Algorithm Development (Quant Research & Trading) PhD Internship – Summer 2027
Summary
PhD interns research and implement automated trading strategies using Python/C++ and machine learning, analyzing global markets and building predictive models.
We do not allow multiple applications. Please apply to the ONE role you are most interested in and we will consider you for all open positions when reviewing your application.
Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join our Algorithm Development summer internship program. Algorithm Developers at HRT focus on the research and implementation of automated trading strategies.
We trade on more than 200 markets around the world, across a variety of time horizons – offering ample opportunities to explore innovative, self-guided research and make a big impact on our business. Through this internship, you’ll have the opportunity to rotate across teams, learning and collaborating alongside researchers and technologists that apply their passion and expertise to solving the most nuanced problems in our industry.
What to Expect
- Use advanced research experience and expertise to apply academic research to impactful real-world problems in trading across time horizons and machine learning strategies
- 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
- Utilize our industry-leading 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
Qualifications
- You are a full-time PhD student in a quantitative discipline (math, physics, computer science, statistics, operations research, machine learning etc.)
- Fluency in Python is a must
- Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
- You’re excited to apply your research expertise to identify new opportunities in worldwide markets
Strong communication skills
We offer a weekly base salary offer in addition to a competitive signing bonus, company-paid housing, meals, and other perks.
New York: Weekly base salary of 5,800 USD
Singapore: Weekly base salary of 7,650 SGD
London: Weekly base salary of 4,350 GBP
Culture
Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.
Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.