Trading and Research Summer Internship 2026

Capula Investment Management is a leading global hedge fund with an AUM of $32 billion. We manage absolute return, enhanced fixed income, macro and alpha strategies for a diversified group of investors worldwide. Capula invests in a broad universe of asset classes, including fixed income, equities, currencies and commodities, as well as derivatives related to these asset classes.

The Internship Programme :

We welcome 2026 summer internship applications for all of our global offices (London, New York, Hong Kong, Singapore and Tokyo), however the majority of the interns will join our London headquarters. If you are interested in our Tokyo office, please apply via the Tokyo-specific application, which can be found on our careers page.

This is a fantastic opportunity to work with some of the industry's best traders who have an excellent, proven track record. You'll be matched with a specific team and will take away with you first-hand experience of working with quantitative traders, developing specific strategies and models that will be put into practice.

The internship typically runs for ten weeks from June to August, however we can be flexible regarding exact dates. At the start of the summer, you will join all other global interns for an 'Intern Orientation Week' in London. Throughout this week you will participate in training and activities that will help prepare you with the skills and knowledge to excel in the internship :

• Training on financial markets;
• Trading Simulation game;
• Presentations from senior stakeholders and managers of front office and support teams; and
• Social and networking activities including an intern dinner with Senior Portfolio Managers

Your responsibilities as an intern will include :

The recruitment process is typically as follows :

Applications are screened on a rolling basis, so we recommend you apply as early as possible.

Diversity, Equity and Inclusion

We look to attract, recruit, develop, reward, promote and retain exceptional talent, basing judgement solely on an individual’s suitability for the job and their potential for future success. We promote fair and equal treatment through our workplace practices and policies and are committed to maintaining an enjoyable and supportive work environment free from harassment and intimidation.

We have an equal opportunities policy that applies to all stages of recruitment and selection. Shortlisting, interviewing and selection will always be carried out without regard to gender, gender reassignment, sexual orientation, marital or civil partnership status, colour, race, nationality, ethnic or national origins, religion or belief, age, pregnancy or maternity leave or trade union membership. We use external recruitment firms to supplement our hiring process. Any external recruitment partners we use are required to identify and engage with a diverse pool of candidates. Capula provides recruitment and interview training to hiring managers to ensure they are aware of anti-discrimination laws and to promote a best practice selection process so that the right candidates with the right skills set for the role are hired.

We actively promote equality of opportunity for all with the right mix of talent, skills and potential, and welcome applications from a wide range of candidates, including those with criminal records. We select all candidates for interviews based on their skills, qualifications and experience.

Requirements

Benefits