As a Quant Research intern at Caladan, you will gain first-hand experience working closely with top quants, engineers and traders as part of small teams doing real work.
Close to 40% of our Trading & Engineering teams are former interns and have gone on to a wide variety of roles, some are now even acting as mentors for the next group of interns!
Dates
Our experience is that internships prove most valuable when interns have context and are comfortable within the environment so we prioritise those that are able to commit to longer internships from May - December 2025.
In 2025 we are looking for interns to embed into two of our Trading teams:
Market Making
- Exploring market microstructures to identify patterns & inefficiencies that can be translated into profitable trading strategies
- Developing statistical & machine learning models to predict market behaviour
- Monitoring live trading performances, looking for opportunities to refine & adapt strategies to evolving market conditions.
- Performing rigorous backtesting to ensure robustness and scalability of strategies
Options
- Develop pricing libraries for exotic options and derivatives, ensuring scalability and integration.
- Build utility libraries for backtesting and simulating market conditions to optimise trading strategies.
- Conduct quantitative research to develop and backtest new trading strategies in options markets.
- Analyse large datasets, uncover market inefficiencies, and refine strategies for evolving conditions.
Who is this aimed at?
- 3rd or 4th year undergraduates, Masters or PhD students studying a quantitative field such as Mathematics, Statistics, Computer Science, Physics or Financial Engineering
- Proficient programmers with hands on experience coding in Python, C++ or C# and familiarity with large datasets
- Market participants with an understanding of stochastic processes, derivatives pricing and quantitative finance.
Internship Outcomes
- Enhance research skills; learn to design, optimise, and backtest trading strategies based on market analysis.
- Gain hands-on experience working with engineers and traders to integrate research models into production systems.
- One-on-one mentoring with an experienced Quant
- Learn how Quants & Traders approach problems, interrogate data and formulate hypothesis
About Caladan
Caladan makes digital asset markets more efficient and fair. We support exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments. Since 2017 we've been a pioneer in crypto market-making, powering over $50B in annual transactions across 1000+ assets.