Full-Time

Quantitative Developer

Python

Posted on 8/2/2024

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading and technology solutions

Quantitative Finance
Financial Services

Compensation Overview

$120k - $200kAnnually

+ Discretionary Bonus

Junior

New York, NY, USA

Category
Quantitative Analysis
Algorithm Development
Quantitative Trading
Quantitative Finance
Software Engineering
Required Skills
Python
Git
Pandas
NumPy
C/C++
Linux/Unix
Requirements
  • Bachelor's degree in Computer Science, Engineering, or a related field (or equivalent practical experience). A Master's degree is preferred
  • Proficiency in Python and statistical libraries like Numpy and Pandas
  • 1 to 2 years experience in Python development and some exposure to C++ development in a production/industry environment
  • Strong knowledge of git, linux and shell scripting
  • Collaborative software development experience
  • Strong problem-solving skills and the ability to work in a fast-paced, collaborative and geographically distributed environment
  • Excellent communication and teamwork abilities
  • Nice to Have: Knowledge of equity or futures markets, especially related to reference data, symbology and connectivity.
Responsibilities
  • Developing Python tools and code used in research and trading
  • Improving existing research and trading code and developing new analysis tools to be used by researchers
  • Working on making new datasets available within the platform in a generic, flexible and high performance manner
  • Assisting researchers in coding and debugging tasks
  • Managing and monitoring code releases during US timezone
Tower Research Capital

Tower Research Capital

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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 Jobs

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

INACTIVE