Quantitative Trading Intern - Summer 2027 (DV Equities)

DV Trading; New York (NY); On-site; USD 57,000 - 81,000; Part time

Benefits offered by this job

Health insurance

Job summary

DV Trading in New York is offering a Quantitative Trading Intern position for Summer 2027. You will work with DV Equities trading teams, building and backtesting models, analyzing market data, and refining systematic strategies under senior traders and researchers.

The role focuses on data-driven research, real-time monitoring, and clear communication of findings. Ideal candidates are pursuing a quantitative degree with Summer 2027 or 2028 graduation, strong Python skills (C++ preferred), and

Qualifications

• Pursuing a Bachelor's, Master's, or PhD in a quantitative field with expected graduation by Summer 2027 or Summer 2028.
• Strong interest in quantitative trading and systematic strategy development.
• Strong proficiency in Python; experience with C++ is highly preferred.
• Familiarity with probability, statistics, and time-series analysis.
• Experience with Excel and data analysis tools.
• Excellent communication and collaboration skills; strong work ethic.

Responsibilities

• Build, backtest, and refine quantitative trading models using historical market data.
• Analyze large datasets to identify patterns, inefficiencies, and alpha signals.
• Monitor real-time trading positions and assist with risk management and parameter adjustments.
• Collaborate with researchers and software developers to implement strategies into low-latency infrastructure.
• Oversee and improve daily trading processes and P&L attribution.
• Identify new market opportunities through data-driven research.
• Prepare reports and presentations summarizing findings and recommendations.

Skills

Python

C++

Excel

Time-series analysis

Data analysis

Communication

Collaboration

Education

Bachelor's/Master's/PhD in quantitative field

Job description

Quantitative Trading Intern - Summer 2027 (DV Equities)

New York

About Us :
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:
As a Quantitative Trading Intern, you will work with our DV Equities trading teams and gain exposure to our proprietary methodologies and trading systems. You will build and backtest quantitative trading models, analyze high-frequency market data to identify predictive signals, and collaborate with traders and researchers to refine systematic strategies. You will also monitor daily trading processes, analyze and resolve discrepancies in trade positions and P&L attribution, and identify new market opportunities through data-driven research.

Trading interns work in a relatively flat organizational structure and are mentored by senior traders and quantitative researchers.

Responsibilities:

• Build, backtest, and refine quantitative trading models using historical market and orderbook data
• Analyze large datasets to identify patterns, inefficiencies, and alpha signals for systematic strategy development
• Monitor real-time trading positions and market conditions, assisting traders with risk management and parameter adjustments
• Collaborate with quantitative researchers and software developers to implement strategy prototypes into the firm's low-latency execution infrastructure
• Oversee and improve daily trading processes as needed
• Analyze and resolve discrepancies in trade positions and P&L attribution
• Identify new market opportunities through data-driven research
• Prepare clear reports and presentations summarizing research findings, trading performance, and recommendations

Requirements:

• Pursuing a Bachelor's, Master's, or PhD in a quantitative field (Mathematics, Statistics, Computer Science, Physics, Engineering, Economics, or related), with an expected graduation by Summer 2027 or Summer 2028
• Strong interest in quantitative trading, systematic strategy development, and financial markets
• Strong proficiency in Python; experience with C++ is highly preferred
• Familiarity with probability, statistics, and time-series analysis
• Prior exposure to financial markets, trading, or quantitative research (through internships, academic projects, or competitions) is highly preferred
• Proficiency with Excel and data analysis tools
• Strong work ethic and ability to learn quickly in a fast-paced, high-pressure environment
• Excellent communication and collaboration skills

Compensation: $50.00 per hour

DV is not accepting unsolicitedresumesfrom search firms. Only search firms with valid, written agreements with DV should submitresumesin response to DV’s posted positions. Allresumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in DV Trading’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.