# Algorithm Development (Quant Research & Trading) 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 & Trading) PhD Internship – Summer 2027 in New York. Posted 2026-07-18; applications close 2026-09-16. **Apply**: https://www.hudsonrivertrading.com/careers/job/?gh_jid=8059837 Posted 3d ago. ## Role details ## Overview Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join our Algorithm Development summer internship program. Algorithm Developers 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 self-guided research and make an impact on the business. Interns rotate across teams and collaborate with researchers and technologists working on complex problems in algorithmic trading. ## What to Expect - Apply advanced research expertise to impactful real-world trading problems 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, complex datasets - Utilize HRT’s compute cluster to run simulations and process large volumes of data - Build predictive models for financial markets using combinations 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 - Experience with statistical analysis, numerical programming, or machine learning in Python, including Pandas/NumPy, R, and/or MATLAB - Excitement about applying research expertise to identify new opportunities in worldwide markets - Strong communication skills ## 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 and has built a sophisticated computing environment for research and development. Researchers are at the forefront of innovation in algorithmic trading. HRT brings together a variety of expertise, including mathematics and computer science, physics and engineering, media, and tech. The organization values self-starters, openness and transparency, and celebrating great ideas from both experienced team members and new hires. Colleagues connect through shared meals, board games, and writing elegant code, with a culture of togetherness that extends beyond the office. HRT is proud of its diverse staff with offices around the globe and emphasizes equal opportunity employment. ## Applying to this role This Algorithm Development (Quant Research & Trading) 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. 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