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Internship Algorithmic Trading Jobs in Union, NJ

Senior Software Engineer

Manhattan, NY ยท On-site

$134K - $177K/yr

Required : โ€ข 5+ years of software development experience outside of education and internships โ€ข ... algorithms, and software design โ€ข Strong analytical and debugging skills โ€ข Effective ...

... creation engine to our trading system to our client-facing web application. You will have ... Firm understanding of data structures, algorithms, and software design * Strong analytical and ...

Showing results 41-60

Internship Algorithmic Trading information

See Union, NJ salary details

$9

$17

$24

How much do internship algorithmic trading jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for internship algorithmic trading in Union, NJ is $17.63, according to ZipRecruiter salary data. Most workers in this role earn between $14.71 and $19.62 per hour, depending on experience, location, and employer.

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 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 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 job categories do people searching Internship Algorithmic Trading jobs in Union, NJ look for? The top searched job categories for Internship Algorithmic Trading jobs in Union, NJ are:
What cities near Union, NJ are hiring for Internship Algorithmic Trading jobs? Cities near Union, NJ with the most Internship Algorithmic Trading job openings:

Quantitative Research Analyst - Intern (US)

Citadel Securities

Manhattan, NY โ€ข On-site

$4.5K - $5.8K/wk

Other

Posted 10 days ago


Job description

Job Description

At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day by developing and testing automated quant trading strategies. We leverage sophisticated statistical techniques and cutting-edge machine learning techniques to solve some of the most complex problems in finance.

As an intern, you'll get to challenge the impossible in research through a summer-long program that will allow you to collaborate and connect with senior team members. In addition, you'll get the opportunity to network and socialize with peers throughout the internship.

Your Objectives

  • Conceptualize valuation strategies, develop, and continuously improve upon mathematical models.
  • Design and build predictive models to generate novel trading signals.
  • Back test and implement trading models and signals in a live trading environment.
  • Use unconventional data sources to drive innovation.
  • Conduct research and statistical analysis to build and refine monetization systems for trading signals.

Your Skills & Talents

  • Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
  • Demonstrated experience in applying advanced machine learning techniques; familiarity with modern AI concepts such as Large Language Models (LLMs) and agentic systems is highly desirable.
  • Expertise in translating mathematical models and algorithms into code (Python, R or C++).
  • Prior experience working in a data-driven research environment.
  • Independent research experience.
  • Ability to manage multiple tasks and thrive in a fast-paced team environment.
  • Excellent analytical skills, with strong attention to detail.
  • Strong written and verbal communication skills.

Opportunities available in New York and Miami.

In addition to weekly pay, interns may be eligible for a highly competitive sign-on bonus, housing stipend or covered living accommodations, company-sponsored travel, and a variety of on-site benefits, including access to on-site fitness and wellness amenities, catered meals, and social and networking events.

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

About Citadel Securities

Citadel Securities is a technology-driven, next-generation global market maker. We provide institutional and retail investors with world-class liquidity, competitive pricing and seamless front-to-back execution in a broad array of financial products. Our teams of engineers, traders and researchers harness leading-edge quantitative research and the accelerating power of compute, machine learning and AI to power our analytics and tackle the market's and our clients' most critical challenges. Together, we are forging the future of capital markets. For more information, visit citadelsecurities.com .