OpenQuant Newsletter - Edition #83
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
📰 Steve Cohen Stops Trading for Point72, Marking End of an Era | while the hedge fund founder remains Point72 Asset Management’s CIO, he’s no longer investing clients’ capital. Instead he’s focused on driving the firm’s growth.
📰 Hedge fund Two Sigma in talks to pay feds whopping $100M fine | the firm is likely to have to pay as much as $100 million to resolve a Securities and Exchange Commission probe into a trading scandal at the firm.
Our Top Internships
✨ Pimco - Quant Research Analyst Intern | an investment management firm focusing on active fixed income management worldwide.
✨ StoneX - Quantitative Developer Intern | a leading global financial services network, delivering unmatched market access, liquidity, support and execution.
Our Top Full-Time Positions
✨ Point72 - Quantitative Developer | a global asset manager that deploys discretionary long/short equity, systematic, and macro investing strategies.
✨ Hudson River Trading - Algo Developer | a multi-asset class quantitative trading firm that provides liquidity on global markets and directly to our clients.
✨ Mizuho - Data Analyst / Financial Engineer | a leading global bank with a global network of financial and business centers.
✨ Optiver - Graduate, Quantitative Researcher | a proprietary trading firm and market maker for various exchange-listed financial instruments.
Upcoming Events
📆 MathWorks Finance Conference 2024 | learn more about the latest trends in areas like asset management, AI and quantum, central banking, and climate finance.
📆 Jane Street Game Night at Berkely | join Jane Streeters in playing some of their favorite games and puzzles.
📆 Five Rings Quant Developer Winternship | gain mentorship by experienced Software Developers and be immersed in enhancements to the firm’s trading system.
Educational Resources
🚀 [Quant Researcher] The Elements of Statistical Learning | an overview of the fundamental concepts in data mining, inference, and prediction.
🚀 [Quant Developer] The engineering challenges of scaling interpretability | a discussion on technical engineering bottlenecks hindering AI interpretability.
🚀 [Quant Developer] CS349d Cloud Computing Technology | an overview of industry and academic work on cloud computing and a survey of key technical issues.
Weekly Quant Puzzles
Question #1 - Brainteaser
You are given a 3x3 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
“The market is always right, but sometimes it takes a while to figure out what it's saying.” - Scott Patterson, The Quants