Quantitative Trading Analyst Intern

Quantitative Trading Analyst Intern

As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology to learn what it takes to become a successful and sustainable trader. You will work on a small team to combine technology, research, and risk management to identify optimal trading and investment strategies within the regulatory framework through a series of project-based assignments. At the conclusion of the 10-week internship, you will have the opportunity to present your results to senior leadership at DRW.

Your days will be focused on complex quantitative trading projects, and your evenings will include organized social events to explore what it’s like to live and work in London.

How You Will Make an Impact

• Collaborate with senior traders, technologists, and quantitative researchers by developing and improving trading strategies while working directly on the trading desk.
• Identify and research market opportunities through cutting-edge market research projects using powerful analytic tools.
• Work on market research projects ranging from macroeconomic data curation and analysis to applying machine learning techniques to market tick data for automated trading.
• Take on immediate responsibility through assignments such as position tracking, calculating risk, and analyzing key theoretical values.

What You Bring to the Team

• Are pursuing a bachelor’s, master’s, or PhD in mathematics, economics, physics, statistics, computer science, or an engineering-related field, with an expected graduation date between December 2027 and August 2028.
• Advanced quantitative, analytical, and problem-solving skills, with the ability to apply them in time-sensitive situations.
• Proficient programming in Python.
• Are self-motivated, enjoy challenges and responsibility, and thrive in fast-paced, competitive environments.
• A passion for financial markets and a deep curiosity to explore new methodologies.
• Strong communication skills to advocate your ideas clearly and concisely.

What to Expect During the Internship

• Meaningful projects: Each project, advised by a trader, supports a comprehensive learning experience and provides real-world work experience.
• Community: Throughout the summer, you’ll participate in educational, social, and team-building activities to explore the city, build friendships, and develop camaraderie.
• Housing: DRW provides fully furnished apartments located close to the office to make your commute easier.
• Mentorship: You will work with an experienced mentor. Mentors and mentees meet to discuss goals, challenges, and professional development, and also join mentor outings.
• Education: You’ll complete an options course taught by an experienced trader and participate in a technology immersion course to better understand how technology and trading intersect.

About DRW

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. The firm values autonomy and the ability to quickly pivot to capture opportunities, operating using its own capital and trading at its own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, DRW trades a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities, and Energy across all major global markets. DRW has also expanded into three non-traditional strategies: real estate, venture capital, and cryptoassets.

DRW operates with respect, curiosity, and open minds. The people who thrive here share the belief that it’s not just what they do that matters, but how they do it. DRW is a place of high expectations, integrity, innovation, and a willingness to challenge consensus.