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Internship Algorithmic Trading Jobs in New York (NOW HIRING)

... internships, particularly from HFT, quantitative trading or similar environments. * Trading ... Opportunity to work at the world's leading algorithmic trading firm covering both digital assets ...

Algorithmic Trader

Manhattan, NY · On-site

$200 - $250/hr

... internships, particularly from HFT, quantitative trading or similar environments. * Trading ... Opportunity to work at the world's leading algorithmic trading firm covering both digital assets ...

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During the internship, your work is reinforced with intensive classes, workshops, and team-based ... Algorithmic Trading and Market Microstructure You'll learn the end-to-end process of developing an ...

During the internship, your work is reinforced with intensive classes, workshops, and team-based ... Algorithmic Trading and Market Microstructure You'll learn the end-to-end process of developing an ...

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Internship Algorithmic Trading information

What is an internship algorithmic trading?

Internship algorithmic trading positions are short-term roles, often offered to students or recent graduates, where individuals learn about and assist in developing, testing, and implementing automated trading strategies using computer algorithms. Interns typically work with quantitative analysts, traders, and software engineers to analyze market data, backtest strategies, and optimize trading models. These internships provide hands-on experience with programming, financial markets, and quantitative analysis, serving as a valuable stepping stone for a career in quantitative finance or trading.

What does an internship algorithmic trading do?

As an Algorithmic Trading intern, you'll likely be involved in tasks such as data collection and cleaning, backtesting trading strategies, and assisting with the development or enhancement of trading algorithms. You may work closely with quantitative analysts and traders to analyze market trends, evaluate performance metrics, and optimize models. Interns often gain hands-on exposure to programming languages like Python or C++, and collaborate within a fast-paced, team-oriented environment where communication and problem-solving skills are highly valued.

What skills and qualifications are needed for an internship algorithmic trading?

To thrive as an Algorithmic Trading Intern, you need strong quantitative skills, proficiency in programming (often Python, C++, or Java), and a solid understanding of financial markets, typically supported by coursework in mathematics, statistics, finance, or computer science. Familiarity with trading platforms, data analysis tools like MATLAB or R, and sometimes experience with version control systems or Bloomberg Terminal, is highly beneficial. Analytical thinking, attention to detail, and effective communication help interns contribute meaningfully to team projects and adapt quickly in fast-paced environments. These skills enable interns to analyze large datasets, develop trading algorithms, and collaborate efficiently, all of which are crucial for success in algorithmic trading.

What is the difference between Internship Algorithmic Trading vs Internship Quantitative Analysis?

AspectInternship Algorithmic TradingInternship Quantitative Analysis
Required CredentialsStrong programming skills, basic finance knowledge, often pursuing degrees in finance, computer science, or engineeringMathematical and statistical skills, degrees in mathematics, statistics, or related fields, programming skills beneficial
Work EnvironmentFast-paced trading firms, hedge funds, or proprietary trading desksFinancial institutions, research firms, or investment banks
Employer & Industry UsageCommon in trading firms and hedge funds focused on developing trading algorithmsUsed across finance sectors for data analysis, model development, and research

Internship Algorithmic Trading focuses on developing and implementing trading algorithms, requiring programming and finance knowledge. Internship Quantitative Analysis emphasizes data analysis and statistical modeling to inform investment decisions. Both roles involve quantitative skills but differ in their primary focus and work environment.

What are the most commonly searched types of Algorithmic Trading jobs in New York?

The most popular types of Algorithmic Trading jobs in New York are:

What job categories do people searching Internship Algorithmic Trading jobs in New York look for?

The top searched job categories for Internship Algorithmic Trading jobs in New York are:

What cities in New York are hiring for Internship Algorithmic Trading jobs?

Cities in New York with the most Internship Algorithmic Trading job openings:

Algorithmic Trader

Wintermute

New York, NY • On-site

Full-time

Medical, PTO

Re-posted 2 days ago


Job description

About Wintermute
Wintermute is one of the largest algorithmic trading companies in digital assets. We provide liquidity algorithmically across all major cryptocurrency exchanges and trading platforms, a broad range of OTC trading solutions as well as support high profile blockchain projects and traditional financial institutions moving into crypto.
Wintermute is not just a trading company, it is one the most prominent and influential players in the digital asset markets: we are connected and partnering with all major players in the industry, we actively participate in the development of the blockchain ecosystem through investments, partnerships, and incubation of projects. You can read more here.
Working at Wintermute
We are looking for an Algorithmic Trader with strong quantitative and Python skills, good trading instincts and a curiosity about algorithmic trading, high-frequency trading, liquidity provision and digital assets. You will take ownership of P&L-impacting trading projects from an early stage, working closely with experienced traders and developers across our global trading team. After an initial training period, you will be given significant independence and responsibility. You will analyse large amounts of trading and transaction data, identify opportunities, build and improve trading strategies and develop solutions based on your findings. There are no legacy systems, multiple layers of approvals or rigid boundaries between trading, analysis and development. You will be encouraged to identify opportunities, build solutions and make an immediate impact. This is primarily a trading and business role rather than a pure research role. We are looking for people who enjoy combining quantitative analysis, coding and commercial decision-making to drive P&L.
What will you work on:
  • Improving and optimising existing trading strategies.
  • Researching and developing new trading strategies and products.
  • Analysing large volumes of market, trading and transaction data to identify opportunities.
  • Building tools and solutions to improve trading performance and decision-making.
  • Improving the technology and infrastructure supporting our trading systems.
  • Monitoring trading performance and reacting quickly to changing market conditions.
  • Exploring new markets, products and trading opportunities.
  • Taking ownership of projects that have a direct impact on P&L.
  • You will work closely with experienced traders, quantitative developers and the wider management team while gradually taking increasing ownership of your own strategies and areas of the business.

Hard Skills Requirements:
  • Strong Python skills - typically 1-3 years of coding experience through professional work, internships, academic work or personal projects. We will test this during the interview process.
  • Excellent quantitative and analytical skills - we will test these.
  • Typically 1-3 years of relevant experience, although we also welcome exceptional recent graduates with relevant internships, particularly from HFT, quantitative trading or similar environments.
  • Trading experience is not essential, but you should have strong trading intuition and a genuine interest in learning about algorithmic trading, high-frequency trading, quantitative trading and liquidity provision.
  • Strong ability to analyse complex datasets, identify patterns and turn insights into practical solutions.
  • An interest in financial markets and technology. Experience or interest in crypto, blockchain and DeFi is beneficial but not required.

Other Requirements:
  • You have an owner mentality and focus on the ultimate outcome: generating sustainable P&L and helping grow the business over the long term.
  • You love solving problems and seeing the solutions you build work in practice.
  • You are comfortable moving between trading, coding, data analysis and collaboration depending on what is required.
  • You are determined, ambitious and humble, with a strong willingness to learn.
  • You enjoy working in a meritocratic environment where performance and impact matter.
  • You have an entrepreneurial mindset rather than a 9-to-5 mentality and are comfortable with the demands of fast-moving global markets.
  • You enjoy working collaboratively with traders, developers and other teams.
  • You are comfortable working primarily from the office while maintaining flexibility where appropriate.

Here is why you should join our dynamic team:
  • Opportunity to work at the world's leading algorithmic trading firm covering both digital assets and traditional finance.
  • Engaging projects offering accelerated responsibilities and ownership growth compared to traditional finance environments.
  • A vibrant working culture with team events, celebrations and company wide team building events.
  • For US applicants: a cool office in the heart of New York City which often hosts some of the leading industry events
  • For London applicants: a Wintermute-inspired office in central London, featuring an array of amenities such as table tennis and foosball, personalized desk configurations, a cozy team breakout area with games.
  • Great company culture: informal, non-hierarchical, ambitious, highly professional yet with a startup vibe, collaborative and entrepreneurial.
  • A performance-based compensation with a significant earning upside.
  • For US, the base salary range for this role is $210,000 - $240,000. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and medical insurance.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.