About Us Engelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is “asset light” and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative and weather research capabilities. Our activities are underpinned by strong risk management practices and by powerful technology and operational excellence. We have exceptional teams with diverse global backgrounds and decades of experience, and are driven by a highly collaborative culture, across products and competencies. In 2024, Engelhart acquired Trailstone, a global energy trading and technology company. The acquisition provides us with new expertise, analytics and proprietary technology which is being used to provide risk management and optimisation services to help maximise the value of our clients’ renewable power. The acquisition also expanded Engelhart’s capabilities into physical natural gas across North America, a critical fuel to support the energy transition. Our talented and experienced individuals work together according to its four company values: be bold, be collaborative, be proactive, be your best. Commodities Trading Internship Programme Six-Month Internship: 07 July – 18 December 2026 London, UK (full-time, on site) Engelhart’s Internship Programme is a unique opportunity designed to provide a strong basis for a role within commodities. To be eligible for consideration, applicants must be available to commence their six-month internship from July 07, 2026. We are offering three London-based internship opportunities in 2026: one internship for our Macro Commodities Desk, our Physical Gas Desk, and our Systematic Trading Desk respectively. Don’t meet the criteria for this internship program? Please review our other 2026 internship opportunities catering for other locations and skillsets. What You Can Expect Hands-on experience on a dedicated commodities Desk, with opportunities to make real impact and gain industry-ready skills. Close learning and mentorship from senior Front Office professionals, including direct exposure to Desk Heads. Growth opportunities within a dynamic, global organisation, supported by both a structured cohort programme and deep Desk integration. Key Responsibilities Collaborate closely with the Desk to actively contribute to ongoing projects or activities. Engage closely with day-to-day operational processes, gaining hands-on exposure to challenges and ensuring that developed solutions effectively address current and future business needs. Providing operational support to the team as required. Get hands-on experience developing models. Engage in market research and analysis. Cultivate collaboration among team members to achieve common goals and objectives. Actively participate in training and learning opportunities to enhance skills relevant to the internship. About You Across our 2026 internship programme, we are looking for motivated individuals who are eager to grow and contribute to a fast-paced, intellectually stimulating environment and have a keen interest in commodities. The following experiences and skills are essential for application: Strong academic background in Engineering, Mathematics, Computer Science, Statistics, or a related quantitative discipline. A high level of proficiency with Python; SQL and Excel skills are a plus. Business-level English proficiency. Excellent analytical and problem-solving skills. Effective communication skills and a collaborative mindset. High attention to detail and confidence working with large datasets. A strong interest in commodities markets. Demonstrable experience in time-series data analysis is highly advantageous. Previous exposure to commodities or trading environments is highly advantageous. We believe in inclusivity and are therefore dedicated to ensuring all employees – across gender identity, race, ethnicity, sexual orientation, religion, life experience, background and more – feel welcome and included in the company. We promote diversity because we believe it is essential to our ability to think holistically.