INTERNSHIP DETAILS

PhD Winter Internship - 2027

CompanyHudson River Trading
LocationNew York
Work ModeOn Site
PostedSeptember 18, 2026
Internship Information
Core Responsibilities
Interns will participate in a three-week quantitative research program involving independent projects and model training on high-performance compute clusters. Participants will also learn about various trading styles from industry experts through tech talks and collaborative sessions.
Internship Type
full time
Company Size
1372
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
At Hudson River Trading (HRT) we are mathematicians, computer scientists, statisticians, physicists and engineers. We research and develop automated trading algorithms using advanced mathematical techniques. We have built one of the world's most sophisticated computing environments, and our researchers are at the forefront of innovation in the world of algorithmic trading. HRT’s founding partners graduated from Harvard and MIT with degrees in computer science and mathematics, and founded HRT in 2002. Armed with programming skills and sharp quantitative minds, the founders hypothesized that by applying a fresh take to trading stocks, one that truly leverages the power of technology, they could meaningfully impact a world still dominated by manual operators. Very quickly, their algorithms saw success in the markets and HRT grew from their origins in US equities to a global, multi-asset class trading firm. Today HRT employs over 800 brilliant minds from a variety of disciplines—from highly technical to deeply mathematical to the liberal arts. We are critical thinkers and eager automators, chasing new solutions to any problem we encounter. We trade on nearly all of the world’s electronic markets, and are a leading voice for fair and open markets. Our internal code of ethics far exceeds the expectations of the regulatory environment in which we operate. We are conscientious market participants advocating for fair and transparent markets for everyone. This philosophy influences every aspect of our research. Please be aware that HRT emails will always come from the @hudson-trading.com domain; a genuine offer document will not be signed by a recruiter; and HRT will never request your personal banking information or payment of any kind during the recruitment process. If you have received what you suspect is a fraudulent offer or suspicious communication with HRT, or if you have any questions, please reach out to security@hudson-trading.com.
About the Role

​​The application deadline for this position is Oct 16, 2026

HRT is seeking qualified PhD candidates for our Winter Internship Program. Our PhD Winter Internship program is a 3 week introduction to quantitative research designed for graduate students with little or no experience in quantitative trading. Over the course of the program, you will:

  • Learn about a wide range of trading styles from leading experts in the field
  • Work on independent research projects, representative of real work at HRT
  • Train models on our state of the art compute cluster
  • Explore all that New York City has to offer through a variety of social events and tech talks

This program begins on January 4, 2027. This is an in-person program and will take place in our New York City office.

Requirements

  • You are a full-time PhD student graduating between fall 2027 and summer 2029 in a technical or quantitative discipline (math, physics, computer science, statistics, machine learning, or a related program) 
  • Demonstrated experience in programming; familiarity with Python and/or C++ is preferred
  • A passion for technology and excitement for learning something new
  • Exceptional problem solving skills
  • Strong communication skills

This program is specifically offered for individuals without extensive experience in the quantitative trading industry. 

Weekly base salary of $5,800 in addition to company-paid housing, meals, and other perks.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.

Key Skills
Quantitative researchPythonC++Machine learningMathematicsPhysicsComputer scienceStatisticsProblem solvingCommunication skillsAlgorithmic tradingData analysisResearchAutomation
Categories
Finance & AccountingScience & ResearchTechnologySoftwareData & Analytics
Benefits
Company-paid housingMealsPerks