Quantitative Developer Intern

Horizon Trading Solutions is an independent global technology company focused on electronic trading, supporting agency and principal business goals across equities and derivatives. For over 20 years we’ve equipped the most progressive global capital market players with powerful algorithmic technology and direct connectivity to more than 80 exchanges worldwide. Our single multi-asset platform and our unfaltering commitment to client partnership allow us to promise Performance Simplified: making it easy to be the best in trading. Internship Mission: Integration of a Local Stochastic Volatility Model from QuantLib ( 6 months from March 2025) We are offering an internship opportunity in our office located in Paris to integrate a local stochastic volatility model into our pricing software using QuantLib. The intern will work closely with our pricing and engineering experts and be responsible for the following tasks: Model Selection: In collaboration with the pricing experts, analyse and select the most suitable local stochastic volatility model from the range available in QuantLib. Model Calibration: Implement the calibration of the selected model using historical market data. This involves adjusting model parameters to fit real-world market conditions. Documentation: Provide clear and thorough documentation for both the chosen model and the calibration methodology. This will serve as a reference for future use and further development. Performance Testing: Test the performance of the model and the calibration process, assessing their accuracy and computational efficiency. Model Integration: Integrate the chosen model into our software, ensuring it aligns with our system architecture and pricing requirements. This internship provides an excellent opportunity for someone with a background in quantitative finance, and software development. It offers hands-on experience in the integration of advanced financial models, working alongside a team of experts in the field. Profile: Academic Background: Student in a master’s degree looking for a 6-months internship Finance, Financial Engineering, Applied Mathematics, Computer Science, or a related field Strong Analytical and Problem Solving Skills: solid knowledge of financial models, particularly in stochastic processes, volatility modeling, and options pricing. Ability to approach complex problems with a methodical and logical mindset Programming Proficiency: Experience with programming languages such as Python or C++ or Java/Python Familiarity with QuantLib: Prior experience with the QuantLib library is highly desirable but not essential Your technical environment? Horizon Trading Solutions is an independent global technology company focused on electronic trading, supporting agency and principal business goals across equities and derivatives. For over 20 years we’ve equipped the most progressive global capital market players with powerful algorithmic technology and direct connectivity to more than 80 exchanges worldwide. Our single multi-asset platform and our unfaltering commitment to client partnership allow us to promise Performance Simplified: making it easy to be the best in trading. Our platform can handle even the most sophisticated cross-asset algorithmic trading strategies. Trading strategies are evolving day-by-day and traders constantly demand more sophistication and flexibility. The Horizon solution can be integrated to APIs and users can easily build proprietary strategies while keeping their code confidential. We give clients unparalleled control over their algorithmic trading strategies, and the ability to modify the built-in templates. • An application with multi-processes of several millions of lines in Java for the core of our software, • A user interface in Swing using the libraries of JIDE Soft, • Specific bricks in Scala through an integrated platform in our software for specific developments, other technologies as React, Kafka, Stack ELK, JMS, REST, Protobuf, … or languages as C, C++, The benefits of the role : · Work with top-tiers financial firms in a stimulating technical and functional environment ( algorithmic trading platforms, low latency, multi-threading, Real-time systems …) · Integrate a team of highly-skilled and talented professionals and have the opportunity to work on a variety of subjects ( IA, Machine learning, …) · A real human team spirit in an international environment, · Open to remote work up to 2 days a week · Well-being & Green oriented company ( social climate survey, green initiatives, 360 assessment, no dress code…)

Location: Paris, FR

Posted Date: 2/3/2025