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DRW
Posted 10 days agoVerified live 2d ago

Spring 2027 City Scholars Software Developer Intern

Brief overview

Chicago, Illinois, USIn-person
UndergradOr in progress
$45/hrStated minimum
91 H-1B approvalsDept. of Labor
21 green cardsCertified filings
ProgrammingCloud technologiesLow-level networkingBinary data protocolsFinancial data

About the company

DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities.

Visa sponsorship history

4 years sponsoring, last filed FY2026

Data powered by U.S. Department of Labor. This does not guarantee sponsorship for this specific role.
91H-1B approved
100%approval rate
35new H-1B hires
21PERM certified
$138,877median wage / yr
H-1B Petition ApprovalsVisas USCIS actually granted: the strongest sign the company sponsors.
202323
202430
202536
20262
LCA Certified ApplicationsAn early filing step, not a visa approval: it signals intent, not confirmed sponsorship.
20235
20248
20256
20263
Green Card (PERM) FilingsCertified green card filings: a long-term commitment to international hires.
20233
20241
202514
20263
Top sponsored roles
Quantitative ResearcherPortfolio ManagerSenior Software EngineerSoftware DeveloperCredit Risk Analyst
Sponsored employees from
IndiaFranceChina

Job description

City Scholars Software Developer Interns that join DRW for a semester are part of a team of experienced software engineers (including past City Scholars!) across the US, UK and Canada working on industry leading systems for capturing, cataloging, indexing and presenting data from more than 70 financial exchanges around the world.

Challenges include overcoming scalability (over 180B messages per day) with cloud technology, understanding low level networking concepts, decoding binary data protocols and the inner workings of financial exchanges and their matching engines.

We pride ourselves on being able to take talented programmers and put them straight to work on complex issues. These are real problems requiring real solutions, not fabricated examples, and everyone of our past City Scholars (1-4 per semester since the start of the program) put code in production by the end of their semester with us. This real-world project work gives us a better understanding of what you can do, and it gives you a better understanding of what working full-time at DRW is really like.

Learn more about the DRW City Scholars program here: Empowering Future Engineers: The Impact of City Scholars at DRW | DRW

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

The hourly base salary range for this position is $45/hour per the City Scholars Program guidelines.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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