Equity Volatility Quant Researcher Intern (Summer 2026)

Position: Equity Volatility Quant Researcher Intern (Summer 2026)

Location: Miami, FL

Company Overview:

Walleye Capital is a $9 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices. Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Fundamental Equities, Quant, and Volatility strategies.

At Walleye, we continuously innovate by focusing on three core principles: approach, platform, and people. Our approach is to allocate risk capital where we believe there is not only a compelling opportunity, but also a clear ability to define our tangible edge. We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure, technology, and our balance sheet to do so in a structurally advantageous way. Our platform, developed over two decades, is central to our operations, evolving alongside business complexities and technological advancements to support our team’s success. Our people are our greatest asset, and we’ve cultivated an environment that attracts top talent by balancing autonomy with collaboration, and intelligence with integrity.

Position Overview:

Walleye Capital is seeking exceptional Quant Researcher Interns to join its longest-standing business, Equity Volatility, for Summer 2026. We make markets in U.S. single stock and index options, running a diverse set of strategies – systematic and discretionary, grounded in both quantitative rigor and qualitative insight. With a strong foundation, our group operates at the frontier of innovation – continually evolving our strategies and infrastructure as the options landscape grows in scale, complexity, and opportunity.

This high-impact internship is designed for deeply analytical, technically adept students with a strong intellectual curiosity about options markets. Interns will play a meaningful role in advancing quantitative research projects that drive real-world trading decisions. Structured to reflect the responsibilities of a full-time quant researcher, the program offers immersive, hands-on exposure to our end-to-end research and trading workflows, providing an authentic and rigorous experience at the intersection of theory and execution.

The internship is 10 weeks in length and will take place in Miami from June to August 2026.

Responsibilities:

• Build a strong foundation in options markets through both an academic and a practitioner’s lens.
• Keep up to date on major macro developments and market-moving headlines, with a focus on understanding their implications for trading decisions and portfolio risk.
• Collaborate with seasoned portfolio managers and quantitative researchers specializing in single-stock and index volatility strategies.
• Perform various quantitative research tasks and projects using large-scale volatility datasets.
• Enhance research infrastructure and tools for trading and risk management.
• Perform an internship-long project investigating a live systematic strategy.

We seek individuals who:

• Are pursuing an undergraduate or non-MBA advanced degree in a quantitative field, with an expected graduation date between December 2026 and June 2027.
• Possess strong programming skills—particularly in Python —and hold experience working with large datasets, APIs, or databases.
• Demonstrate rigorous analytical thinking with a strong knowledge of probability & statistics (time-series analysis, machine learning, optimization).
• Are self-starters who enjoy digging into complex, open-ended problems and can work both independently and collaboratively with a team.
• Exhibit a genuine interest in financial markets, risk taking, and using technology in dynamic, data-rich environments.
• Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.

Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.