Algorithm Development – Internship

You are a full-time undergraduate, masters, or PhD student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2027 Experience programming in Python is a must; C++ is a plus for those interested in high-frequency trading Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB A passion for applying quantitative models and technology toward solving real-world problems Strong communication skills Leverage our proprietary infrastructure (Python/C++) in conjunction with third-party tools to conduct quantitative research and data analysis Use machine learning and time series techniques to derive novel insights on market behavior from large and complex datasets Work on impactful projects in close collaboration with experienced researchers, traders, and developers Use our world-class compute cluster to run simulations and crunch data Build predictive models for financial markets using a combination of market and non-market data Attend and participate in Tech Talks that provide an overview of markets and HRT's trading philosophy Enjoy a curriculum of speakers, trading games, mentorships, and social events throughout the summer

Hudson River Trading is a trading firm that focuses on algorithmic trading, using scientific methods to make decisions in financial markets. The firm employs advanced mathematical models and high-speed computing systems to analyze large amounts of market data and identify trading opportunities. Its primary clients are institutional investors, including hedge funds and investment banks, who need efficient trading solutions. HRT operates globally, with offices in major financial centers, allowing it to trade across various asset classes. The company develops proprietary trading algorithms that execute trades quickly, often within milliseconds, and generates revenue by executing a high volume of trades with small profit margins. HRT invests significantly in research and development to enhance its algorithms and maintain a competitive advantage in the market.