OpenQuant Newsletter - Edition #76
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
📰 Ex-Macquarie Quant Hedge Fund Boss to Launch New Japan Strategy | Nick Bird, the head of Hong Kong-based OQ Funds Management, is looking to capitalize on renewed interest in Japan with the launch of a new strategy.
📰 Schonfeld-Backed Hedge Fund Founder Moving to New Hub in Dubai | Aster Capital Management founder Nabil Ouajjane is opening a new office in Dubai, joining a rush of portfolio managers decamping to the emerging hub.
Our Top Internships
✨ Virtu Financial - Quantitative Developer Intern | a leading financial firm that leverages cutting-edge technology to deliver liquidity to the global markets.
✨ Virtu Financial - Quantitative Strategist Intern | a leading financial firm that leverages cutting-edge technology to deliver liquidity to the global markets
✨ Virtu Financial - Quantitative Trader Intern | a leading financial firm that leverages cutting-edge technology to deliver liquidity to the global markets
✨ Point72 - Quantitative Researcher Intern | a global asset management firm led by Steven A. Cohen that invests in multiple asset classes and strategies worldwide.
Our Top Full-Time Positions
✨ Mid-TM - Quantitative Developer | a firm that focuses on automated futures trading, global macro trading, and long-term investing in publicly traded stocks.
✨ UBS - Quantitative Trader | a multinational investment bank and financial services company founded and based in Switzerland.
✨ Point72 - Quantitative Developer | a global asset management firm led by Steven A. Cohen that invests in multiple asset classes and strategies worldwide.
✨ Virtu Financial - Quantitative Strategist | a leading financial firm that leverages cutting-edge technology to deliver liquidity to the global markets
Upcoming Events
📆 10/3 - Jane Street SEE | meet Jane Street employees and learn how math and computer science have a real-world impact on the work they do.
Educational Resources
🚀 [Quantitative Researcher] ARC Prize 2024 | a Kaggle competition with a $1M+ prize to develop AI systems to learn new skills and solve open-ended problems.
🚀 [Quantitative Developer] Building a Generative AI Platform | the common components of a generative AI platform, what they do, and how they are implemented.
🚀 [Quantitative Researcher] CS182 at UC Berkeley | a course on designing, visualizing, and understanding Deep Neural Networks from first principles.
Weekly Quant Puzzles
Question #1 - Probability
Two teams, 𝐴 and B, played soccer twice in two independent matches. The average accuracy of shots taken by Team 𝐴 in match 1 was greater than that of Team B in match 1.
The average accuracy of Team 𝐴 in match 2 was also greater than that of Team B in match 2.
Based on this data, can we conclude that the average accuracy of Team A is greater than that of Team B in the two matches together? If yes, explain why. If the answer is no, provide a counter-example.
Quote of the Week
“The shortest path between two truths in the real domain passes through the complex domain." — Jacques Hadamard