Algorithm Development (Quant Research & Trading) PhD Internship – Summer 2027
New York, New York, United States · Posted 1 month agoDescription
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.
Similar jobs
Est. 302,400 USD
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 except…
Est. 300,000 USD
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 except…
Est. 300,000 GBP
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 except…
Est. 304,000 USD
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 highly…
Est. 300,000 USD
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 talent…
Est. 237,500 USD
HRT is seeking quantitative researchers to join our effort in developing mid-frequency systematic trading strategies. Candidates will apply rigorous statistical methods on a wide range of datasets and implement trading m…
Hudson River Trading (HRT) is one of the top algorithmic trading companies in the world. Our research cluster is the backbone of our success; it’s where all of our trading strategies are generated. We use a large, custom…
Est. 250,000 USD
Hudson River Trading (HRT) is a quantitative trading firm at the forefront of technological innovation. We build and deploy cutting-edge systems within one of the world’s most advanced computing environments to power our…
Est. 250,000 GBP
Hudson River Trading (HRT) is a quantitative trading firm at the forefront of technological innovation. We build and deploy cutting-edge systems within one of the world’s most advanced computing environments to power our…
Est. 250,000 GBP
Hudson River Trading (HRT) is one of the top algorithmic trading companies in the world. Our research cluster is the backbone of our success; it’s where all of our trading strategies are generated. We use a large, custom…
Est. 250,000 USD
Working as a coder at Hudson River Trading (HRT) means working on a small, highly productive, and efficient team. You may see "trading" in our name and assume you'll be relegated to some dark corner to code for the "busi…
We are looking for engineers to power Hudson River Trading's continued expansion into global markets. As an engineer based out of our Singapore office, you will play a critical role in the process of establishing HRT's p…
Est. 250,000 USD
Hudson River Trading (HRT) is seeking curious, thoughtful engineers who enjoy working with data and solving real-world technical problems to join our growing Market Structure Analysis team. In this role as a Quantitative…
Est. 140,000 USD
Hudson River Trading (HRT) is seeking a Junior Trading Systems Engineer to join our growing Trading Systems Infrastructure team. This team designs, builds, and maintains the infrastructure that powers our global trading,…
Working as a coder at Hudson River Trading (HRT) means working on a small, highly productive, and efficient team. You may see "trading" in our name and assume you'll be relegated to some dark corner to code for the "busi…
We are looking for engineers to power Hudson River Trading's continued expansion into global markets. As an engineer based out of our Hong Kong office, you will play a critical role in the process of establishing HRT's p…
Est. 250,000 USD
Hudson River Trading (HRT) is looking for a Senior Software Engineer to focus on our Treasury Infrastructure. Coders at HRT work on small, highly productive, and efficient teams that design, improve, and maintain the tec…
Est. 250,000 USD
Algo Developers are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and financial data to produce p…
Est. 200,000 USD
Hudson River Trading (HRT) is seeking a Trading Systems Engineer to join our growing Trading Systems Infrastructure team. This team designs, builds, and maintains the infrastructure that powers our global trading, and is…
Est. 250,000 USD
Hudson River Trading (HRT) is seeking a Software Engineer focused on GPU reliability to join our Systems Development team. The Systems Development team builds and maintains the platform that is shared by all Systems team…
Est. 125,000 USD
Hudson River Trading (HRT) is looking for a Junior Electronic Trading Support Engineer to join our global Trade Operations (TradeOps) team in NYC. This team is responsible for managing HRT’s live trading environment, one…
Est. 200,000 USD
Hudson River Trading (HRT) is seeking a Software Engineer to join our Enterprise Engineering team in New York City. In this role, you will build the tools and systems that help every HRTer work more effectively. The team…
Est. 200,000 GBP
Hudson River Trading (HRT) is seeking a Technical Recruiter to join our global Recruiting team. In this role, you will focus on hiring engineers across our Trading Technology (live trading environment) and Research &…
Est. 200,000 USD
Hudson River Trading (HRT) is seeking a Data Strategist to identify, evaluate, and acquire differentiated datasets that support quantitative research and systematic trading. The role requires strong judgment around data…
Hudson River Trading (HRT) is seeking an experienced trader to join our Macro trading team, focused specifically on building out our exciting global fixed income strategy. Our team deploys both discretionary and quantita…
Est. 175,000 USD
Hudson River Trading (HRT) is seeking a PostTrade Strategy Specialist to join our PostTrade team in New York City. Encompassing the firm’s Global Funding & Clearing, Middle Office, and Product Control teams, the Post…
Est. 250,000 USD
At Hudson River Trading (HRT), C++ is at the center of our live trading systems and research infrastructure. Our C++ engineers build the highly performant, fault-tolerant systems that power trading across global markets.…
Est. 212,500 USD
Fullstack Developers at HRT work either on our platform team (i.e. you work on infrastructure & tooling that supports all of our research & trading capabilities) or our acceleration team (i.e. you are aligned wit…
Est. 140,000 USD
Hudson River Trading (HRT) is looking for a Data Production Engineer to join our Data team. Data is at the core of everything we do at HRT; we excel at deriving deep insights from all types of data, allowing us to achiev…
Est. 175,000 USD
Hudson River Trading (HRT) is seeking a Quantitative Researcher focused on Treasury Optimization and Research to join our PostTrade team. In this role, you’ll work closely with our Funding, Finance, and Treasury Engineer…