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Programme
Internship
Location
New York City, NY
Duration
Ten weeks
About the role
Summer 2027 quantitative systematic trading internship in New York or Philadelphia. Interns conduct research, build and backtest trading strategies, and analyze historical market data alongside researchers, engineers, and traders. The ten-week program includes quantitative trading education, mentorship, simulation-based project work, and a $8,600 weekly base salary plus additional perks.
Responsibilities
- Investigate signal generation, execution, market microstructure, portfolio construction, risk management, simulation, and large-scale data analysis.
- Design experiments, develop quantitative models, and evaluate ideas through rigorous empirical analysis and backtesting.
- Analyze data, implement models, simulate execution, and assess strategy performance using historical market data.
- Develop an individual trading strategy and refine it through measurable daily feedback and rapid experimentation.
- Collaborate with researchers, engineers, traders, mentors, teaching assistants, and fellow interns throughout the project.
- Use proprietary datasets and large-scale computing infrastructure to support computationally intensive research and simulation.
Program Experience
- Begin with Core Curriculum covering quantitative trading, programming, data analysis, mathematical modeling, machine learning, and AI tools.
- Spend the remainder of the summer completing the Blast Project, an end-to-end simulation of quantitative trading work.
- Receive mentorship from research and trading staff while working within a cohort of interns.
- Participate in a structured education program designed to accelerate development through hands-on research and collaboration.
- Explore the full process from data analysis and modeling through implementation, simulated execution, and evaluation.
- Automatically receive consideration for the Quantitative Research Internship when applying to this position.
Additional Information
- Internship opportunities are available in the Philadelphia and New York offices.
- The role is designed for candidates entering their penultimate or final PhD year in summer 2027, or postdoctoral researchers.