# Algorithm Development (Quant Research) PhD Internship – Summer 2027 [Hudson River Trading](https://www.jorb.ai/firms/hudson-river-trading.md) · New York · United States · [Hedge Fund & Quant](https://www.jorb.ai/jobs/hedge-fund-quant.md) Hudson River Trading is hiring a Algorithm Development (Quant Research) PhD Internship – Summer 2027 in New York. Posted 2026-07-13; applications close 2026-09-11. **Apply**: https://www.hudsonrivertrading.com/careers/job/?gh_jid=8059837 Posted 8d ago. ## Role details ## About the Role 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. HRT trades on more than 200 markets around the world across a variety of time horizons, offering opportunities to explore innovative, self-guided research and make a meaningful impact on the business. Through this internship, you will rotate across teams and collaborate with researchers and technologists working on nuanced problems in the industry. ## What to Expect - Apply advanced research experience to impactful real-world problems in trading across time horizons and machine learning strategies - Leverage HRT’s proprietary infrastructure (Python/C++) along 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 - Use an industry-leading compute cluster to run simulations and process data - Build predictive models for financial markets using a combination of market and non-market data - Attend and participate in Tech Talks covering markets and HRT’s trading philosophy - Participate in a summer curriculum that includes speakers, trading games, mentorship, and social events ## Qualifications - Full-time PhD student in a quantitative discipline (e.g., math, physics, computer science, statistics, operations research, machine learning) with a planned graduation timeline of 2028 or 2029 - Fluency in Python is required - Experience with statistical analysis, numerical programming, or machine learning in Python, including Pandas/NumPy, R, and/or MATLAB - Strong communication skills - Excited to apply research expertise to identify new opportunities in worldwide markets ## Compensation HRT offers a weekly base salary plus 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 ## Culture HRT brings a scientific approach to trading financial products. The company has built one of the world’s most sophisticated computing environments for research and development, with researchers at the forefront of innovation in algorithmic trading. At HRT, you will find a community of self-starters from a variety of disciplines—including mathematics and computer science, physics and engineering, and media and tech. HRT values openness and transparency, celebrates great ideas from both veterans and new hires, and emphasizes togetherness that extends beyond the office. HRT is proud of its diverse staff and has offices across the globe. HRT is an equal opportunity employer. ## Applying to this role This Algorithm Development (Quant Research) PhD Internship – Summer 2027 role at Hudson River Trading runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications. [Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=hudson-river-trading&job=6a550d3a64eb76e12afa6501) ## More open roles at Hudson River Trading - [Algorithm Development (Quant Research & Trading) PhD Internship – Summer 2027](https://www.jorb.ai/jobs/6a5bddcf62c7a44c998d9f70.md) – Singapore, posted 3d ago - [Algorithm Development (Quant Research & Trading) PhD Internship – Summer 2027](https://www.jorb.ai/jobs/6a5bddcf62c7a44c998d9f6c.md) – New York, posted 3d ago - [Algorithm Development (Quant Research & Trading) Internship – Summer 2027](https://www.jorb.ai/jobs/6a5bddcf62c7a44c998d9f72.md) – New York, posted 3d ago - [Algorithm Development (Quant Research & Trading) Internship – Summer 2027](https://www.jorb.ai/jobs/6a5bddcf62c7a44c998d9f6e.md) – Singapore, posted 3d ago - [Software Engineering Internship (C++ or Python) – Summer 2027](https://www.jorb.ai/jobs/6a550d3a64eb76e12afa64ea.md) – Singapore, posted 8d ago ## Other open Hedge Fund & Quant roles - [APAC GM Prime Quantitative Research, Associate](https://www.jorb.ai/jobs/6a48f12fd522e14fd10e549f.md) at [BNP Paribas](https://www.jorb.ai/firms/bnp-paribas.md) – Hong Kong, posted 25d ago - [Machine Learning Researcher – PhD Intern (Asia)](https://www.jorb.ai/jobs/6a4495e4cba59937ccf607b8.md) at [Citadel](https://www.jorb.ai/firms/citadel.md) – Hong Kong, posted 21d ago - [Quantitative Researcher – PhD Intern (Asia)](https://www.jorb.ai/jobs/6a4495e4cba59937ccf607b5.md) at [Citadel](https://www.jorb.ai/firms/citadel.md) – Hong Kong, posted 21d ago - [International Equities Associate – Intern (Europe)](https://www.jorb.ai/jobs/6a197d66e098b223efbf6f21.md) at [Citadel](https://www.jorb.ai/firms/citadel.md) – London, posted 1mo ago - [Quantitative Research Analyst – Intern (US)](https://www.jorb.ai/jobs/6a4b2d1e5192a47da3ba6e2f.md) at [Citadel](https://www.jorb.ai/firms/citadel.md) – New York, posted 16d ago --- Updated: 2026-07-22 Canonical: https://www.jorb.ai/jobs/6a550d3a64eb76e12afa6501