--- title: 'Algorithm Developer (Quant Research & Trading) – 2027 Grads at Hudson River Trading' canonical: 'https://feeny.ai/job/algorithm-developer-quant-research-trading-2027-grads-hudson-river-trading-7sz233tz92dw' type: 'job' last_seen: '2026-09-11' --- # Algorithm Developer (Quant Research & Trading) – 2027 Grads at Hudson River Trading - **Company:** Hudson River Trading - **Location:** London, United Kingdom / New York NY, United States / Singapore - **Posted:** 2026-07-13 - **Last confirmed live:** 2026-09-11 - **Apply:** https://www.hudsonrivertrading.com/careers/job/?gh_jid=8052050 ## Job description Hudson River Trading (HRT) is seeking exceptional quantitative thinkers to join our Algorithm Development teams in New York, London, and Singapore. Algorithm Developers at HRT are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and financial data to produce predictive trading models. In this role, you will work alongside fellow Algorithm Developers and Software Engineers to research, develop, and test novel order execution and model training methods to increase trading efficiency. This will involve running models live on our high-performance trading infrastructure and analyzing daily performance to maintain ongoing profitability. Ideal candidates are strong researchers eager to learn new skills, who can work both independently and collaboratively to solve problems efficiently. ## Qualifications - You are a full-time undergraduate or masters student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2027 - Experience programming in Python and/or C++ - Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB - A passion for applying quantitative models and technology toward solving real-world problems - Brilliant analytical and problem-solving skills - Ability to work creatively and independently on long-term technical problems Base salary for US is $300,000. Other locations have similarly locally competitive base salaries. A sign-on and discretionary performance bonus will be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits. We do not allow multiple applications. Please apply to the ONE role you are most interested in and we will consider you for all open positions when reviewing your application. Culture Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading. At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office. Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you. Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended. ## About Hudson River Trading ## Company Overview - **One-liner**: Hudson River Trading (HRT) is a multi-asset class quantitative trading firm that builds automated trading algorithms to provide liquidity on global markets. - **Entity Type**: Private (no public ticker; no external funding rounds disclosed) - **Headquarters**: New York City, New York, USA - **Founded**: 2002 - **Founders**: Not publicly disclosed (current owner is Jason Carroll) ## Core Business - **Primary industry**: Financial services – algorithmic trading and market making. - **Target customers**: Institutional market participants, exchanges, and liquidity consumers (B2B). The firm trades on over 200 markets worldwide. - **Mission/purpose**: “We are thoughtful market leaders, committed to the health and longevity of global markets.” [hudsonrivertrading.com](https://www.hudsonrivertrading.com/) ## Products & Services - **Automated Trading Algorithms**: Proprietary models developed by mathematicians, physicists, and software engineers to execute trades across equities, futures, options, and other asset classes. Emphasis on statistical analysis and high-performance infrastructure. - **Market Making**: HRT provides two-sided liquidity on electronic exchanges, holding about 25% of capital overnight with an average holding time of roughly five minutes (distinct from stereotypical high-frequency trading firms). [wikipedia.org](https://en.wikipedia.org/wiki/Hudson_River_Trading) ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed. - **Key Metric**: In Q1 2021, HRT generated approximately **$1.2 billion** from trading, amid heightened market volatility (Bloomberg report). [wikipedia.org](https://en.wikipedia.org/wiki/Hudson_River_Trading) - **Notable Investors/Partners**: No external investors (private, founder-owned). Member of the Principal Traders Group (Futures Industry Association). Acquired competitor Sun Trading in 2018. - **Growth Signals**: Employs over 800 people across offices in New York, Chicago, Austin, Boulder, London, Singapore, Shanghai, Mumbai, and Dublin. Continues to hire aggressively for roles in software engineering, algorithmic development, and research (130+ open roles as of mid-2026 per career page). [hudsonrivertrading.com/careers](https://www.hudsonrivertrading.com/careers/) ## Competitive Advantages - **Advanced technology stack**: HRT’s distributed system is on the Pareto frontier of latency and throughput, giving researchers and engineers a unique platform for fast experimentation. - **Collaborative culture**: Unlike many prop trading firms, HRT emphasizes shared R&D and cross-team cooperation (“the best ideas are born in a shared research and development environment”). - **Ethical stance**: Internal code of ethics that exceeds regulatory requirements; transparent market participation (<1% of trading in dark pools). - **Diversified strategies**: Multi-asset, multi-timeframe trading reduces single-point risk and enables resilience. ## Strategic Focus - **Talent acquisition**: Actively recruiting from top math, computer science, and physics programs, as well as experienced engineers from big tech (Wall Street Journal noted HRT’s efforts to attract talent from Silicon Valley). - **Global expansion**: Continued office openings in Asia and Europe to access more markets and liquidity pools. - **Infrastructure investment**: Ongoing development of low-latency, high-throughput systems to maintain a competitive edge in algorithmic trading. ## Why Work Here - **Culture**: HRT describes itself as “a small tech company with a big impact” – a community of curious, collaborative problem-solvers. Core values include automation & efficiency, make it better, togetherness, and inclusivity. [hudsonrivertrading.com/life-at-hrt](https://www.hudsonrivertrading.com/life-at-hrt/) - **Hybrid/remote policy**: Majority of teams adopt an even split between in-office and remote work; some roles require full-time presence. Relocation assistance is available. - **Perks & benefits**: Company-paid medical/dental (no premiums), 401k/pension matching, generous parental leave (via Progyny), caregiver support (Vivvi), fitness centers/reimbursement, daily catered meals, coffee bar, and regular social events (company trips, happy hours, volleyball tournaments). - **Engineering environment**: Strong emphasis on C++, Python, OS internals, CPU architecture, and networking. Engineers work on everything from high-frequency trading engines to research infrastructure. ## Sources 1. [hudsonrivertrading.com](https://www.hudsonrivertrading.com/) – Company overview, mission, and philosophy. 2. [hudsonrivertrading.com/careers](https://www.hudsonrivertrading.com/careers/) – Job types, locations, and role descriptions (Algo Developer, Software Engineer, Algo Software Engineer). 3. [hudsonrivertrading.com/life-at-hrt](https://www.hudsonrivertrading.com/life-at-hrt/) – Benefits, culture, diversity & inclusion, work environment. 4. [wikipedia.org](https://en.wikipedia.org/wiki/Hudson_River_Trading) – History, business model, trading statistics (5% of US trading in 2014, Q1 2021 revenue, acquisition of Sun Trading). ## Other roles at Hudson River Trading - [Senior International Tax Specialist](https://feeny.ai/job/senior-international-tax-specialist-hudson-river-trading-new-york-ny-kpyz2dz3w39b) — New York NY, United States - [Campus Recruiter](https://feeny.ai/job/campus-recruiter-hudson-river-trading-london-dpvymkf5f5z0) — London, United Kingdom - [Risk Engineer](https://feeny.ai/job/risk-engineer-hudson-river-trading-new-york-ny-9jgm1kg15pwn) — New York NY, United States - [Data Center Engineer](https://feeny.ai/job/data-center-engineer-hudson-river-trading-norway-ee1ggdx54d56) — Norway - [Junior Electronic Trading Support Engineer](https://feeny.ai/job/junior-electronic-trading-support-engineer-hudson-river-trading-singapore-873eh8jev286) — Singapore - [Junior Electronic Trading Support Engineer](https://feeny.ai/job/junior-electronic-trading-support-engineer-hudson-river-trading-austin-tx-qj22557n4ea0) — Austin TX, United States / Chicago Illinois, United States / Dublin, Ireland / London, United Kingdom / New York NY, United States - [Hardware Engineer Internship - Summer 2027](https://feeny.ai/job/hardware-engineer-internship-summer-2027-hudson-river-trading-new-york-ny-3b52vnynjdga) — New York NY, United States - [Design Verification (DV) Engineer - 2027 Grads](https://feeny.ai/job/design-verification-dv-engineer-2027-grads-hudson-river-trading-new-york-ny-b9csc99htsdq) — New York NY, United States - [Hardware Design Engineer - 2027 Grads](https://feeny.ai/job/hardware-design-engineer-2027-grads-hudson-river-trading-new-york-ny-s0dh7w0gq9fh) — New York NY, United States - [Global Real Estate Lead](https://feeny.ai/job/global-real-estate-lead-hudson-river-trading-new-york-ny-n05xpt61cxmw) — New York NY, United States