Quantitative Trading Analyst Intern
Global principal trading firm; parent of Cumberland (crypto market maker).
Chicago, Illinois, USA
About DRW
DRW (drw.com) is a Chicago-based global principal trading firm across asset classes; its crypto arm is Cumberland, a leading digital-asset market maker.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will gain exposure to trading and technology while developing and improving trading strategies. You will conduct market research, analyze macroeconomic and tick data, apply machine learning techniques, track positions, calculate risk, analyze theoretical values, and collaborate with traders, technologists, and quantitative researchers.
Requirements
- Pursuing a bachelor's, master's, or PhD in mathematics, economics, physics, statistics, computer science, or an engineering-related field
- Expected graduation date between December 2027 and August 2028
- Advanced quantitative, analytical, and problem-solving skills
- Ability to apply quantitative skills in time-sensitive situations
- Proficient programming in Python
- Passion for financial markets
- Strong communication skills
Responsibilities
- Collaborate with senior traders, technologists, and quantitative researchers to develop and improve trading strategies
- Identify and research market research projects using analytical tools
- Curate and analyze macroeconomic data
- Apply machine learning techniques to market tick data for automated trading
- Track positions and calculate risk
- Analyze theoretical values
Benefits
- Organized social events
- Educational activities
- Team-building activities
- Fully furnished apartments located close to the office
- Options course
- Technology immersion course