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.) with a planned graduation timeline of 2028 or 2029
- 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
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.
