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Summer 2027 recruiting

DRW internships: when they open and how to apply

Options, futures, crypto, and a venture arm: DRW, based in Chicago, trades a lot of things. That breadth shows up in its internships, which reach past the usual trader and developer roles into strategy, venture capital, and a leadership rotation.

DRW

Early-career programs

  • Quantitative Trading Analyst Intern
  • Quantitative Research Intern
  • Software Developer Intern
  • Leadership Rotation Network, Strategy, and Venture Capital Analyst Internships

Internships and programs at DRW

The early-career programs it runs for students and recent graduates, by the names it uses for them.

Quantitative Trading Analyst Intern
A 10-week desk internship, posted in Chicago and London, where interns work on project-based assignments combining technology, research, and risk management. The Chicago posting mentions Greenwich and New York as well. Interns take an options course taught by a trader and present results to senior leadership at the end.
Quantitative Research Intern
Research internships in Chicago, New York, London, and Singapore, applying statistics and machine learning to market data. DRW also posts an AI/ML Research Intern role in Montreal.
Software Developer Intern
Developers build trading and risk applications, such as exchange data decoders and order book normalizers, with the goal of deploying them within the 10 weeks. Postings list Chicago, London, Amsterdam, Montreal, and Singapore.
Leadership Rotation Network, Strategy, and Venture Capital Analyst Internships
Less common internships for business-minded students, in Chicago and London. The Venture Capital Analyst role sits with DRW's venture investing arm.

When DRW posts internships

DRW posts its summer internships in one early batch. For summer 2027, nearly every intern role went live on July 13, 2026, about eleven months before the internship. A handful came later, such as a Chicago Platform Engineer internship at the end of July and a Singapore data engineering role in August.

Internships run 10 weeks, and DRW provides furnished housing near the office. With no published deadline, roles can close once they are filled.

These are patterns from recent cycles, not published dates, and they shift. The reliable signal is the posting itself: Trakker is an internship tracker that reads DRW’s careers site directly and can email you within minutes of a new role appearing.

Who can apply

The summer 2027 postings ask for students pursuing a bachelor's, master's, or PhD in math, economics, physics, statistics, computer science, or engineering, graduating between December 2027 and June 2028. Trading roles expect Python; developer roles look for C++, Python, or Java.

DRW recruits in the US, Canada, the UK, the Netherlands, Singapore, and other locations; check each posting for work authorization and location details.

The interview process

DRW lays out a four-step process on its intern page: an application reviewed as it arrives, a timed at-home technical challenge (probability and logic for quant roles, computer science fundamentals for developers), a Zoom interview mixing technical and behavioral questions, and a final round.

That final round is a two-day visit: an afternoon of introductions and another technical challenge, then a full day of interviews. DRW publishes its own prep guides for each stage.

Tips for applying to DRW

  • Use DRW's own interview guides. They walk through the resume, technical challenge, phone, and final round and reflect what the firm actually asks.
  • More business than quant? Look at the strategy, venture capital, and leadership rotation internships, which are rare at trading firms.
  • Be ready in mid-July. Nearly every role opened on the same day last cycle.

DRW internship questions

When does DRW post internships?
DRW posted almost all of its summer 2027 internships on July 13, 2026 with rolling review. A few roles appeared later in the summer.
What internships does DRW offer?
DRW offers Quantitative Trading Analyst, Quantitative Research, Software Developer, FPGA, and Platform Engineer internships, plus strategy, venture capital, and leadership rotation roles. Internships are 10 weeks and include housing.
What is the DRW intern interview process?
DRW's process has four steps: application, a timed at-home quantitative or coding challenge, a Zoom interview, and a final round that is a two-day visit with a technical challenge and a day of interviews.

Sources

What this page was checked against. Programs and timelines change from cycle to cycle, so DRW’s own careers site has the final word.

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