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Internship - Quantitative Strategist

  • Internship
    Full-time
    Summer Internship
  • Data
    Research & Development
  • New York

AI generated summary

  • You should have an advanced degree in a quantitative field, strong GPA, exceptional math skills, programming expertise (C/C++, Python), and a keen interest in financial markets.
  • You will analyze large trading data sets, collaborate with senior team members, discover patterns to enhance trading algorithms, and complete 1-2 projects across different groups.

Requirements

  • Advanced degree (preferably PhD) in Science, Math, Engineering or other quantitative field
  • History of diverse, challenging, and interesting coursework paired with a strong GPA
  • Exceptional quantitative, mathematical, and problem-solving skills
  • Great communication skills and the ability to collaborate with peers
  • Ability to solve technical and or quantitative problems under pressure
  • Ability to express ideas mathematically and algorithmically
  • Strong programming skills (especially C/C++ and Python, Pandas)
  • Intellectually curious and self-motivated
  • Ability to communicate within and across teams, at a high and low level, on both technical and non-technical subjects
  • Ability to seek guidance and learn new skills from peers
  • Extraordinary mental flexibility and a high tolerance for ambiguity
  • Strong drive for success within a collaborative team
  • Interest in financial markets

Responsibilities

  • Our Quantitative Strategists and Researchers are an integral part of the algorithmic research team, working to improve Virtu's trading algorithms through transforming large data sets into usable trading models.
  • Interns will work directly with senior members of the team on our trading strategies used in Virtu's customer market making business.
  • Interns in this track will apply their quantitative analysis and research skills to discover patterns that can potentially improve our trading algorithms.
  • Through these projects, interns will learn about Virtu's market making business, learn to apply basic data analysis tools to large trading data sets and be pushed to think out of the box for trading ideas.
  • Each intern will complete one to two projects which could come from different mentors and groups.

FAQs

What is the duration of the internship program?

The internship program lasts for 10 weeks, starting from June 9th, 2025, to August 15th, 2025, with some flexibility if needed.

Where are the internship locations?

The internship locations are in Austin and New York.

What kind of projects will interns be working on?

Interns will work on real quantitative problems related to improving Virtu’s trading algorithms, applying their analysis and research skills to large trading data sets.

What kind of training is provided during the internship?

Interns will receive ongoing training throughout the summer, with a dedicated training week held in either New York or Austin.

Are there any perks included in the internship?

Yes, perks vary by location and may include an onsite gym and workout classes, an onsite barista, weekly happy hours/social events, breakfast and lunch, and transportation.

What qualifications are required for the internship?

Applicants should have an advanced degree (preferably a PhD) in Science, Math, Engineering, or another quantitative field, along with strong quantitative and programming skills.

What programming languages should applicants be proficient in?

Applicants should have strong programming skills, particularly in C/C++ and Python, as well as familiarity with Pandas.

How will the recruitment process be conducted?

After an initial resume screening, candidates will be asked to complete an online programming test via Hackerrank. Following the test review, suitable candidates will be contacted for next steps.

What is the salary range for this internship?

The salary range for the internship is between $4,500 and $5,500 weekly, exclusive of sign-on bonuses, housing, meals, benefits, or other forms of compensation.

Is there an emphasis on diversity and inclusion within the company?

Yes, Virtu Financial is committed to maintaining a diverse and inclusive workplace and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, veteran status, disability, age, or other legally protected status.

Transparent trading solutions meet advanced technology

Finance
Industry
501-1000
Employees
2008
Founded Year

Mission & Purpose

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. We combine our market structure expertise and execution technology to provide deep liquidity and competitive bids and offers in over 19,000 securities, at over 235 venues in 36 countries and unrivaled execution technology to our clients, while creating more efficient and stable markets worldwide. We strongly believe that transparency enables market participants to make better, more informed decisions while making markets more efficient. We strictly adhere to our core set of client values with each and every trade: Transparency, Reliability & Virtue.