Index Research & Development Intern - 2026 Summer Internship

Nasdaq • Philadelphia, PA

1d • Hybrid

About The Position

Internship Overview: Nasdaq's Internship Program provides outstanding opportunities for students to gain hands-on experience during a 10-week internship. As part of the program, you will partner with a mentor, network with senior colleagues, and take on a real-world project with real-world impact and gain practical skills that will help shape your career for years to come. Additionally, you will meet with senior leaders and participate in professional development activities throughout your internship. The Index Research & Development Intern will be responsible for developing new indexes that will be benchmarks for financial products such as exchange traded funds (ETFs). You can expect a collaborative, fast-paced and constantly evolving work environment where you are recognized for your results and ability to drive things forward proactively & persistently. Every day brings many opportunities to learn & grow and rewards with a global impact we create. This position will be located in Philadelphia and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates. Come as You Are Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation. At Nasdaq, we’re proud to be the engine behind the world’s capital markets. But we don’t stop there. We build the technology that drives transparency, trust, and access—helping economies grow and people thrive. Our purpose is to advance economic progress for all. Whether you’re a client, a colleague, or part of our broader community, we’re here to move markets—and possibilities—forward. Join our Talent Community to stay in the loop on upcoming roles, events, and new opportunities across Nasdaq. Our hybrid work model, NasdaqBlend, gives you flexibility to do your best work—whether that’s from home, in the office, or a mix of both. Check the job listing or reach out to our team for role-specific details. We’re a global team of over 8,500 innovators across 38 countries, united by a shared purpose: advancing economic progress for all. It’s not just what we do—it’s how we do it, together. Want a deeper look into our culture? Explore our Culture Book. We support your success through You&Q, our total rewards program that covers every dimension of life—from building wealth and growing your career to prioritizing well-being and family care. Join the Team Advancing Economic Progress for All.

Responsibilities

• Collaborate with the Americas Index Research & Development team to build index strategies that will serve as benchmarks for financial products (e.g. ETFs).
• Develop index rebalance and reconstitution models based on both internally and externally generated ideas
• Evaluate index models & ideas through back testing and comparative analysis
• Create client-facing analysis based on the results of back testing index strategies
• Support activities across the index product life cycle – pitching new index ideas to clients, launching and operationalizing new indexes, and creating research content to educate stakeholders on newly launched indexes.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed