OpenQuant Newsletter - Edition #57
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
📰 Former Macquarie Manager Bounces Back with New Fund | Nick Bird’s OQ Funds Management now has $500 million in assets.
📰 Trend Following Quants Roar Back on Wall Street | SocGen’s trend index enjoys its best start to a year since 2008 as equities soar.
Our Top Internships
✨ Xantium - Quantitative Developer Intern | a leading global research and investment group working on unlocking high-quality returns.
✨ Voloridge Capital Management - Research Software Engineer Intern | a quantitative investment management firm built upon a foundation of collaboration.
Our Top Full-Time Positions
✨ Vatic Labs - Execution Quantitative Researcher | a global liquidity provider, where traders, AI researchers, and technologists collaborate to develop trading agents.
✨ Engineers Gate - Software Engineer | a leading quantitative investment company focused on computer-driven trading in global financial markets.
✨ Viking Global Investors - Strategic Trading and Treasury Quant | a global investment firm managing more than $46 billion of capital.
✨ Boerboel - Risk Analyst | a proprietary trading and technology firm active on Global Electronic Exchanges.
Upcoming Events
📆 4/11 - IMC Prosperity Trading Challenge | a global challenge hosted by IMC Trading, inviting students to build strategies to out-trade the competition.
📆 Home Credit Risk Model Challenge | a Kaggle competition to build a model to predict which clients are more likely to default on their loans.
Educational Resources
🚀 [Quant Researcher] Quantitative Portfolio Management | a systematic review of the quantitative trading of equities, or statistical arbitrage.
🚀 [Quant Developer] Linux Kernel Module Programming Guide | an excellent guide for people who want to write Linux kernel modules.
Weekly Quant Puzzles
Question #1 - Discrete Math
There are ten employees who must be assigned to various tasks. Three members will be working as quant researchers, four others will be focusing on quant trading, and the rest will work as quant developers.
Before you make the groups, two employees come forward and admit that they have no skill in research and should not be working on that team.
Given this restriction, how many ways can you organize the teams?
Quote of the Week
“I had to learn to trust people, and I realized that success was going to be born in hiring really bright people - very self-motivated, very able to make good judgment calls day in and day out.” - Ken Griffin