Internship

Software Developer Summer Internship

2025

Posted on 8/30/2024

Interactive Brokers

Interactive Brokers

1,001-5,000 employees

Online trading platform with low commissions

Fintech
Financial Services

Greenwich, CT, USA

Position is onsite.

Category
FinTech Engineering
Software Engineering
Required Skills
Python
Java
Requirements
  • Required 10 weeks Commitment.
  • Currently Pursuing a BS, MS, or Ph.D. in Computer Science, Software Engineering.
  • Have a minimum GPA of 3.5.
  • Should have programming experience in C++, Java, or Python.
  • Strong problem-solving and analytical skills.
  • Ability to work both independently and in groups.
  • Ability to prioritize and set goals on shifting priorities.
Responsibilities
  • Work closely with our experienced software engineers to design, develop, and maintain software solutions.
  • Own your project while checking in with other team members with questions and updates throughout the day.
  • Participate in code reviews to ensure code quality and distribute knowledge.

Interactive Brokers provides an online trading platform that allows individual traders, investors, and financial advisors to access a variety of financial instruments, including stocks, options, futures, currencies, bonds, and funds. The platform operates globally, offering direct access to over 135 markets in 33 countries, which helps clients diversify their investments internationally. Interactive Brokers stands out from competitors by offering low commissions and financing rates, ensuring that trading remains affordable. They focus on best execution, aiming to secure the best prices for trades. Unique features include the ability to purchase fractional shares, making high-value stocks accessible to more investors, and the IMPACT app, which enables users to invest according to their personal values, such as sustainability. The goal of Interactive Brokers is to provide a comprehensive and cost-effective trading experience for clients around the world.

Company Stage

IPO

Total Funding

N/A

Headquarters

Greenwich, Connecticut

Founded

1977

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-powered news summaries enhance user engagement and trading activity.
  • AI tools in the Advisor Portal attract financial advisors with enhanced capabilities.
  • IBKR Desktop 0.12's new features for options traders increase trading volume and revenue.

What critics are saying

  • Increased competition from AI-powered platforms could erode market share.
  • Settlement with FINRA may lead to increased regulatory scrutiny and reputational damage.
  • Rapid technological advancements require costly updates, impacting profit margins.

What makes Interactive Brokers unique

  • Interactive Brokers offers low commissions and financing rates, making trading affordable.
  • The platform provides direct market access to over 135 markets in 33 countries.
  • Innovative features like fractional shares and the IMPACT app cater to diverse investor needs.

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Benefits

Competitive Pay with discretionary bonus packages which include company stock grants

Comprehensive Health Plans that include extensive Vision, Dental and Prescription coverage

Daily Lunch Allowance

401K Retirement Savings Plan (generous company match)

Wellness Incentives

Flexible Spending Accounts

Paid Personal Time and Sick Leave

INACTIVE