Description
Our formula for success is to hire exceptional people, encourage their ideas and reward their results.
As a Quantitative Research Intern you will have an opportunity to solve challenging problems arising in a trading environment while utilizing the latest statistical scientific algorithms, machine learning techniques and derivatives pricing theory. The teams focus on non-latency sensitive investment opportunities and multi-asset class derivatives strategies across geographies. Our teams emphasize cutting-edge innovative scientific research and collaboration, allowing you to gain a deeper understanding of quantitative trading. You will find great minds with diverse backgrounds, who are passionate about cultivating new ideas and exploring ways to bring them to life. You will use the team’s custom research infrastructure for simulation, back-testing, and validation of the proposed models. While your days will have you engrossed with complex technology projects, your evenings will be spent exploring the city with organized social events to truly discover what it’s like to live and work in Singapore.
How you will make an impact…
- Create practical solutions to problems presented in the trading environment on either a systematic equity trading desk or a fixed income options desk
- Conduct statistical analysis of market data, historical trends, and relationships across multiple asset classes
- Formulate and apply mathematical modeling, quantitative methods and machine learning techniques to identify and capture trading opportunities
- Work closely with traders and researchers to build and refine research infrastructure and tools
What you bring to the team…
- Are pursuing a Bachelor's, Master’s or PhD in a technical discipline with a focus on Statistics, Optimization, Machine Learning, Artificial Intelligence, Quantitative Finance or related fields graduating between December 2027 and August 2028
- Proficiency in Python programming experience using the Python machine learning stack: numpy, pandas, scikit-learn, etc.
- Proficient programming skills with experience exploring large datasets
- Strong analytical and problem-solving skills including a solid foundation of statistics knowledge
- Working knowledge of probability theory, stochastic calculus and numerical algorithms such as finite differences, Monte Carlo simulation, etc.
- Some exposure to Natural Language Processing and/or High-Performance Computing is a plus
- Excellent written and verbal communication skills to report research results as well as methodologies
- Added bonus if you have been published in a top tier journal focusing on Natural Language Processing or High-Performance Computing
What to expect during the internship
- Meaningful projects: Each project, advised by a trader, promotes a comprehensive learning experience and provides you with real-world work experience.
- Community: Throughout the summer, we host a variety of educational, social and team-building activities to explore the city, foster friendships and camaraderie.
- Mentorship: You’ll build a professional relationship with an experienced mentor in your field. Mentors and mentees meet to discuss goals, challenges and professional development and explore the city together at our mentor outings.
- Education: As the trading industry continually evolves, both in terms of new products and transaction methods, the future will present us with unique opportunities and challenges. You’ll complete an options course taught by an experienced trader and participate in a technology immersion course to better understand how technology and trading intersect.
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
#LI-LT2
Similar jobs
Est. 45,000 GBP
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Research Intern you will have an opportunity to solve challenging problems arising in a trading env…
Est. 275,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Research Intern you will have an opportunity to solve challenging problems arising in a trading env…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Researcher, you will develop mathematical models using advanced statistical learning methods to bui…
Est. 55,000 GBP
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in o…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst, you will have an opportunity to combine the disciplines of risk management, resear…
Est. 52,000 GBP
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in o…
DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the m…
Est. 250,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in o…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Software Developer Intern in our Singapore office, you will build advanced trading and risk applications leverag…
Est. 275,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Researcher, you will develop mathematical models using advanced statistical learning methods to bui…
Est. 80,000 GBP
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst, you will have an opportunity to combine the disciplines of risk management, resear…
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As an AI/ML Research Intern, you will be an integral member of a team of experienced technologists, quantitative rese…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Software Developer Intern, you will join one of our development teams supporting our network development initiat…
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Software Engineer Intern (Data Engineering), you'll join the Commodities trading group to build data pipelines f…
Est. 250,000 USD
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 45,000 GBP
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Software Developer Intern, you will build advanced trading and risk applications leveraging cutting-edge technol…
Est. 110,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. We are looking for a forward-looking Strategy Intern to identify, quantify and develop plans for new business opportu…
Est. 200,000 USD
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 45,000 EUR
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Software Developer Intern, you will build advanced trading and risk applications leveraging cutting-edge technol…
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 212,500 USD
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 80,000 GBP
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 120,000 GBP
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 212,500 USD
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 90,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Leadership Rotation Network (LRN) Analyst Intern, you will work directly within a dedicated middle or back-offic…
Est. 175,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Platform Engineer Intern, you will be part of our advanced technology team focused on maintaining and improving…
Est. 200,000 USD
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 80,000 GBP
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Est. 80,000 USD
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Venture Capital Analyst Intern, you will collaborate with the investment team to research key themes and investm…