Full-Time

Software Engineer I

Posted on 3/13/2025

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading and technology solutions

No salary listed

Entry, Junior, Mid

Company Historically Provides H1B Sponsorship

Noida, Uttar Pradesh, India

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Python
MySQL
NoSQL
SQL
Java
Postgres
Elasticsearch
MongoDB
Linux/Unix
Requirements
  • A bachelor’s degree or equivalent in computer science from a top college or university
  • 0-3 years of relevant experience
  • Good problem solving skills
  • Knowledge of Python and Java, shell scripts and linux system
  • Knowledge of SQL (i.e. MySQL, PostGres) and NoSQL (i.e. MongoDB, ElasticSearch) databases are highly desirable
  • Strong communication skills and fluent in English
Responsibilities
  • Developing the firm’s Post Trade Platform tools - including reference data management, trade capture, reconciliation, P&L, trade cost management, surveillance, compliance and regulatory functions
  • Works with appropriate stakeholders to determine user requirements for a set of features
  • Works in collaboration with teams across the organization to develop reliable, scalable, and high-performance, software designs
  • Responsible for technological innovation in build-out of the new generation of middle office and back-office applications and processes
Desired Qualifications
  • Past role(s) within electronic trading and a thorough understanding of financial instruments including equities, commodities, credit, interest rates, foreign exchange, cryptocurrencies, futures, forwards, and options will be a plus
Tower Research Capital

Tower Research Capital

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Tower Research Capital provides high-frequency trading services in the financial markets. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies and market inefficiencies. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Unlike many competitors, Tower Research Capital focuses on proprietary trading strategies and invests heavily in research and development to enhance its trading platforms. The goal of the company is to generate profits by executing a large volume of trades with minimal latency.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$60M

Headquarters

New York City, New York

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in AI-driven trading strategies enhances algorithmic accuracy for market predictions.
  • The rise of DeFi platforms opens new opportunities in cryptocurrency markets for high-frequency trading.
  • Emergence of new stock exchanges offers additional venues for arbitrage opportunities.

What critics are saying

  • TXSE's advanced order matching engine could increase competition in high-frequency trading.
  • Point72's hiring of former Tower employees suggests increased competition for talent.
  • Kronos Research's appointment of a former Tower executive may lead to strategic insights leakage.

What makes Tower Research Capital unique

  • Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
  • The firm has a strong focus on rapid execution and minimal latency in trades.
  • 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

Company News

PR Newswire
Jan 31st, 2025
Texas Stock Exchange Files Form 1 Registration To Operate As A National Securities Exchange

TXSE Group Inc closes its initial capital raise at $161 million, making it the most well-capitalized exchange to ever file a Form 1DALLAS, Jan. 31, 2025 /PRNewswire/ -- TXSE Group Inc announced today that the Texas Stock Exchange LLC (TXSE) has filed its Form 1 registration with the U.S. Securities and Exchange Commission (SEC).TXSE is one of the only fully integrated exchanges to file for SEC approval in the past 20 years. Its filing proposes trading, listings of corporate issuers and ETPs, auctions, and a range of data products.TXSE's goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. TXSE is also well underway in building an order matching engine that leverages the latest technology to deliver predictable performance, low latency, and speed comparable to that of the world's top-performing markets.TXSE will continue to work with the SEC on the approval of its registration. If granted, TXSE intends to launch trading in early 2026, with listings by the end of the same year."Today marks another milestone in our journey to make the Texas Stock Exchange a reality," said James H Lee, founder and CEO of TXSE Group Inc

VentureBeat
Dec 18th, 2024
Coplay raises $1.2M to build AI copilot for game devs

Coplay, the AI copilot for game developers, today announced it has raised $1.2 million in pre-seed funding.

eFinancialCareers Canada
Dec 11th, 2024
Point72's systematic trading arm hiring PhD grads and HFT quants

This month, Aayush Sharma joined from Tower Research Capital as a senior quantitative trader.

Valdosta Daily Times
Oct 11th, 2024
Kronos Research Appoints Former Tower Research Exec, Vincent Wang as Chief Technology Officer

Kronos Research appoints former Tower Research exec, Vincent Wang as Chief Technology Officer.

Finance Magnates
Apr 25th, 2024
BGC Group Secures Backing from Global Banks for New $600M Trading Platform

BGC Group has obtained investments from ten global investment banks and market-making firms for its new treasuries and interest rate futures trading platform.