Quantitative Trader/Researcher Intern - Summer 2027

Tower Research Capital; New York (NY); On-site; USD 182,000 - 296,000; Full time

Benefits offered by this job

Competitive compensation package

Housing accommodation

Free breakfast, lunch, and snacks daily

Networking events

Mentorship opportunities

Job summary

Tower Research Capital, a leading quantitative trading firm based in New York, is seeking talented individuals to design and implement high-frequency trading algorithms. Candidates should be pursuing a degree in computer science, mathematics, or related fields with strong programming skills in languages like C++ and Python.

This position offers a competitive weekly salary and a comprehensive benefits package including housing accommodation and daily meals. Join us to work in a dynamic environment with opportunities for networking and mentorship.

Qualifications

• Pursuing a degree in computer science, mathematics, physics, electrical engineering, or related fields.
• Strong understanding of object-oriented programming languages.
• Interest in financial markets and new technologies.

Responsibilities

• Designing high-frequency trading algorithms.
• Analyzing market data for trading ideas.
• Creating analysis tools for data patterns.
• Developing exchange simulators.

Skills

Object-oriented programming

Problem-solving

Communication skills

Knowledge in financial markets

Education

Bachelor’s, Master’s, or PhD in relevant fields

Tools

C++

Python

Linux/Unix

Job description

Tower Research Capital is a leading quantitative trading firm founded in 1998.

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

Responsibilities

• Designing, implementing, and deploying high-frequency trading algorithms
• 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

• 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

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.