Campus Programs | Quantitative Trader Program & Internship

Quantitative Trader ProgramProgramme

Education

SIG’s commitment to education has given us the reputation of having best-in-class trader development in the industry. We conduct a challenging interview process to identify students who will thrive in our environment. Once you are here, you will work in a collaborative and collegial atmosphere while learning how to make positive expectancy decisions in the financial markets.

Classroom Education

As a new Quantitative Trader, you will receive education directly from one of SIG's founders, our former Head of Quantitative Research, and a team of experienced traders who are dedicated full time to your development. You will learn about decision science, game theory, and capital markets. You will have a mentor on your trading desk who will help you understand how the concepts you learn in class are connected to the real-time trading on the desk.

Mock Trading

You will learn how to make trading decisions by simulating the floor of an open-outcry exchange. After learning how to approach the trades, you will continue learning in an electronic trading environment.

See how we teach traders to make decisions in simulated markets through mock trading

“Mock trading was one of the neatest things I got to experience at SIG. It is an intellectual gladiatorial arena. I spent weeks learning about options, and mock trading gave me the chance to employ my knowledge in a simulated environment. Having to rely on quick thinking, cleverness, and intuition to price options and interpret order flow was a rush. There’s nothing better than realizing you can do something that once seemed out of reach. After trading in mock, the notion that you will soon be trading real options in the marketplace feels exciting and achievable.”

– SIG Algo Intern

Strategic Games

At SIG, we believe trading is all about making decisions under uncertainty. You will learn how to apply things like probability, odds, and expectancy by playing strategic games regularly with senior traders.

Check out how playing poker can translate to trading at SIG

“Variance is a part of poker, which means that sometimes you play a hand well and lose, or play a hand poorly and win. Trading works similarly, a trade can either go well or poorly due to luck. It’s important to analyze trades based on the decisions made instead of the outcome. It’s good decision making that allows traders to be profitable in the long run.”

– SIG Options Trader

Education

SIG’s commitment to education has given us the reputation of having a best-in-class trader development programme in the industry. We conduct a challenging interview process to identify students who will thrive in the programme. Once you are here, you will work in a collaborative and collegial learning environment to learn how to make positive expectancy decisions in the financial markets.

Classroom Education

As a new quantitative trader, you will spend 18 months in a programme that is run by senior traders. You will be part of a trading desk during market hours, but you will continue learning in the classroom immediately after the market close. You will learn about decision science, game theory and capital markets in order to prepare you for mock trading and reinforce what you are learning on the desk.

Mock Trading

Strategic Games

Quant Research Project

Partnering with senior level quant, you will develop your own trading strategy. You will work in a small team to form a hypothesis and back test your idea, while receiving feedback from quants. At the end of the project, your group will present your strategy to SIG's desk heads, team leads, and managing directors.

Trading Internship Programme

This is our primary hiring source for full-time trading positions at SIG. The goal of this 10-week summer program is to expose you to the working environment that you can expect if you return to SIG as a full-time quantitative trader.

Intern Education

Education is the cornerstone to our success. As a trading intern, you will participate in daily education where you will learn option theory, poker, and mock trading to learn how to become a better decision maker under uncertainty.

Learn how our trading interns help the traders on their desks improve trading strategies

“On my first day, I had a meeting with the head of my desk, who assigned me meaningful projects right off the bat. By my second week, I was used to traders, quants, and developers coming over to talk to me about a report I had sent out, or being called over by someone so I could learn another skill to use in my work. The environment was collaborative and encouraging. The work was important and interesting. I truly felt that the company appreciated my presence and contributions, never making me feel undervalued just because I was an intern. My time at SIG taught me that work can be fun and engaging, and I came out of the summer with a host of new friends and new knowledge.”

– SIG Algo Intern

Interns on the Trading Floor

Interns are placed on a specific trading desk in one of our offices in either the Philadelphia area, New York or Chicago. You are assigned projects to help your desk tackle unsolved problems. Projects can be related to analyzing trade data, improving efficiency, or creating new tools for the traders. In the process, you will expand your knowledge of the products we trade and the technology we use. Most importantly, you spend significant time sitting with traders on the desk learning how they make decisions and assess risk.

Intern Perks

Relaxed dress code: jeans and sneakers are the norm, shorts all summer long
Food, beverages, and snacks available all day
A 9,000 square-foot gym with cardio, cross fit and strength machines, plus yoga and indoor cycling classes
Discounts for dining, entertainment, shopping, travel, and attractions
Social events including a poker tournament, dinners, and sporting events in Philadelphia
On-site Wellness Center staffed with full-time Nurse Practitioner
On-site services such as barber, dry cleaning and laundry, auto repair and detailing, and ATM
Free housing is provided

This is our primary hiring source for full-time trading positions at SIG. The goal of this 10-week summer programme is to expose you to the working environment that you can expect if you return to SIG as a full-time quantitative trader.

Intern Education

Education is the cornerstone to our success. As a trading intern, you will participate in daily education where you will learn option theory, poker and mock trading to learn how to become a better decision maker under uncertainty.

Interns on the Trading Floor

Each intern is assigned to a specific trading desk. You are assigned projects to help your desk tackle unsolved problems. Projects can be related to analysing trade data, improving efficiency, or creating new tools for the traders. In the process, you will expand your knowledge of the products we trade and the technology we use.

Intern Perks

Fully stocked kitchens for drinks, snacks and breakfast. Catered lunch every day
Relaxed dress code
Game room with game tables (poker, pool, ping pong, etc.)
Gym for work-outs and fitness classes
Social events such as team dinners and sporting events

Apply Here