Algorithm Development Summer Internship Program

Hudson River Trading (HRT) is actively seeking exceptional full-time students to join our Algorithm Development Summer Internship Program. At HRT, we embrace a scientific approach to trading financial products, having built one of the world’s most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in algorithmic trading.

About the Role: Algorithm Developer Intern

As an Algorithm Developer Intern, you will focus on the research and implementation of automated trading strategies. This program offers a unique opportunity to rotate between our high-frequency trading, multi-frequency trading, and/or machine learning teams. Working in close collaboration with experienced mentors, you will:

• Apply sophisticated quantitative modeling techniques to understand and predict market behavior.
• Write software to improve our trading strategies.
• Leverage our proprietary infrastructure (Python/C++) in conjunction with third-party tools to conduct quantitative research and data analysis.
• Utilize machine learning and time series techniques to derive novel insights on market behavior from large and complex datasets.
• Work on impactful projects alongside experienced researchers, traders, and developers.
• Use our world-class compute cluster to run simulations and crunch data efficiently.
• Build predictive models for financial markets using a combination of market and non-market data.

What to Expect During the Internship:

Beyond your core project work, the summer program includes:

• Attendance and participation in Tech Talks providing overviews of financial markets and HRT’s trading philosophy.
• A comprehensive curriculum of speakers, trading games, mentorships, and social events designed to enrich your experience.

Who We Are Looking For:

We seek quantitatively-driven and practically-minded programmers, scientists, and mathematicians who are excited to solve the most challenging problems in our field.

Qualifications:

• You are a full-time undergraduate, masters, or PhD student in a quantitative discipline (math, physics, computer science, statistics, or a related program).
• You are eligible for full-time roles in 2027.
• Experience programming in Python is a must.
• C++ experience is a plus for those interested in high-frequency trading.
• Experience with statistical analysis, numerical programming, or machine learning using Python, Pandas/Numpy, R, and/or MATLAB.
• A passion for applying quantitative models and technology toward solving real-world problems.
• Strong communication skills.

Compensation & Benefits:

• Weekly base salary: 5,800 USD.
• Signing bonus: 25,000 USD (or local equivalent).
• Company-paid housing, meals, and other perks.

HRT Culture:

At HRT, we are a community of self-starters motivated by the excitement of being at the cutting edge of automation in every part of our organization. We value openness and transparency, celebrating great ideas from HRT veterans and new hires alike. We’re friends and colleagues – whether 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. HRT is proud of our diverse staff and values varied and unique perspectives. We are an equal opportunity employer.

Important Notice:

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.