Full-Time

Algo Developer

Confirmed live in the last 24 hours

Hudson River Trading

Hudson River Trading

501-1,000 employees

Algorithmic trading firm for institutional clients

Compensation Overview

$175k - $300k/yr

+ Bonus

Junior, Mid

New York, NY, USA

In Person

Category
Algorithm Development
Quantitative Research
Quantitative Finance
Required Skills
C/C++
Requirements
  • Brilliant analytical and problem solving skills
  • Ability to work creatively and independently on long-term technical problems
  • Familiarity with the C++ programming language
  • Bachelor's degree in Math, CS, Stats, Physics, or related field
  • Capable of working independently as well as part of a team
  • Can analyze and fix problems quickly
  • Learns quickly and applies new skills effectively
Responsibilities
  • Build and maintain models that drive trading
  • Apply rigorous statistical analysis to vast quantities of market and financial data
  • Produce predictive trading models
  • Run models live on high-performance trading infrastructure
  • Analyze daily performance of models to maintain ongoing profitability
  • Research, develop, and test novel order execution and model training methods to increase trading efficiency

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. 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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