Internship
Quantitative Researcher Intern
Summer 2024
Posted on 9/14/2023
Valkyrie Trading
51-200 employees
Derivatives trading using advanced algorithms
Chicago, IL, USA
- Expected graduation date between December 2024 and December 2025
- Willingness to work in-person, in Chicago beginning late May 2024
- Pursuing a degree in mathematics, physics, statistics, electrical engineering, or other quantitative field of study
- Strong quantitative, analytical and problem-solving skills
- Familiar with option pricing theory
- Proficient Python programming skills to model real-world problems efficiently and reliably
- Ability and willingness to take full ownership (investigate, research, analyze and test trading models and strategies in a systematic fashion) of projects
- Exemplary attention to detail and a deep interest in the financial industry
- Willing to work on a collaborative team
- Quantitative Researcher Interns will be introduced to Valkyrie's trading models, applications, technology and business
- During the course of your internship, you'll have the opportunity to leverage your quantitative skills to work on challenging projects that have the potential to change the way we trade
- You will work closely with a mentor who will provide guidance, learning opportunities and genuine feedback
- We provide an ideal platform for bright, quantitatively-savvy minds to put their talents to the test in real-world applications
Valkyrie Trading focuses on trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, taking advantage of small price differences in the market. Valkyrie Trading serves a variety of clients, including institutional investors and hedge funds, by providing sophisticated trading strategies and data-driven insights. What sets Valkyrie Trading apart from its competitors is its collaborative culture, where traders, quantitative analysts, and software engineers work closely together to refine trading strategies. The company's goal is to maintain a competitive edge in the fast-paced derivatives market while fostering an environment that encourages creativity and rigorous decision-making.
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2011
6 month growth
↑ 2%1 year growth
↑ 2%2 year growth
↑ 2%
Simplify's Take
What believers are saying
- Working at Valkyrie Trading offers exposure to cutting-edge technology and advanced quantitative analysis techniques.
- The company's lean size and aggressive growth strategy provide ample opportunities for career advancement and significant impact.
- A collaborative work environment encourages creativity and rigorous decision-making, making it an ideal place for driven, data-oriented individuals.
What critics are saying
- The high-risk nature of derivatives trading can lead to significant financial losses, impacting job security.
- The fast-paced, high-pressure environment may not be suitable for everyone, potentially leading to burnout.
What makes Valkyrie Trading unique
- Valkyrie Trading's focus on derivatives and high-frequency trading sets it apart from competitors who may not specialize in these high-risk, high-reward areas.
- Their collaborative culture, which integrates traders, quantitative analysts, and software engineers, fosters innovation and rapid adaptation to market changes.
- The company's commitment to building proprietary technology from the ground up ensures they have unique, tailored solutions that can outperform off-the-shelf systems.
Benefits
Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount