Algorithm Development (Quant Research & Trading) Internship – Summer 2027

Application Notice: Hudson River Trading (HRT) does not allow multiple applications. Please apply to the ONE role you are most interested in; HRT will consider you for all open positions when reviewing your application.

Hudson River Trading (HRT) is seeking exceptional full-time students to join our Algorithm Development Summer Internship Program. Algorithm Developers at HRT focus on the research and implementation of automated trading strategies. As an intern, you will have the opportunity to rotate between our high- and mid-frequency trading teams, as well as our machine learning teams. In close collaboration with full-time mentors, you will apply sophisticated quantitative modeling techniques to understand and predict market behavior and write software to improve our trading strategies.

Ideal candidates are quantitatively-driven and practically-minded programmers, scientists, and mathematicians who are excited to solve the most challenging problems in our field.

What to Expect

• Leverage proprietary infrastructure (Python/C++) in conjunction 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
• Work on impactful projects in close collaboration with experienced researchers, traders, and developers
• Utilize a compute cluster to run simulations and crunch data
• Build predictive models for financial markets using a combination of market and non-market data
• Attend and participate in Tech Talks that provide an overview of markets and HRT’s trading philosophy
• Enjoy a curriculum of speakers, trading games, mentorships, and social events throughout the summer

Qualifications

• Full-time undergraduate or master’s student in a quantitative discipline (math, physics, computer science, statistics, or a related program)
• Experience programming in Python is required; C++ is desired for those interested in low-latency trading
• Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/NumPy, R, and/or MATLAB
• Passion for applying quantitative models and technology toward solving real-world problems
• Strong communication skills

Compensation and Benefits

Weekly base salary offer plus a competitive signing bonus. Company-paid housing, meals, and other perks are also provided.

• New York: Weekly base salary of 5,800 USD
• Singapore: Weekly base salary of 7,650 SGD

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. HRT 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.

HRT welcomes a variety of expertise across mathematics and computer science, physics and engineering, media, and tech. The company is a community of self-starters motivated by being at the cutting edge of automation across the organization—from trading to business operations to recruiting. HRT values openness and transparency, celebrates great ideas from both long-time team members and new hires, and emphasizes a culture of togetherness that extends beyond the office.

HRT is proud of its diverse staff, with offices around the globe and a range of varied perspectives. HRT is an equal opportunity employer.