Quantitative Research Intern: Market-Making & Options

Marex; Paris; Hybrid; EUR 12,000 - 18,000; Part time

Job summary

Marex invites a Master-level candidate to join the Algo and Flow team in a research internship focused on systematic equity options market making. You will work with traders, quants and developers to enhance volatility surface models and automated quoting, gaining hands-on exposure to a live trading system.

Based in Amsterdam with a strong Paris presence, the internship lasts at least 6 months and targets students pursuing a quantitative Master’s degree or a gap year after graduation.

Qualifications

• Currently pursuing a Master degree in a quantitative field (mathematics, financial engineering, or similar).
• Solid programming skills in Python, including pandas and NumPy.
• Strong foundations in probability, statistics, and numerical methods.
• Good understanding of options theory: pricing models, greeks, implied volatility dynamics and volatility surface construction.
• Prior trading, research, or quant internship experience is a plus.

Responsibilities

• Analyse the quality of our volatility surface fits across underlyings, identify and implement improvements.
• Study quoting performance (spreads, fill rates, adverse selection, capture) and propose data-driven changes to make our markets tighter and more competitive.
• Support production monitoring of the automated trading system, helping to flag anomalies, investigate issues, and improve alerting and dashboards.
• Build analysis tools and scripts in our research environment to make this work repeatable.
• Present findings and recommendations to the desk.

Skills

Python

Pandas

NumPy

Probability

Statistics

Numerical methods

Options theory

Trading internship experience

Quantitative analysis

Education

Master degree in quantitative field

Tools

Python

Pandas

NumPy

Job description

Marex invites a Master-level candidate to join the Algo and Flow team in a research internship focused on systematic equity options market making. You will work with traders, quants and developers to enhance volatility surface models and automated quoting, gaining hands-on exposure to a live trading system.

Based in Amsterdam with a strong Paris presence, the internship lasts at least 6 months and targets students pursuing a quantitative Master’s degree or a gap year after graduation.