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Designated Market Maker (DMM) Trader – Intern (US)

Citadel Securities
🇺🇸New YorkStudentIntern$2,000–$2,800/wkPosted September 22, 2026

About the Role

At Citadel Securities, DMM traders play an important and specialized role in maintaining fair and orderly markets across securities on the NYSE. The team uses predictive analytics and special order types to help respond to market signals and contribute to price discovery and open and closing auctions during the trading day.

As an intern, you'll take part in an 11-week program that allows you to collaborate and connect with senior team members while gaining exposure to the world's largest and most important stock exchange, working on real-world projects and networking with peers.

  • Develop in-depth knowledge of financial markets and how Citadel Securities delivers liquidity to clients
  • Work with the current trading team to learn about the IPO process: from identifying and reaching out to clients, reviewing IPO materials, learning about the initial trade, and how to manage future client relationships
  • Learn how the team works across internal asset classes to provide valuable market activity updates during the trading day
  • Observe how traders develop trading strategies around technical and market events on the systematic team

Responsibilities

  • Develop in-depth knowledge of financial markets and how Citadel Securities delivers liquidity to clients
  • Work with current trading team to learn about the IPO process: from identifying and reaching out to clients, reviewing IPO materials, learning about the initial trade, and how to manage future client relationships
  • Learn how our team works across internal asset classes to provide valuable market activity updates during the trading day
  • Observe how traders develop trading strategies around technical and market events on the systematic team

Requirements

  • Pursuing a bachelor's or master's in finance, business administration, economics, computer science, statistics, mathematics or related disciplines preferred
  • Passion and demonstrated interest in the markets
  • Attention to detail and good organizational skills
  • Self-starter and hard-working, not afraid to question status quo, and has an entrepreneurial mindset
  • Superior written, verbal, and interpersonal communication skills
  • Ability to efficiently multi-task and adapt to changing situations
  • Some understanding of markets, trading life cycle, and financial products

What You'll Get

  • $2,000–$2,800/wk base salary
  • Highly competitive sign-on bonus
  • Housing stipend or covered living accommodations
  • Company-sponsored travel
  • Access to on-site fitness and wellness amenities
  • Catered meals
  • Social and networking events