About the Role
Tower Research Capital is a leading quantitative trading firm seeking talented individuals to contribute to its high-performance platform and innovative trading strategies. Employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.
Responsibilities
- Designing, implementing, and deploying high-frequency trading algorithms
- Working with a dedicated mentor to research and enhance existing trading strategies
- Exploring trading ideas by analyzing market data and market microstructure for patterns
- Creating tools to analyze data for patterns
- Contributing to libraries of analytical computations to support market data analysis and trading
- Developing, augmenting, and calibrating exchange simulators
Requirements
- Availability for 4-6 months or 10-week summer term
- PhD student focusing on mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields
- A strong background in C++, R, Python, or an object-oriented programming language
- Strong problem-solving abilities
- A passion for new technologies and ideas
- The ability to manage multiple tasks in a fast-paced environment
- Strong communication skills
- Interest in financial markets
- Past industry experience
- Experience with machine learning
Skills
- C++
- R
- Python
- Object-oriented programming
- Machine learning
Location
- New York
Work Type
- Full-time
- Internship
Experience Level
- PhD Student
Education Level
- PhD
Salary/Compensations
- $3,500-5,700 weekly
Benefits
- Competitive compensation package
- Free breakfast, lunch, and snacks daily
- Exciting networking and social events
- Opportunities to learn from senior management
- Mentors from your alma mater and other top institutions
About the Company
- Tower Research Capital is a leading quantitative trading firm founded in 1998, built on a high-performance platform and independent trading teams with a 25+ year track record of innovation.
- Tower is home to some of the world’s best systematic trading and engineering talent, empowering portfolio managers to build teams and strategies independently.
- Engineers thrive at Tower developing electronic trading infrastructure at a world-class level, solving challenging problems in low-latency programming, FPGA technology, hardware acceleration, and machine learning.
- Ongoing investment in engineering talent and technology ensures an unmatched platform in functionality, scalability, and performance.
- Business Support teams are essential to building and maintaining the platform that powers everything, enabling trading and engineering teams to perform at their best.
- Tower’s headquarters are in NYC’s Financial District with a global impact and over a dozen offices worldwide.
- Tower fosters a culture where smart, driven people thrive without egos, valuing a friendly, collaborative environment with an open concept workplace, casual dress code, and well-stocked kitchens.
Equal Opportunity
- Tower Research Capital is an equal opportunity employer.
