Capula Investment Management

For the 2027 Trading and Research Summer Internship, Capula's posting lists a four-stage process: a Python coding challenge, an interview with the Talent team, a quantitative interview with a member of the Quantitative Strategy team, and a final interview with a Senior Trader or Portfolio Manager together with the Chief of Staff. Applications are screened on a rolling basis. The two technical gates sit before any conversation with the desk, so candidates committing to this loop are scheduling a Python challenge and a quant interview around term-time workload weeks before they hear from a trader.

Capula runs two named campus tracks, both anchored in the Trading and Research function:

• Trading and Research Summer Internship: ten weeks, June to August, opening with an Intern Orientation Week at the London headquarters; placements then run across London, New York, Hong Kong, Singapore and Tokyo. Eligibility is students due to graduate in 2027 or 2028 with a Bachelor's, Master's or PhD in economics, finance or a quantitative discipline.
• Capula Analyst Programme (CAP): a two-year graduate rotation across the same five offices, structured around trading-desk rotations, classroom lectures and research projects, with successful participants placed in a full-time trading-desk role at the end. Summer interns automatically become candidates; direct applications are reviewed on a rolling basis.

The two tracks form a single funnel: the summer internship is also the primary entry point to the graduate programme. A candidate applying to the internship is, in effect, applying to a two-year-plus career trajectory that begins with the ten-week placement.

For the 2027 Trading and Research Summer Internship, the posted benefits include visa sponsorship and relocation assistance covering accommodation allowance and travel to and from the placement office. The five intern locations — London, New York, Hong Kong, Singapore and Tokyo — each operate under distinct visa regimes. The sponsorship line being explicit on the posting removes a gate that closes many comparable internships at a similar tier to non-domestic candidates, though the practical mechanics depend on the office a candidate is matched into.

Capula was co-founded in 2005 by Yan Huo, headquartered in London with additional offices in New York, Singapore, Hong Kong, Tokyo, Geneva and Abu Dhabi. The firm's strategy mix is unusual: alongside absolute return, enhanced fixed-income and macro mandates, it runs a crisis-alpha programme — long-volatility positioning designed to deliver positive returns in significant market stress — distinct from peers' core macro books. The summer-to-CAP funnel is structured around trading-desk rotations across five international offices, and the firm describes more than 26 years of individual-trader track record across the 1998, 2008 and 2020 crises. For an applicant choosing among London-headquartered fixed-income and macro shops, the prioritisation call sits more on whether the crisis-alpha specialism and rotational path match how they want their early career shaped than on absolute firm scale.

Yes. Capula Investment Management currently has 2 open internship and graduate roles on Jorb AI: summer internships, insight programs, graduate schemes, and early-career positions across the United Kingdom. Postings update continuously as new roles are added and filled.

Capula Investment Management has open internship and graduate roles in the United Kingdom. Specific offices and program structure (summer vs year-round, internship vs graduate scheme) vary by region; check individual postings for details.

Applications to Capula Investment Management go through the official careers site. Each role on this page links directly to the specific application. Capula Investment Management does not use third-party submission services.