Overview
Hudson River Trading (HRT) is offering an Algorithm Development Summer Internship Program for full-time students. Interns will work on developing and implementing automated trading strategies, rotating between high-frequency trading, multi-frequency trading, and machine learning teams. This program provides hands-on experience in quantitative research, data analysis, and algorithmic trading within a collaborative, high-performance environment.
What You’ll Get Out of This Internship
- Practical experience in quantitative research and automated trading strategy development.
- Exposure to machine learning, time series analysis, and predictive modeling applied to financial markets.
- Hands-on experience with Python, and optionally C++, for data analysis and simulation.
- Mentorship from experienced researchers, traders, and developers.
- Opportunities to participate in tech talks, trading games, and social events.
- Access to state-of-the-art computing infrastructure for data-intensive projects.
Key Responsibilities
- Conduct quantitative research using proprietary infrastructure and third-party tools.
- Apply machine learning and statistical techniques to large and complex datasets.
- Develop predictive models for financial markets using market and non-market data.
- Collaborate closely with mentors and team members to implement and optimise trading strategies.
- Participate in technical discussions, trading simulations, and learning sessions.
Requirements
- Full-time undergraduate, master’s, or PhD student in a quantitative discipline (e.g., Mathematics, Physics, Computer Science, Statistics) eligible for full-time roles in 2027.
- Strong programming skills in Python; C++ is a plus for high-frequency trading roles.
- Experience with statistical analysis, numerical programming, or machine learning (Python, Pandas/Numpy, R, MATLAB).
- Strong analytical and problem-solving skills with a passion for applying quantitative models to real-world problems.
- Effective communication skills and ability to collaborate in a team environment.
Who This Internship Is Ideal For
- Students eager to gain hands-on experience in algorithmic trading and quantitative research.
- Individuals passionate about leveraging technology and data science to solve complex financial problems.
- Candidates motivated to work in a high-performance, collaborative, and innovative environment.
About Company
Hudson River Trading is a global leader in algorithmic trading, combining technology, mathematics, and data science to develop sophisticated trading systems. HRT values openness, collaboration, and diversity, fostering a culture where innovative ideas are encouraged and every team member’s contribution is recognized.
Internship Details
- Compensation: Weekly base salary of SGD $7,650, signing bonus of SGD $33,000, company-paid housing, meals, and other perks.
- Duration: Summer internship (exact dates TBD)
- Hands-on experience across high-frequency, multi-frequency, and machine learning trading teams
