Algorithm Development (Quant Research) PhD Internship – Summer 2026
Hudson River TradingNew York, New York, United States
Posted August 7, 2025
Internship
About the Company
Hudson River Trading (HRT) is a global fintech firm specializing in algorithmic trading. Founded by Harvard and MIT graduates in 2002, HRT develops advanced mathematical algorithms for automated trading across various asset classes. The company employs a diverse team of experts from technology to mathematics, maintaining a strong commitment to ethical market practices and transparency.
Job Description
Hudson River Trading is seeking exceptional PhD students to join their Algorithm Development summer internship program, focusing on the research and implementation of automated trading strategies.
Requirements
- 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
- Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
- Strong communication skills
Benefits
- Weekly base salary of $5,800
- Signing bonus of $25,000
- Company-paid housing, meals, and other perks