Algorithm Development (Quant Research & Trading) Internship

Hudson River Trading (HRT) is a quantitative trading firm that applies scientific methods and advanced computing to financial markets. The Algorithm Development Intern will research and implement automated trading strategies, applying quantitative modeling, machine learning, data analysis, and software development techniques in collaboration with researchers, traders, and developers.

Responsibilities

• Leverage our 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 our 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

Skills

• You are a 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 a must
• Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
• A passion for applying quantitative models and technology toward solving real-world problems
• Strong communication skills
• C++ is desired for those interested in low-latency trading

Benefits

• Competitive signing bonus
• Company-paid housing
• Meals
• Other perks
• Attend and participate in Tech Talks that provide an overview of markets and HRT’s trading philosophy
• A curriculum of speakers, trading games, mentorships, and social events throughout the summer

Company Overview

• Hudson River Trading opertes as a multi-asset class quantitative trading firm. It was founded in 2002, and is headquartered in New York, New York, USA, with a workforce of 1001-5000 employees. Its website is https://www.hudsonrivertrading.com.

Company H1B Sponsorship

• Hudson River Trading has a track record of offering H1B sponsorships, with 43 in 2026, 27 in 2025, 23 in 2024, 30 in 2023, 19 in 2022, 13 in 2021, 16 in 2020. Please note that this does not guarantee sponsorship for this specific role.