About the role#
The Institutional Equity Derivatives & Trading Co-Op program offers a 6-month immersion within the Institutional Equity Division. This role focuses on quantitative, trading, and structuring functions. You will work directly with desks responsible for market-making, liquidity generation, and the development of trading solutions for institutional clients.
What you'll do#
- Generate and facilitate liquidity across a variety of derivative products.
- Develop innovative product and trading solutions.
- Distribute derivative ideas and research to hedge funds and asset managers.
- Price and execute a suite of products, including options, futures, and swaps.
- Perform complex risk hedging using tradable instruments.
What you'll need#
- Availability to work full-time, in-person from January through June 2027.
- Enrollment in an undergraduate degree program with a graduation date after December 2027.
- Academic focus in Mathematics, Statistics, Physics, Computer Science, or Engineering (Mechanical, Industrial, Electrical).
- Minimum 3.0 GPA.
- Familiarity with coding languages such as Python, Q, R, SQL, or VB.
- Strong analytical reasoning and communication skills.
Location & details#
- Location: New York, New York.
- Term: Winter 2027 (January - June).
- Modality: On-site.
- Compensation: $52.89 per hour.
- Application Deadline: September 20, 2026.
About Morgan Stanley
Morgan Stanley provides investment banking, securities, wealth management, and investment management services. The firm operates in 42 countries and serves corporations, governments, institutions, families, and individuals. It maintains a global presence with over 100,000 employees. The company focuses on helping clients raise, manage, and allocate capital.
How to get in at Morgan Stanley
Securing an internship at Morgan Stanley requires speed because the volume of applicants is high. Intern Insider sends an instant alert the moment a role matching your target is published, which helps you apply among the first. Getting your application in early ensures it is seen before the pile grows too large for recruiters to manage. You can gain a significant advantage by reaching out to the recruiters behind the roles directly. Intern Insider surfaces these contacts so you can ask about the role or a referral, which often improves response rates compared to submitting through a general queue.
