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Internship

2024 Summer Internship

Trading Desk

Posted on 9/20/2023

Point72

Point72

1,001-5,000 employees

Global multi-strategy asset management firm

Venture Capital
Quantitative Finance

Stamford, CT, USA

Category
Quantitative Finance
Required Skills
REST APIs
Requirements
  • Curating daily research reports from relevant news
  • Executing trading floor procedures so that flow of trade information from portfolio management to the various sponsors is accurate and efficient
  • Monitoring market shifts and inform rest of team
  • Entering and monitoring orders and communicating with brokers
  • Understanding potential risk areas and preventing trade or operational errors
  • Relaying information to/from trading counterparties
  • Interacting with various Firm systems and making suggestions for process improvements
  • Monitoring price movements, volume, and trading flows
  • Affirming all daily trading activity with executing brokers
  • Reviewing daily PnL to ensure reported results are consistent with market movements
  • Monitoring changes in market
  • Reviewing all positions to ensure they are booked accurately
  • Investigating any trade discrepancies
  • Liaise with Operations Team to resolve any trade booking and settlement inquiries
  • Expected Bachelor's degree (Fall 2024 or Spring 2025)
  • Knowledge of the Trading trends and products, particularly around Interest Rates, FX, and Commodities
  • Ability to manage multiple tasks and deadlines in a fast-paced environment
  • Strong attention to detail
  • Strong analytical, writing, verbal communication, and technical skills
  • Demonstrated ability to work cooperatively with all levels of the team
  • Conduct yourself with professionalism and integrity at all times
  • Commitment to the highest ethical standards

Point72 Asset Management is a global firm that invests in multiple asset classes and strategies worldwide, focusing on deploying discretionary long/short equity, systematic, and macro investing strategies, complemented by a growing portfolio of private market investments.

Company Stage

Private

Total Funding

$600M

Headquarters

Stamford, Connecticut

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Point72 offers exposure to a wide range of industries and sectors, enhancing professional growth and learning opportunities.
  • The firm's involvement in high-profile investments, such as Sphere Entertainment and Overland AI, positions employees at the forefront of industry innovation.
  • Point72's global reach allows for potential international career opportunities and cross-cultural experiences.

What critics are saying

  • The broad investment strategy may lead to overextension and difficulty in maintaining focus on core competencies.
  • High volatility in sectors like entertainment and pharmaceuticals could impact the firm's financial stability and employee job security.

What makes Point72 unique

  • Point72's diversified investment strategy spans multiple sectors, from entertainment to pharmaceuticals, showcasing a broad and adaptable investment approach.
  • The firm's significant stake in innovative startups like Overland AI highlights its focus on cutting-edge technologies and future-oriented industries.
  • Point72's global presence, with investments managed by entities like Point72 Hong Kong Ltd and Point72 Middle East FZE, provides a competitive edge in accessing diverse markets.

Benefits

Fully-paid health care benefits

Generous parental and family leave policies

Mental and physical wellness programs

Volunteer opportunities

Non-profit matching gift program

Support for employee-led affinity groups representing women, minorities and the LGBT+ community

Tuition assistance

A 401(k) savings program with an employer match and more

INACTIVE