Job Overview
Job description
- Location:
- New York
- Work arrangement:
- On-site
Role Summary
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
DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes 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.
About the Company
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.
- Role:
- Quantitative Trading Intern - Summer 2027 (DV Equities)
Company profile
DV Trading
dvtrading.coDV Trading is a North American-based proprietary trading firm that trades with its own capital on derivatives and securities exchanges worldwide, acting as both a liquidity maker and taker. Dino Verbrugge co-founded it in 2006 as a proprietary trading division of a US futures commission merchant, and it spun out as an independent firm in 2016. Run from its headquarters in Chicago, DV Trading and its affiliates have over 500 traders and staff in offices around the globe, and the wider DV group includes broker dealers, a cryptocurrency market making firm and investment management firms.
- Headquarters
- Chicago, Illinois, United States
- Founded
- 2006
- Founders
- Dino Verbrugge, Jared Vegosen