Full-Time

Quantitative Developer

Confirmed live in the last 24 hours

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading and technology solutions

No salary listed

Senior

Company Historically Provides H1B Sponsorship

New York, NY, USA

Location is flexible for the right candidate, though Hong Kong or New York are preferred.

Category
Quantitative Analysis
Algorithm Development
Quantitative Finance
Software Engineering
Required Skills
Rust
Python
Data Structures & Algorithms
C/C++
Linux/Unix
Data Analysis
Requirements
  • Solid academic background in computer science, mathematics, or a similar quantitative field; a Master’s degree is preferred
  • Strong background in data structures, algorithms and programming
  • At least 5 years of practical experience with modern C++, ideally in a high performance context
  • Real-world experience with Python is highly appreciated
  • Rust and/or functional language experience is also appreciated, but not required
  • Strong experience in the design, implementation and deployment of high performance distributed systems or low latency trading systems highly appreciated
  • Good working knowledge of Linux both as a user and development target
  • A strong ownership and self-driven mindset, with the ability to manage multiple tasks and priorities
  • Ability to communicate clearly and effectively both at a high level and in the details
Responsibilities
  • Designing, implementing, deploying and maintaining a low latency, high frequency trading platform, from market data handling to trading strategy framework and components
  • Designing, implementing, deploying and maintaining a high performance, massively scalable research platform that integrates seamlessly with our trading platform
  • Designing, implementing and deploying data analysis and systems monitoring tools, with a view towards quality control and early error detection
  • Evaluating third-party libraries and frameworks in detail and leveraging existing state-of-the-art solutions to solve business problems when applicable
  • Contributing to technology intelligence and tech debt minimization by staying informed on modern trends and developments across the business tech space and ensuring up-to-date best practices in the software lifecycle are maintained
Desired Qualifications
  • Experience with Rust and/or functional languages is appreciated, but not required
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 in the market. 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, capitalizing on market inefficiencies.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$62M

Headquarters

New York City, New York

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on AI-driven trading algorithms enhances Tower's trading strategies.
  • New exchanges like TXSE present opportunities for Tower to expand operations.
  • Investing in AI startups diversifies Tower's portfolio and leverages AI technologies.

What critics are saying

  • TXSE's advanced order matching engine could increase competition in high-frequency trading.
  • Former Tower executives joining competitors may enhance those firms' trading capabilities.
  • Investments in AI startups may divert focus from Tower's core trading operations.

What makes Tower Research Capital unique

  • Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
  • The firm offers rapid execution and minimal latency, capitalizing on market inefficiencies.
  • 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

Tech News 180
Mar 19th, 2025
CaseBlink Raises $2M to Advance AI in Immigration Law

CaseBlink raises $2M in pre-seed funding, led by Tower Research Ventures and top immigration law firms.

Finsmes
Mar 19th, 2025
CaseBlink Secures $2M in Pre-Seed Funding

CaseBlink, an AI startup based in Miami, FL, raised $2M in pre-seed funding. The round was led by Tower Research Ventures, VCs, and immigration law firms, including Fakhoury Global Immigration. The funds will be used to expand operations and development efforts. CaseBlink, led by CEO Khalil Zlaoui, recently launched Studio, a customizable AI drafting tool for immigration attorneys.

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.