OpenQuant Newsletter - Edition #55
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
📰 Hedge Fund Startups on the Rise | interest in emerging managers ticks up after a two-year drought, giving way to many small hedge fund startups.
📰 Microsoft Launches the Orca-Math AI Model | Microsoft has launched an AI model that excels in mathematical reasoning and quantitative skills.
Our Top Internships
✨ StoneX Group - Analyst Intern | a global financial services firm with an entrepreneurial culture and a passion for providing world-class services to our clients.
✨ Munich Re - Data Analysis and Engineering Intern | one of the world's preeminent insurance and reinsurance brands.
Our Top Full-Time Positions
✨ Virtu Financial - Research Technology Developer | a leading global market maker, generating deep liquidity that helps to create more efficient markets around the world.
✨ DRW - Trade Analyst, Natural Gas | a diversified trading firm innovating across both traditional and cutting-edge markets.
✨ All Options - Junior Quant Trader | a specialized proprietary trading firm founded in 1998 and headquartered in Austin.
✨ State Street - Quantitative Analyst | a firm that provides investment servicing, investment management, investment research, and trading services.
Upcoming Events
📆 Jane Street SEE Program | meet Jane Street employees and learn how math and computer science have a real-world impact on the work at the firm.
📆 Akuna Capital Women in Trading Sneak Peek | an engaging, week-long seminar showcasing derivatives trading in Akuna Capital’s Chicago office.
Educational Resources
🚀 [Quant Trader] How to Read Mathematics | an article on how to effectively read and absorb mathematics literature.
🚀 [Quant Developer] Teach Yourself Computer Science | a set of self-study materials to master computer science and land an engineering job.
🚀 [Quant Researcher] Predictive Human Preference | a blog post on predictive human preference: an evolving field in which ML models choose themselves.
Weekly Quant Puzzles
Question #1 - Statistics
Randomly choose a coordinate (x, y, z) on the unit sphere. What is the variance of the z-coordinate?
Quote of the Week
"A man always has two reasons for doing anything: a good reason and the real reason."
- J.P Morgan