OpenQuant Newsletter - Edition #6
Quant Jobs & Internships, Upcoming Events, Puzzles and More!
Hello, fellow Quants!
Welcome to our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Educational Resources
Quant Puzzle
Our Top Internships
✨ Millennium Management - Research Analyst Intern | a global investment management firm, built on a sophisticated operating system at scale.
✨ MFS Investment Management - Quant Research Associate Intern | an American-based global investment manager.
✨ Federal Home Loan Bank of Indianapolis - Model Risk Intern | a government-sponsored bank that provides liquidity to the members of financial institutions.
✨ Hitachi Energy - Data Analytics Research Intern | a global technology leader that is advancing a sustainable energy future for all.
✨ Microsoft - Graph Machine Learning Research Intern | an American multinational technology corporation.
Our Top Full-Time Positions
✨ Voloridge Investment Management - Quant Trader | a quantitative investment management firm built upon a foundation of collaboration.
✨ Valkyrie Trading - Quantitative Researcher | a trading firm that aims to provide liquidity to various disjoint, competitive financial markets.
✨ NextEra Energy - Associate Trading Risk Analyst | America's premier clean energy leader and the world's largest producer of wind and solar energy.
✨ Hudson River Trading - Algo Software Engineer | a math and technology company focused on solving difficult trading problems.
✨ Vanguard - Quantitative Model Developer | an American registered investment advisor and asset management firm.
Upcoming Events
📆 4/4 NYU Mathematical Finance & Financial Data Science Seminar | a virtual lecture covering zk-SNARK proofs of solvency
📆 4/14-4/15 Citadel Datathon | a student competition in which you’ll solve complex problems using math, data science, and technology.
Educational Resources
🚀 Quant Illinois - Order Types, Order Book Building, and Exchange Stack | Quant Illinois has put together an excellent resource on the fundamentals of market exchanges and order-making.
🚀 BloombergGPT: A Large Language Model for Finance | a 50 billion parameter language model that is trained on a wide range of financial data.
🚀 Start building your own Trading Web App in 30 minutes | interesting article on how to spin up a trading web app quickly.
🚀 Diversifying Your VaR Toolkit: An Overview of the Different Types of VaR | great article on the different types of Value-at-risk.
Weekly Quant Puzzles
Question #1 - Sequences
Identify which number comes next to complete the sequence.
99, 18, 36, 9, 18, _
3, 8, 23, 68, 203 _
Question #2 - Statistics
A fair coin is tossed repeatedly until three consecutive tosses are heads. What is the expected number of coin tosses?
Quote of the Week
“We’re right 50.75 percent of the time . . . but we’re 100 percent right 50.75 percent of the time,” Mercer told a friend. “You can make billions that way.”
– The Man Who Solved the Market