INTERNSHIP CUM EMPLOYMENT PROGRAM
You will learn about various markets and products while working alongside salespeople and traders to gain greater exposure and insight into the opportunities available within Algorithmic Trading. You will leverage and learn from Company's global expertise. You will interact and socialize with Company colleagues, creating your own professional network and rounding out an unbelievable learning experience. Each desk has different roles and responsibilities, but during this finance internship, you will receive top-notch training and may be exposed to some of the same assignments as full-time Analysts.
As part of this program, you will be assigned to a Trading, Strategy/Quantitative or Markets Research role specializing in either a cash or derivative product.
As an intern, your responsibilities may include, but are not limited to:
Strategy/Quantitative: Create customized investment strategies using conventional cash and derivative credit products; learn to structure complex products in unique ways and use creativity to come up with new products to match the needs of clients.
Markets Research: Perform quantitative analysis to develop relative value trade ideas for external clients and internal trading desks; play an active role in idea generation and may have the opportunity to contribute to publications, research notes and client seminars; interact with sales and trading desks to reinforce the real-time relevancy of your work.
Application Development:- Perform responsible for design and development of trading systems for in-house proprietary traders to implement Algorithmic Trading strategies in C, C++, C#, VBA Excel etc. Read More....
What is Algorithmic Trading ?
Technology is getting more and more advanced now a days and traders are leveraging more and more on Automated Trading to assist them to manage their funds and to gain more and more profit in the financial markets. This Automated Trading is known as Algorithmic Trading, it is the highest demanding field of Finance. In this Finance Internship you will learn the fundamentals of Algorithmic Trading and also the technological solutions for implementing them. This program covers the gamut of algorithmic trading from programming the various components to creating strategies.
Algorithmic trading is the process where ideas are turned into mathematical models and then coded into computer programs for systematic trading. It is a science where investment, trading, mathematics and computer sciences meet. The computer algorithms are designed based on the historical performance of the strategy back‐tested against historical data.
The objective of this Finance Internship is to introduce students with a comprehensive overview of all aspects of algorithmic trading and execution. It is designed for both buy and sell-side market. This internship involves a top-down approach to algorithmic trading, in which we will equip students with the identification of target markets and trading styles for algorithmic trading, identified the factors driving the growth of electronic trading with an overview of Electronic and Algorithmic Trading, designing trading strategies and their algorithmic components.
Modrika invites you for exclusive Finance Internship program of 6 months in Algorithmic Trading where you will get detailed knowledge of finance driven by technology. This Finance Internship comes to you at no extra cost as you will be earning back your whole training fee back during internship.
Technologies and Fields available:-
Fields available to real application in Algorithmic Trading and Quant Trading:-
B) Algorithmic Trading-
Module 1:- It is intentional to relinquish participants a encyclopedic overview of algorithmic trading. They will see the infrastructure required, and the different types of algorithmic trading exploited in the market, including the risks embroiled in algorithmic trading, and what the early holds for recursive trading. It does not compel precise technical or quantitative skillfulness as the module covers the elements of algorithm design and their goods ingredients without leaving into formulas and diverging into troubling quantitative discussions. It would appropriate participants to explore any algorithmic trading strategies through hands- on sessions at trading terminals set up for apiece participant.
Module 2:– Backtesting and Quantitative Analysis provides participants with the quantitative skills to modify their ideas about trading into algorithms and back-test these trading strategies rigorously.
Module 3:- Quant Trading Strategy Development equips participants with the set concepts and quantitative techniques used in the delivery of generating and analyzing a trading strategy. The trading strategies that present be crustlike include the Hidden Markov strategy, several pair trading strategies, and the trend following strategy. Key risk management and portfolio optimization concepts will also be reviewed.
Module 4:- Operations, Trading Systems and Infrastructure wage participants with an intense faculty of algorithmic trading systems used in trading firms and arcades. Participants give translate the burning factors to conceive when choosing the right broker or service provider for trading needs, and the key considerations when designing, implementing and operative trading method infrastructure.
C) Quant Trading-
D) Statistician and Mathematician-
What Interns will receive:-
Career Opportunities after Finance Internship :-
Duration & Cost of the Finance Internship Program:-
You'll spend approximately 4-6 weeks working with top professionals as they advise and facilitate transactions with institutional clients. Cost will be starting Rs. 4,900 including taxes.