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Caxton Associates

2026 Summer Internship Programme

Closed (31 Jan 2026)
Summer Internship
Data & AI
Paid
Year groups

2nd Year, 3rd Year, Final Year

Deadline

31 Jan 2026

Field

Data & AI

Overview

The Caxton Associates Summer Internship Programme in Data Science is designed for high-calibre students to gain practical experience within a leading macro hedge fund. Interns work on projects that contribute to the firm's trading strategies and data analysis capabilities. The programme offers a structured learning environment with mentorship from experienced professionals.

About the employer

Caxton Associates is a global macro hedge fund founded in 1983 by Bruce Kovner and headquartered in New York. Caxton has historically maintained a reputation for risk discipline and capital preservation, often positioning its portfolios to perform in volatile or uncertain markets.

Application timeline

Opens: 16 Dec 2025; Closes: 31 Jan 2026; Opened last year: 16 Jan 2025

Structure & format

This is an in-person, typically 10-week programme running during the summer months in London. Interns are expected to work full-time hours.

Pay & benefits

Caxton Associates internships are generally well-compensated, offering competitive salaries.

Eligibility

Typically, the programme targets penultimate year or final year students from top universities, studying quantitative subjects such as Computer Science, Mathematics, Statistics, or related fields. Strong academic performance and an interest in financial markets are usually required. Applicants need to have the right to work in the UK.

Application process

The application process usually involves submitting a CV and cover letter, followed by online quantitative tests, and then multiple rounds of interviews which may include technical and behavioural questions. Early application is often advised.

Competitiveness & scale

Caxton Associates is a highly selective hedge fund, and their internship programme is extremely competitive, attracting a large number of applications from leading academic institutions.

Why this matters

A Caxton Associates internship provides invaluable experience in quantitative finance and data science within a prestigious hedge fund, significantly enhancing a student's CV for future careers in finance or technology.

Heads up

Dates can shift each year. Always confirm the live deadline on the provider's own page before you apply.