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

Hudson River Trading (HRT) — Algorithm Development Summer Internship

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 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 world-class 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

We offer a weekly base salary, 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
• London: Weekly base salary of 4,350 GBP

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world’s most sophisticated computing environments for research and development, and our researchers are at the forefront of innovation in algorithmic trading.

At HRT, we welcome a variety of expertise, including mathematics and computer science, physics and engineering, and media and tech. We are a community of self-starters motivated by the excitement of being at the cutting edge of automation across the organization—from trading to business operations to recruiting and beyond. We value openness and transparency, and celebrate great ideas from both HRT veterans and new hires.

At HRT, we are friends and colleagues—whether sharing a meal, playing board games, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

HRT is proud of its diverse staff and has offices all over the globe, benefiting from varied and unique perspectives. HRT is an equal opportunity employer; whoever you are, we would love to get to know you.