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Full-Time

Quantitative Trader

2025

Confirmed live in the last 24 hours

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-speed electronic trading technology firm

Data & Analytics
Fintech
Financial Services

Compensation Overview

$150k - $250kAnnually

+ Bonus

Entry

New York, NY, USA

Anticipated New York annual base salary range $150,000 - $250,000, plus eligible for discretionary bonus.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Market Research
Python
C/C++
Linux/Unix
Data Analysis
Requirements
  • A Bachelor’s, Master’s, or PhD degree in computer science, mathematics, physics, electrical engineering, or related fields
  • 0-2 years of experience
  • Proficient in an object-oriented programming language (C++ and Python preferred)
  • A working knowledge of Linux/Unix
  • Past industry experience (a plus)
  • Experience as a Teaching Assistant and/or participation in relevant Olympiads (a plus)
  • Familiarity with machine learning, data analysis, market research and data modeling (a plus)
  • 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
Responsibilities
  • Designing, implementing, and deploying high-frequency trading algorithms
  • 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
  • Communicating with internal and external trade support, market centers, and other parties to handle real-time trading issues and improve understanding of specific markets
  • Shaping the future of Tower through regular interviewing and infrequent campus recruiting trips
Tower Research Capital

Tower Research Capital

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Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.

Company Stage

N/A

Total Funding

$58.9M

Headquarters

New York City, New York

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Employees benefit from exposure to a wide range of industries and cutting-edge technologies, enhancing their professional growth and marketability.
  • The firm's robust financial health, evidenced by substantial real estate investments and participation in high-profile funding rounds, provides job security and growth opportunities.
  • Tower Research Capital's commitment to social responsibility, such as their COVID-focused donation matching campaign, fosters a positive and supportive work environment.

What critics are saying

  • The highly competitive nature of the trading and investment sectors means that Tower Research Capital must continuously innovate to maintain its edge.
  • Involvement in diverse sectors could lead to overextension, potentially diluting focus and resources.

What makes Tower Research Capital unique

  • Tower Research Capital's involvement in diverse sectors, from government procurement to sports betting, showcases its broad investment strategy, unlike firms that focus on niche markets.
  • Their strategic investments in innovative technologies like AI for government contracting and financial exchange access set them apart from traditional trading firms.
  • Tower Research Capital's significant real estate investments, such as leasing 122,000 square feet in a prime Financial District building, highlight their financial stability and long-term planning.

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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