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Hudson River Trading · 5 months ago

Algorithm Development (Quant Research) PhD Internship – Summer 2026

New York, NY, United States

Internship

Onsite

Intern

$5,800/wk - $5,800/wk

Start in 2026 Summer

Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join their Algorithm Development summer internship program. Interns will focus on the research and implementation of automated trading strategies, applying academic research to real-world trading problems while collaborating with researchers and technologists.

Financial Services

Growth Opportunities

H1B Sponsor Likely

Responsibilities

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

Use 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

Qualification

Fluency in PythonStatistical analysisMachine learningNumerical programmingCommunication skills

Required

You are a full-time PhD student in a quantitative discipline (math, physics, computer science, statistics, operations research, machine learning etc.) with a planned graduation timeline of 2027 or 2028

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

Company

Hudson River Trading

Glassdoor4.5

Hudson River Trading opertes as a multi-asset class quantitative trading firm.

Founded in 2002

New York, New York, USA

1001-5000 employees

https://www.hudsonrivertrading.com

H1B Sponsorship

Hudson River Trading has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (27)

2024 (23)

2023 (30)

2022 (19)

2021 (13)

2020 (16)