Quantitative Trader Intern (Summer 2023)

AlphaGrep America INC subsidiary of AlphaGrep Securities is a Quantitative trading firm focused on algorithmic trading in various asset classes across the globe.

We are one of the largest firms by trading volume on Indian exchanges and have significant market share on several large global exchanges. We use a disciplined and systematic quantitative approach to identify factors that consistently generate alphas. These factors are then coupled with our proprietary ultra-low latency trading systems and robust risk management to develop trading strategies across asset classes (equities, commodities, currencies, fixed income) that trade on global exchanges.

Responsibilities

AlphaGrep is seeking exceptional, full-time students across all degree levels to join our Quant Trading summer internship program. Our traders execute lightning-fast algorithmic strategies based on patterns in market behavior in various global markets. As a Quantitative Trading Intern, you will apply sophisticated quantitative modeling techniques to understand and predict market behavior and write complex and nimble code used to grow our business and increase the efficiency of the global financial markets.

Your responsibilities may include any of the following, which will require you to exercise discretion and independent judgment:

• Designing, implementing, and deploying trading algorithms
• Exploring trading ideas by analyzing market data and market microstructure for patterns
• Creating tools to analyze data for patterns
• Contributing to libraries of analytical computations to support market data analysis and trading
• Developing, augmenting, and calibrating exchange simulators

Qualifications :

AlphaGrep encourages Bachelor’s, Master’s and PHD students in computer science, mathematics and related fields to apply.

Additional requirements include:

• Familiarity with machine learning (a plus)
• Experience with data analysis, market research and data modeling (a plus)
• Brilliant problem-solving abilities
• Software development experience as demonstrated through course work, research projects, or open source activities, preferably in C++, Python or R/Matlab
• A passion for new technologies and ideas
• The ability to manage multiple tasks in a fast-paced environment
• Strong communication skills
• A working knowledge of Linux/Unix

Financial experience is not required but interest in financial markets is a plus.

Why You Should Join Us?

• Great People. We’re curious engineers, mathematicians, statisticians and like to have fun while achieving our goals.
• Transparent Structure. Our employees know that we value their ideas and contributions.
• Relaxed Environment. We have a flat organizational structure with frequent activities for all employees such as yearly offsites, happy hours, corporate sports teams, etc.
• **Health & Wellness Programs.**We believe that a balanced employee is more productive. A stocked kitchen, gym membership and generous vacation package are just some of the perks that we offer our employees.