Quantitative Trader Intern, PhD

Tower Research Capital is a leading quantitative trading firm founded in 1998. They are seeking a Quantitative Trader Intern to design and implement high-frequency trading algorithms while collaborating with mentors to enhance trading strategies.

What you'll do:

• 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

What they're looking for:

• 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
• Past industry experience
• Experience with machine learning

Benefits:

• 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
• Competitive compensation package
• Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win