OpenQuant Newsletter - Edition #93
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
📰 Quant Olympics Seeks to Find Next Generation of Finance Stars | A global competition hosted by WorldQuant (International Quant Championship) seeks to find the next generation of finance geniuses - and tests out a new way to beat the markets.
📰 Citadel Loses Bid to Pause Fees for SEC Market Surveillance Tool | The US SEC can proceed with funding a new tool for surveilling trades in equity markets while a federal appeals court reviews a bid from Wall Street giants to cancel the tool.
Our Top Internships
✨ Schonfeld - 2025 Software Engineering Summer Intern | a global multi-manager platform investing capital with Internal and Partner portfolio managers.
✨ Schonfeld - Capital Development Engineering Intern | a global multi-manager platform investing capital with Internal and Partner portfolio managers.
✨ HPS - Intern (Risk & Quant Strats) | a leading global investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns.
Our Top Full-Time Positions
✨ Radix Trading - Network Engineer | a research firm, powered by technology and monetized through trading.
✨ Belvedere Trading - Equities Index Options Trader | a leading proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.
✨ Russell Investments - Associate Trader, Derivatives Trading | a global investment management partner, dedicated to improving people's financial security.
✨ Jane Street - Machine Learning Researcher | a quant trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.
Upcoming Events
📆 ArrowStreet Capital - Quant Finance Symposium | a one-day program for women interested in starting a career in Quantitative Finance.
Educational Resources
🚀 [Quant Trader] Akuna Options 101 Course | learn the intricacies of options theory from a free course offered by Akuna Capital.
🚀 [Quant Researcher] Mathematics for Machine Learning | a text covering the key math concepts of ML, with a focus on linear algebra, calculus, and probability.
🚀 [Quant Developer] Distributed Systems Reading List | a collection of reading materials to learn the fundamentals of distributed systems.
Weekly Quant Puzzles
Question #1 - Probability
You place three dots along the edges of an octagon at random. What is the probability that all three dots lie on distinct edges of the octagon?
Quote of the Week
“Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.” - Daniel Kahneman, Thinking, Fast and Slow