Internship

C++ Software Engineering Internship

Posted on 8/19/2024

Hudson River Trading

Hudson River Trading

501-1,000 employees

Algorithmic trading firm for institutional clients

Compensation Overview

$120/hr

New York, NY, USA

Category
Backend Engineering
Software Engineering
Required Skills
C/C++
Requirements
  • You are a full-time undergraduate student studying computer science or a related field who is eligible for full-time roles in 2026
  • Programming experience in C or C++ is required
  • A passion for technology and writing code that is elegant, readable, and efficient
  • Exceptional problem solving skills
  • Strong communication skills
Responsibilities
  • A hands-on introduction to all technical facets of software engineering in the algorithmic trading industry
  • Independent programming projects in C or C++, depending on the needs of the project
  • As you go through structured and hands-on trainings, you’ll transition right into projects within the first week
  • You'll have an opportunity to learn all about HRT's research and trading infrastructure, even in areas you may not be working in directly
  • In addition to technical project work and mentorship, you’ll also gain a deeper understanding of global financial markets

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 amounts of market data to identify and execute trades at high speeds, often within milliseconds. Its primary clients are institutional investors, including hedge funds and investment banks, who require efficient trading solutions. Unlike many competitors, HRT emphasizes a scientific approach and invests heavily in research and development to enhance its algorithms. The company's goal is to leverage technology to execute a high volume of trades with small profit margins, generating significant revenue over time while maintaining a competitive edge in the global trading landscape.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$630M

Headquarters

New York City, New York

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in DeFi offers new opportunities for algorithmic trading strategies.
  • Machine learning adoption enhances pattern recognition and predictive analytics in trading.
  • Quantum computing development offers unprecedented computational power for financial modeling.

What critics are saying

  • Decentralized finance platforms could disrupt traditional trading models.
  • Crypto exchanges with self-custody solutions pose a competitive threat to traditional firms.
  • Growth of crypto data firms increases competition in financial data services.

What makes Hudson River Trading unique

  • HRT uses advanced mathematical models for high-frequency trading decisions.
  • The firm has a global presence in major financial hubs worldwide.
  • HRT's proprietary algorithms are developed by experts in mathematics and computer science.

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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

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