Network Engineering Intern, Summer 2027 (Hybrid)
MEMX·about 9 hours ago
Who We Are
MEMX is a technology-driven exchange operator founded by members to benefit all investors. We operate MEMX Equities, MEMX Options, and MX2 Options, and provide market technology to clients. Our mission is to create healthy competition and advocate for market structure reform that results in more efficient and sensible trading experiences for all investors.
Description
MEMX is seeking a Network Engineering Intern to learn how the networks behind our U.S. equities and options exchanges are built and supported. You’ll work alongside experienced engineers on hands-on projects and gain exposure to the reliable, low-latency infrastructure that supports trading. This internship position will be offered as hybrid with 2-3 days in-person at our Data Centers in Weehawken and Secaucus and our co-working office in Midtown-NYC.
*MEMX has currently approved ONLY the following states for remote work: California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, & Utah.
What You’ll Be Doing
- Help the team monitor network performance and investigate alerts and connectivity issues
- Assist with network device configuration, testing, and documentation under the guidance of experienced engineers
- Assist with data center activities such as racking, network and hardware, running optical fibers, etc.
- Contribute to projects involving network tools, automation, and infrastructure improvements
- Collaborate with teams across MEMX to understand how network engineering supports the exchange
Requirements
- Current undergraduate student entering their junior or senior year, pursuing Computer Science, Information Technology, Network Engineering, or a related field
- Foundational understanding of networking concepts such as IP addressing, routing, and switching through coursework, projects, or personal interests
- Interest in troubleshooting and learning how large-scale networks operate
- Strong attention to detail and willingness to ask questions and learn from the team
- Exposure to Python, Linux, or Wireshark is a plus, but not required
- Ability to work in person at our Midtown Manhattan office during the summer
- Permanent residence in one of MEMX’s approved states for remote work during the internship
What You’ll Gain
- Hands-on experience with the network infrastructure that supports a securities exchange
- Exposure to various Options and Equities exchange platforms and how network connectivity supplements these platforms
- Exposure to network monitoring, troubleshooting, and day-to-day operations
- Learn how customer connections are set up and supported
- Mentorship and guidance from experienced network engineers
- Opportunities to collaborate with technology teams across MEMX and connect with fellow interns
Why MEMX
At MEMX, you’ll contribute to meaningful work alongside experienced professionals while developing your skills and learning how our exchanges operate. As part of our summer internship program, you’ll also have access to:
- Learning opportunities: Attend Lunch & Learn sessions, professional development workshops, and relevant courses
- Mentorship and support: Learn from a mentor and a designated buddy who can help guide you throughout the summer
- An intern cohort: Connect with interns working across other MEMX teams
- Social events: Get to know colleagues, with opportunities to connect with members of MEMX’s C-suite
- Regular feedback: Check in with your manager and HR to discuss your progress, ask questions, and get support
- Future opportunities: All interns are considered for potential internship extensions or a full-time opportunity after graduation, based on performance and business needs
Pay Rate: $30/hourly for undergraduate students
Equal Opportunity Statement
MEMX is an equal opportunity employer. We are committed to creating a diverse and inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Diversity Inclusion Statement
At MEMX, we believe that diversity and inclusion are essential to driving innovation and success. We welcome and celebrate individuals from all backgrounds and perspectives, and we strive to create an inclusive culture where everyone can thrive.
Market context
Measured from remote postings we have tracked ourselves — not self-reported survey data.
What Entry Level Engineering roles in Americas pay
- 25th
- $60k
- Median
- $80k
- 75th
- $110k
Based on 587 comparable postings with disclosed salaries, last 12 months.
How MEMX is hiring
- Last 90 days
- 3 roles
- Total tracked
- 6
- Hiring across
- 2 job families
Tracked since December 2024.