Full-Time
Algorithm Developer
Quant Researcher
Confirmed live in the last 24 hours
Hudson River Trading
501-1,000 employees
Algorithmic trading firm for institutional clients
Compensation Overview
$175k - $250kAnnually
Entry
New York, NY, USA
- You are a full-time undergraduate or masters student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2025
- Experience programming in Python and/or C++
- Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
- A passion for applying quantitative models and technology toward solving real-world problems
- Brilliant analytical and problem-solving skills
- Ability to work creatively and independently on long-term technical problems
- building and maintaining the models that drive our trading
- applying rigorous statistical analysis to vast quantities of market and financial data to produce predictive trading models
- research, develop, and test novel order execution and model training methods to increase trading efficiency
- running models live on our high-performance trading infrastructure
- analyzing daily performance to maintain ongoing profitability
Hudson River Trading focuses on algorithmic trading, utilizing advanced mathematical models and computing systems to make trading decisions in financial markets. The firm develops proprietary trading algorithms that analyze large volumes of market data to identify and execute trades at high speeds, often within milliseconds. This approach allows HRT to serve institutional clients like hedge funds and investment banks, operating in major financial hubs worldwide. Unlike many competitors, HRT emphasizes a scientific methodology and invests significantly in research and development to enhance its trading strategies. The company's goal is to generate revenue through high-frequency trading by executing numerous trades with small profit margins, capitalizing on market opportunities globally.
Company Stage
Debt Financing
Total Funding
$630M
Headquarters
New York City, New York
Founded
2002
Simplify's Take
What believers are saying
- Working at HRT offers exposure to cutting-edge technology and advanced mathematical models, providing a stimulating environment for researchers and developers.
- The firm's global operations provide opportunities for international collaboration and career growth in major financial markets.
- HRT's focus on high-frequency trading strategies allows employees to be at the forefront of financial innovation and market dynamics.
What critics are saying
- The highly competitive nature of the algorithmic trading industry requires constant innovation to stay ahead, which can be demanding and stressful.
- Regulatory changes in financial markets could impact HRT's trading strategies and profitability.
What makes Hudson River Trading unique
- Hudson River Trading's scientific approach to algorithmic trading, leveraging advanced mathematical models and sophisticated computing systems, sets it apart from traditional trading firms.
- The firm's global presence in key financial hubs allows it to capitalize on opportunities across various asset classes and markets, unlike competitors with a more localized focus.
- HRT's heavy investment in research and development ensures continuous improvement of its proprietary trading algorithms, maintaining a competitive edge in the high-frequency trading sector.
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Benefits
Dental, Vision, Disability, Health, Life, and Supplemental Life Insurance
Flexible Spending Account
Health Savings Account
401(k)
Paid Time Off
Free lunch or snacks
Gym membership