Internship Subject: Building a Real-Time Arbitrage Trading Robot (January to March 2010, for 4 to 6 months)

You have learned in graduate school that stocks follow a brownian movement and that it is hence impossible to predict the future to make money on the markets. This is wrong. The mathematical relationship between the futures price and the underlying is sometimes violated, especially when markets are dislocating like now: investors may sell futures massively without looking at the value of the underlying stocks. In that case, an arbitrageur just needs to buy the futures and sell the basket of stocks. In real-life, things are not so easy, and a lot of expertise is needed in order to indulge in such arbitrage activities. We intend to build a trading robot that partly relies on these kinds of inefficiencies to trade financial markets. We are looking for a competent intern proficient in C++. Proficiency in finance is not needed, but preferable. Who should apply ? Students from Ensimag, Epita / Epitech, EFREI and other computer science schools, Internship dates Dates are flexible starting from January 2010 or later, for 3 months or more. Email: stages@arbitragis.com Open PDF file for more.

cash_future_arbitrage_robot.pdf — PDF document, 80Kb