Overview
Hudson River Trading (HRT) is offering a summer internship for PhD students interested in algorithmic trading and quantitative research. As an Algorithm Development Intern, you’ll explore innovative trading strategies across global markets, collaborate with leading researchers and technologists, and directly contribute to solving complex challenges in the financial industry. This is a unique opportunity to bridge academic research with real-world trading applications.
What You'll Get Out of This Internship
- Hands-on experience applying advanced research to automated trading strategies.
- Exposure to high-performance computing environments and cutting-edge quantitative tools.
- Mentorship from experienced professionals in trading, data analysis, and machine learning.
- Participation in tech talks, trading simulations, and social events designed to enrich your summer.
- Opportunities to rotate across teams and gain insight into multiple trading methodologies.
Key Responsibilities
- Conduct quantitative research using Python, C++, and other analytical tools.
- Analyze complex datasets to uncover insights into market behavior and trading opportunities.
- Build predictive models leveraging machine learning and time series techniques.
- Run simulations and test strategies on HRT’s proprietary computing infrastructure.
- Engage in collaborative projects, presenting findings and contributing to team discussions.
Requirements
- Currently enrolled full-time PhD student in a quantitative field such as mathematics, physics, computer science, statistics, or operations research, with expected graduation in 2027 or 2028.
- Strong proficiency in Python; familiarity with tools like Pandas, NumPy, R, or MATLAB is a plus.
- Experience in statistical analysis, numerical programming, or machine learning.
- Excellent communication skills and eagerness to translate research into actionable insights.
- Passion for applying academic knowledge to real-world market challenges.
Who Is This Internship Ideal For
This internship is perfect for PhD students who thrive in intellectually challenging environments, enjoy problem-solving with data, and are eager to see their research have a tangible impact on financial markets. Ideal candidates are self-motivated, collaborative, and excited about working in a fast-paced, innovative trading environment.
About Company
Hudson River Trading is a scientific-driven trading firm that leverages advanced computing and algorithmic strategies to operate in global financial markets. HRT fosters a collaborative culture where ideas are welcomed from all team members, and innovation drives everything from trading to operations. With a diverse, global team, HRT values openness, mentorship, and community, creating an environment where researchers, technologists, and traders thrive together.
Internship Details
- Duration: Summer program (specific dates may vary)
- Location: Global offices, with housing and meals provided
- Compensation: Weekly base salary of SGD $7,650 and a signing bonus of SGD $33,000
- Perks: Company-paid housing, meals, social events, and mentorship programs
