep Reinforcement Learning Course | an open-source course by UC Berkeley covering the foundations of Deep RL.
Weekly Quant Puzzles
Question #1 - Brainteaser
You are given a 3×3 grid upon which the numbers 1 through 9 are placed. Each number can only be used once and each grid cell only has one number. How many ways can you place the numbers so that the sum of every row and column is even?
Quote of the Week
“What Wall Street is, they're market makers. Wall Street's business model is making money on the velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast.” - Larry Fink