Full-Time
Senior Options Quantitative 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 - $180kAnnually
Senior
New York, NY, USA
Anticipated New York annual base salary range $120,000-180,000, plus eligible for discretionary bonus.
You match the following Tower Research Capital's candidate preferences
Employers are more likely to interview you if you match these preferences:
- 3+ years of experience in a quantitative research role with a focus on options pricing, volatility surfaces, and risk management
- Experience in researching predictive volatility alphas over various time horizons
- Understanding of the practical considerations required in implementing and executing trading signals
- Expertise in detailed implementations of numerical pricing for American options
- Ability to work with large multi-faceted datasets
- Passion and drive to take a leading role in a growing options business
- Relevant programming experience, preferably in Python and/or C++
- Excellent attention to detail
- Developing options pricing and risk models
- Improving real-time volatility valuation and fitting
- Researching short to mid frequency volatility alphas
- Collaborating with other traders and quantitative researchers to optimize existing strategies
- Mentoring junior traders and/or quantitative researchers
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 leading position in the high-frequency trading sector. The company's goal is to generate profits by executing a large volume of trades with minimal latency.
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