Off-Cycle Trading Intern - Quantitative Researcher, 2026, Hong Kong

About the role

Join Millennium's Hong Kong trading team as an Off-Cycle Trading Intern focused on quantitative research for equities and other markets. Develop and enhance proprietary models to support trading decisions and alpha strategy development.

About the Team

• Part of Millennium's global trading business in APAC and global equity markets.
• Focus on proprietary quantitative models for return forecasting, portfolio construction, execution, and risk management.
• Research spans technical, fundamental, sentiment, and alternative data.
• Emphasis on rigorous quantitative methods to support live trading decisions.

Responsibilities

• Conduct quantitative research on trading and investment strategies, mainly equities.
• Research alpha signals for mid-frequency trading using data-driven scientific methods.
• Analyze technical, fundamental, sentiment, and alternative datasets to identify alpha signals.
• Maintain and enhance models, codebase, and research tools for alpha research platform.

Requirements

• Pursuing Master's or PhD in Computer Science, Mathematics, Statistics, or related quantitative field.
• Strong foundation in statistics, time series analysis, econometrics, machine learning, or related areas.
• Experience with large, unstructured alternative datasets preferred.
• Proficient in Python and C++ programming with data handling experience.
• High intellectual curiosity, proactive mindset, and quick learner.
• Ability to work independently and collaboratively in a team environment.

Preferred Qualifications

• Prior internship experience in the financial industry is preferred but not required.

Program Details

• Full-time internship for 3 to 6 months starting August 2026.