Quantitative Trading Analyst Intern at DRW

Chicago, Illinois, United States

DRW Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Finance, Biotechnology, TradingIndustries

Skills

Key technologies and capabilities for this role

PythonQuantitative AnalysisAnalytical SkillsProblem-SolvingMachine LearningData AnalysisRisk ManagementTrading Strategies

Questions & Answers

Common questions about this position

What are the locations for this internship?

The internship takes place in Chicago, Greenwich, and New York, with evenings spent exploring the city through organized social events.

What education is required for this role?

Candidates must be pursuing a bachelor’s, master’s, or PhD in mathematics, economics, physics, statistics, computer science, or any engineering-related field, with an expected graduation between December 2026 and June 2027.

What programming skills are needed?

Proficiency in Python programming is required.

What is the company culture like for interns?

The culture emphasizes small teams, collaboration with senior traders and researchers, meaningful project-based learning, social events, team-building activities, mentorship, and a fast-paced competitive environment.

What makes a strong candidate for this internship?

Strong candidates have advanced quantitative and analytical skills, proficiency in Python, self-motivation, a passion for financial markets, and strong communication skills to thrive in a fast-paced environment with significant responsibility.

DRW

Proprietary trading and risk management firm

About DRW

RGM Advisors engages in proprietary trading using its own capital to operate in various financial markets. The firm focuses on developing trading strategies that utilize advanced technology and data analytics to manage risk and pursue high returns. By serving institutional clients such as hedge funds and investment banks, RGM Advisors maintains a flexible business model that allows it to trade its own money, rather than clients' funds. This approach enables better risk management and the ability to generate revenue through trading profits, achieved by employing sophisticated algorithms and market-making strategies. RGM Advisors is distinguished by its global presence and its commitment to attracting top talent, providing them with the tools needed to excel and rewarding exceptional performance.

Chicago, IllinoisHeadquarters
2001Year Founded
M_AND_ACompany Stage
Quantitative Finance, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Daily catered breakfast & lunch
Massages
Social events
Gym subsidy
Flexible work arrangements
Monthly tastings
Game room
On-site yoga classes and meditation
Employee led affinity groups
Mentor/mentee outings
Trivia nights
Educational opportunities
DRW-sponsored sports teams
Poker tournament
Private mother's suite

Risks

Increased competition from algorithmic trading firms may erode DRW's market share.
Cryptocurrency market volatility poses risks to DRW's crypto-assets strategy.
Talent war in tech and finance sectors may impact DRW's ability to retain top talent.

Differentiation

DRW combines technology, research, and risk management for diversified trading opportunities.
They operate using their own capital, allowing quick pivots to capture opportunities.
DRW has expanded into real estate, venture capital, and crypto-assets.

Upsides

Machine learning algorithms enhance predictive accuracy and risk management in trading.
DeFi platforms offer new opportunities for higher returns in crypto-assets.
Quantum computing revolutionizes trading strategies with faster, complex data analysis.

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