Quantitative Trader Intern, PhD
Responsibilities
- Designing, implementing, and deploying high-frequency trading algorithms
- Working with a dedicated mentor to research and enhance existing trading strategies
- 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
Qualifications
- Availability for 4-6 months or 10-week summer term
- PhD student focusing on mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields
- A strong background in C++, R, Python, or an object-oriented programming language
- 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
- Interest in financial markets
Preferred Qualifications
- Past industry experience
- Experience with machine learning
Benefits
- Competitive compensation package
- Free breakfast, lunch, and snacks daily
- Exciting networking and social events (e.g. Broadway shows, escape rooms, cooking classes)
- Opportunities to learn from senior management across the firm
- Mentors from your alma mater and other top institutions
Pay
Anticipated New York weekly base salary range $3,500-5,700.
Schedule
Availability for 4-6 months or 10-week summer term
Location
Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.
About the Role
Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.
Skills
Strong problem-solving abilities, a passion for new technologies and ideas, and a strong background in C++, R, Python, or an object-oriented programming language.
Benefits
- Competitive compensation package
- Free breakfast, lunch, and snacks daily
- Exciting networking and social events (e.g. Broadway shows, escape rooms, cooking classes)
- Opportunities to learn from senior management across the firm
- Mentors from your alma mater and other top institutions
Company Information
Tower Research Capital is an equal opportunity employer.