About the Role
Hudson River Trading (HRT) is seeking exceptional full-time PhD students for its Algorithm Development summer internship program. Algorithm Developers research and implement automated trading strategies, trading on over 200 markets globally. This internship offers opportunities for innovative, self-guided research and significant business impact, with rotations across teams and collaboration with researchers and technologists.
Responsibilities
- Apply academic research to real-world trading problems using advanced research experience.
- Conduct quantitative research and data analysis using proprietary infrastructure (Python/C++) and third-party tools.
- Derive insights on market behavior from large datasets using machine learning and time series techniques.
- Utilize an industry-leading compute cluster for simulations and data crunching.
- Build predictive models for financial markets using diverse data sources.
- Attend Tech Talks for an overview of markets and HRT’s trading philosophy.
- Participate in a curriculum of speakers, trading games, mentorships, and social events.
Requirements
- 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.
- Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB.
- Excitement to apply research expertise to identify new opportunities in worldwide markets.
- Strong communication skills.
Skills
- Python
- Pandas
- Numpy
- R
- MATLAB
- Statistical analysis
- Numerical programming
- Machine learning
- Time series techniques
Location
- New York
- Singapore
Work Type
- Full-time
- Internship
Experience Level
- PhD student
Education Level
- PhD
Salary/Compensations
- New York: Weekly base salary of 5,800 USD
- Singapore: Weekly base salary of 7,650 SGD
Benefits
- Competitive signing bonus
- Company-paid housing
- Meals
- Other perks
About the Company
- Hudson River Trading (HRT) applies a scientific approach to trading financial products, utilizing a sophisticated computing environment for research and development.
- HRT researchers are at the forefront of innovation in algorithmic trading.
- HRT values diverse expertise and fosters a community of self-starters motivated by cutting-edge automation.
- The company promotes openness, transparency, and collaboration, valuing great ideas from all employees.
- HRT has offices globally and benefits from varied perspectives, aiming to bring the best people together to do great work in a valued environment.
Equal Opportunity
- HRT is an equal opportunity employer.
- HRT is proud of its diverse staff and benefits from varied and unique perspectives.
- Whoever you are, we’d love to get to know you.
