vacancies
Quantitative Trading Research Intern
Analyze on-chain data for latency and flow, research DeFi market-making primitives, deliver technical research and produce technical documentation.
About acheron
Under the trade name AcheronTrading, the company is a designated market maker and provides liquidity and advisory services to digital asset issuers on exchanges worldwide. It is our belief that market inefficiency is one of the factors preventing digital assets/cryptocurrencies from achieving mass adoption. As such, our focus is to construct and provide liquidity services for digital assets from the most embryonic stages and throughout their adoption cycle.
Acheron Trading has over 125 institutional clients with market share across over 95 exchanges worldwide.
Our services
Market making is essential to emerging digital assets because, without a liquid trading environment, market participants cannot buy or sell tokens without causing a drastic change in the market price. This phenomenon is known as "market slippage." AcheronTrading's services directly reduce market slippage and thus result in more efficient trade for market participants.
We have integrated with over fifty decentralized and centralized exchanges providing holistic coverage across the digital asset ecosystem. Receive data-backed insights to determine which venues are the right fit for your goals.
Emerging digital assets can be hyper-volatile during price discovery. We consult teams in designing and selecting the appropriate liquidity strategy to develop a liquid market while managing the inventory risk for their digital assets throughout their adoption cycle.
About the job opening
Responsibilities:
Primitive Research: Conduct deep-dive research into emerging on-chain market-making primitives, evaluating how decentralized protocols handle pricing, execution mechanics, and liquidity provision.
On-Chain Data Analytics: Analyze massive on-chain datasets to evaluate, measure, and characterize metrics such as execution quality, latency constraints, and flow toxicity.
Actionable Reporting: Synthesize complex data findings into crisp, written technical research papers and documentation that traders and core engineers can actively execute upon.
Strategy Optimization: Collaborate with quantitative developers to refine algorithmic strategies based on your empirical cryptographic and market structure findings.
Bonus Points:
Direct experience interacting with decentralized applications, or hands-on experience providing liquidity (LP’ing) on a Decentralized Exchange (DEX).
Familiarity with the structural differences between EVM (Ethereum Virtual Machine) and Solana runtime architectures.
Prior public-facing publications, research papers, GitHub repositories, or high-quality blog posts breaking down DeFi mechanisms or market structures.
Requirements:
Academic Track: Currently pursuing an advanced or final-year degree (BSc, MSc, or PhD) in Financial Engineering, Mathematics, Physics, Quantitative Finance, or a highly analytical equivalent.
Technical Stack: Highly comfortable utilizing Python for complex data manipulation, statistical analysis, and quantitative research frameworks.
Market Microstructure Foundations: Possess a solid foundational grasp of market microstructure principles, including bid-ask spreads, order book dynamics, inventory management, and adverse selection.
Blockchain Literacy: A genuine, deep interest in how distributed ledgers, smart contracts, and consensus mechanisms work under the hood.
Our Recruitment Philosophy:Leadership, trustworthiness, and reputation are at the core of Acheron Trading’s DNA. We seek individuals who are:
Analytical thinkers capable of assessing and optimizing execution strategies
Self-starters with the confidence to make informed trading decisions
Trustworthy and accountable, ensuring reliability for colleagues and clients
Committed to excellence, going above and beyond to uphold Acheron Trading’s reputation
Our Offer:
Competitive salary
A clear pipeline toward a permanent, full-time role upon graduation
The opportunity to work with one of the most innovative and fastest-growing trading firms in the industry
How to apply:
Send your resume together with a brief introduction on yourself to sean.lim@acherontrading.com
Note: we do not work with middle-men recruiters, any hire should be direct.