Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks talented and experienced Quantitative Traders and Researchers.

As a member of one of Tower’s trading teams, a Quantitative Trader / Researcher will be using Tower’s in-house trading system—one of the fastest and most comprehensive in the world—to develop and deploy algorithmic trading strategies based on patterns in market behavior.

Responsibilities

Designing, implementing and deploying trading algorithms
Researching high to mid frequency alphas
Exploring trading ideas by analyzing market data, market microstructure and alternate data for patterns
Creating tools to analyze data for patterns and developing data platforms
Contributing to libraries of analytical computations to support market data analysis and trading
Developing, augmenting and calibrating exchange simulators

Qualifications

A Bachelors, Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
Experience in quantitative trading is preferred but not a requirement
A strong background in mathematics and statistics
Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation and Principal Component Analysis)
Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data
Familiarity with signal generation and statistical models
Strong programming skills in Python or C++

Anticipated New York annual base salary range $120,000-200,000, plus eligible for discretionary bonus

Benefits

Tower is headquartered in New York City, and has offices around the globe. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

5 weeks of paid vacation plus paid holidays
Free breakfast, lunch, and snacks on a daily basis
Reimbursement for health and wellness expenses
Free events and workshops
Donation matching program

Tower Research Capital is an equal opportunity employer.

Tower Research Capital jobs

Quantitative Trader / Researcher - US