Full-Time
Quantitative Trader / Researcher
Confirmed live in the last 24 hours
Tower Research Capital
1,001-5,000 employees
High-frequency trading and technology solutions
Compensation Overview
$120k - $200kAnnually
Junior, Mid
Las Vegas, NV, USA + 4 more
More locations: Miami, FL, USA | Chicago, IL, USA | New York, NY, USA | Charleston, SC, USA
Hybrid work possibilities indicate some in-office presence required.
- A Bachelors, Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
- Experience in quantitative trading is preferred but not a requirement
- A strong background in mathematics and statistics
- Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation and Principal Component Analysis)
- Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data
- Familiarity with signal generation and statistical models
- Strong programming skills in Python or C++
- Designing, implementing and deploying trading algorithms
- Researching high to mid frequency alphas
- Exploring trading ideas by analyzing market data, market microstructure and alternate data for patterns
- Creating tools to analyze data for patterns and developing data platforms
- Contributing to libraries of analytical computations to support market data analysis and trading
- Developing, augmenting and calibrating exchange simulators
Tower Research Capital operates in the financial markets by providing high-frequency trading services. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies in the market. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Tower Research Capital's business model focuses on generating profits through proprietary trading strategies and executing a large volume of trades with minimal delay. The company continually invests in research and development to stay ahead of its competitors in the high-frequency trading industry.
Company Stage
N/A
Total Funding
$60M
Headquarters
New York City, New York
Founded
1998
Simplify's Take
What believers are saying
- Increased focus on AI-driven trading strategies enhances Tower's algorithmic capabilities.
- Tower's investment in blockchain technology improves transaction speed and security.
- Collaboration with academic institutions boosts algorithm development and innovation.
What critics are saying
- Talent drain to competitors may impact Tower's competitive edge in high-frequency trading.
- Increased competition from new trading platforms could challenge Tower's market share.
- Diversification into ventures like Sporttrade might divert focus from core trading activities.
What makes Tower Research Capital unique
- Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
- The firm offers rapid and reliable trading solutions for institutional investors and hedge funds.
- Tower Research Capital continuously invests in R&D to maintain its competitive edge.
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Benefits
5 weeks of paid vacation per year
401(k) with company matching
Free meals and snacks
Reimbursement for health and wellness expenses