Production Trader, Low-Latency Market Making

Trading Interview; New York (NY); On-site; USD 120,000 - 200,000; Full time

Job summary

Tower Research Capital is seeking a talented and experienced Production Trader to join a Market Making team in a fully automatised, low latency environment in New York.

You will run and monitor trading systems, manage book sizes and risks, price ETFs, EFPs and BTICs, and work with IT and Quants to enhance strategies and systems. The role offers a discretionary bonus and growth opportunities in a global firm.

Qualifications

• Masters or PhD in Mathematics, Statistics, CS or related STEM field.
• 3–7 years in the financial industry; quantitative trading preferred.
• Strong STEM background.
• Proficient in back-testing, simulation, and statistical techniques.
• Data-mining and analysis of large tick data.
• Familiarity with signal generation and statistical models.
• Strong Python programming.
• Working knowledge of Linux and SQL.
• Good communication and collaboration; able to multitask.

Responsibilities

• Run and monitor the trading systems to ensure smooth operation.
• Manage book sizes and various risks.
• In charge of pricing ETFs, EFPs, BTICs.
• Propose enhancements to strategies and systems in collaboration with IT and Quants.

Skills

Python

Communication

Team collaboration

Multi-tasking

Back-testing

Education

Masters or PhD in Mathematics/Statistics/CS or STEM

Tools

Linux

SQL

Job description

Tower Research Capital is seeking a talented and experienced Production Trader to join a Market Making team in a fully automatised, low latency environment in New York.

You will run and monitor trading systems, manage book sizes and risks, price ETFs, EFPs and BTICs, and work with IT and Quants to enhance strategies and systems. The role offers a discretionary bonus and growth opportunities in a global firm.