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

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.

What you'll do:

• Use advanced research experience and expertise to apply academic research to impactful real-world problems in trading across time horizons and machine learning strategies
• 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
• Utilize our industry-leading 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

What they're looking for:

• You are a full-time PhD student in a quantitative discipline (math, physics, computer science, statistics, operations research, machine learning etc.)
• Fluency in Python is a must
• Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
• You're excited to apply your research expertise to identify new opportunities in worldwide markets
• Strong communication skills

Benefits:

• Company-paid housing
• Meals
• Other perks
• Competitive signing bonus