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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-frequency trading and technology solutions

Fintech
Quantitative Finance
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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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. What sets Tower Research Capital apart from its competitors is its focus on proprietary trading strategies and continuous investment in research and development, which helps it maintain a competitive edge. The company's goal is to generate profits by executing a large volume of trades with minimal latency.

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