Quantitative Analysis intern

Description

Department

Energy Market Quantitative Analytics (EMQA)

The EMQA team is part of the front office organisation. The purpose of the team is to produce systematic strategies and build automated execution solutions through research and technical implementation.

Position purpose

The objective of the internship is to develop and implement a market impact model applied to the continuous intraday power market. A market impact model quantifies how trading activities affect prices, helping traders to make informed decisions while managing risk and transaction costs.

The intraday power market is a short-term electricity trading market that operates after the day-ahead market, allowing participants to buy and sell power continuously up to shortly before delivery. It enables market actors – such as utilities, traders, and renewable producers – to adjust their positions in response to changes in demand and generation. T...