Quantitative Developer Intern - Summer 2027

Tower Research Capital; New York (NY); On-site; USD 159,250 - 259,350; Full time

Benefits offered by this job

Housing accommodation

Free meals

Networking events

Mentors from senior management

Learning opportunities

Job summary

Tower Research Capital is a leading quantitative trading firm hiring student developers to work on its high-performance trading and research platforms in New York and Chicago. You will contribute to low-latency infrastructure, FPGA acceleration, and ML-enabled tooling alongside experienced engineers.

Ideal candidates are pursuing a Bachelor’s, Master’s, or PhD in CS, Math, Physics, or EE, with strong C++ and Python skills, Linux proficiency, and a passion for financial markets.

Qualifications

• Pursuing a bachelor’s, master’s, or PhD in a STEM field.
• Strong programming skills in C++ and Python.
• Familiarity with Linux/Unix environments.
• Excellent problem-solving and communication abilities.
• Interest in financial markets and trading.

Responsibilities

• Architect and optimize low-latency trading and high-throughput training systems.
• Work with traders and researchers on daily tasks.
• Create tools to analyze data for patterns.
• Perform market observations and post-trade analysis.
• Develop, augment, and calibrate exchange simulators.
• Operate the team’s high-frequency trading strategies.

Skills

C++

Python

Linux

Problem solving

Communication

Financial markets interest

Education

Bachelor’s, Master’s, or PhD student

Majoring in computer science, mathematics, physics, electrical engineering, or related fields

Job description

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.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low‑latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

At Tower, employees will find a stimulating, results‑oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities

• Architect and optimize performant low‑latency trading and high‑throughput training systems
• Work extensively with traders and researchers
• Creating tools to analyze data for patterns
• Make market observations and conducting post‑trade analysis
• Developing, augmenting, and calibrating exchange simulators
• Operate the team’s high‑frequency trading strategies

Qualifications

• Bachelor’s, Master’s, or PhD student
• Majoring in computer science, mathematics, physics, electrical engineering, or related fields
• Proficient in an object‑oriented programming language (C++ and Python preferred)
• A working knowledge of Linux/Unix
• 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 (not required)

• Past industry experience
• Experience as a Teaching Assistant and/or participation in relevant Olympiads
• Familiarity with machine learning, data analysis, market research and data modeling

Anticipated New York and Chicago weekly base salary range $3,500-5,700.

Benefits

• Competitive compensation package
• Housing accommodation
• 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

Tower Research Capital is an equal opportunity employer.