2027 Summer Internship – Systematic Execution Research
A summer internship in the execution research group of Brevan Howard's systematic business, which measures and improves how the firm's orders get traded. It sits alongside the portfolio and trading teams that rely on those execution algorithms.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Measure execution performance against benchmarks across asset classes
- Build reports and frameworks that compare different execution strategies
- Apply statistical methods to large trade and market datasets
- Look for improvements to existing trading algorithms and test them
- Query and clean trade data using SQL or KDB/q
What they ask for
Required
- Strong maths and quantitative problem-solving
- Python programming
- Excel and VBA
- R
- Interest in financial markets and products
- Clear written and spoken English
- Enrolled as penultimate-year undergraduate, or first-year master's/PhD
Preferred
- Linux
- SQL
- KDB/q
- Education
- Penultimate-year undergraduate, or first-year master's or PhD student, finishing before July 2028
- Experience
- Students; no prior experience stated
- Languages and tools
- Markets
- equities, futures, fx, fixed-income
How to prepare
- Run a transaction-cost analysis in Python on public or simulated trade data (slippage, implementation shortfall)
- Learn how limit order books work and how common execution algorithms (TWAP, VWAP) behave
- Practise SQL on time-series data and try a first KDB/q tutorial
- Write a short report comparing two execution strategies, with confidence intervals
- Study basic market impact models, such as square-root impact
What to study
- Market Microstructure and Execution
- Probability, Statistics and Financial Data
- Python for Quantitative Finance
- Trading Systems and Low-Latency Infrastructure
The HFT Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Brevan Howard’s site before applying: requirements, location and pay can change after we check them.
View the posting on Brevan Howard’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Brevan Howard and doesn’t handle applications.