Back

Tower Research Capital

Tower is always looking for exceptional people to join our team. 

Tower Research Capital has assembled a world-class team from the top educational and research insitutions, and is currently hiring for a number of challenging positions across quantitative trading, engineering, and support functions.

A career with Tower is a chance to not only become an expert in the quantitative trading industry, but to shape its future alongside the people who are building it from the ground up. Our flat organizational structure means that all teams interact closely with Tower management and have the opportunity to influence new projects.

About Us

Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.


Our Founder

In addition to Tower, Mark has launched a diverse constellation of companies and green advocacy organizations including LimeWire and OpenPlans.  Prior to founding Tower, Mark worked as a fixed income proprietary trader at Credit Suisse First Boston. He began his career as an engineer at Martin Marietta, specializing in digital signal processing and speech recognition.  Mark graduated from Yale University with a B.S. in electrical engineering and earned an M.S. in electrical engineering from Stanford University and an M.B.A. from Harvard Business School.


What We Do

Our internal trading teams are independent from one another, enjoying autonomy while accessing shared technology resources such as hardware, software, and connectivity as well as resources such as business management, legal, compliance, and risk management.

At the heart of operations is our core engineering team, which owns the architecture, implementation and optimization of the trading platform itself.  This includes developing systems and tools to access market data, perform trend analysis, run trading simulations, order entry and management, real-time trade support, risk management and post-trade services.

Working together, our organization builds technology and deploys our diverse automated and quantitative strategies across a broad range of asset classes in global markets around the clock.


Our Culture

The greatest perk about working at Tower is having the freedom and opportunity to use your talent.  

Entrepreneurial spirit is embedded in our DNA.  Working here means that in collaboration with the bright minds around you, you will be expected to tackle challenges old and new by thinking and learning at every step of the way.

Full time
 
Senior Project Manager
Tower Research Capital New York, NY, USA
Tower Research Capital LLC, a quantitative proprietary trading firm founded in 1998, seeks a Project Manager to join our Global team. This team is responsible for driving firm-wide initiatives that require planning, coordination, and technical delivery across all groups including  Core Engineering, Trading, Risk Management, Compliance, Finance and Operations. Responsibilities Ensuring that projects are initiated, analyzed, planned and implemented so as to meet defined business objectives. Leading  and managing multiple  projects simultaneously, often involving global, multi-functional teams (e.g., IT, Finance, Operations, Risk, and Compliance). Leveraging industry experience to proactively request and discern business requirements from all departments. Continually improve industry and Tower knowledge to enhance this capability. Identifying tactical vs strategic solutions to problems, and highlight tradeoffs between them, so that stakeholders can make informed...

Jan 16, 2025
Full time
 
Reliability Engineer II
Tower Research Capital Gurugram, Haryana, India
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998 is at the forefront of the high-frequency trading (HFT) market. We believe in using innovative technology to create new opportunities in the world of finance and high frequency platforms. We are seeking a proactive and technically adept Team Member for our Support Team based in India, focusing on the MCX, NSE, and BSE markets. This role is integral to our operations, ensuring our systems and strategies are functioning optimally. The successful candidate will be reactive, well-versed in Python, and have experience in growing existing Python frameworks. Expertise in building and managing Airflow DAGs is crucial. Familiarity with Order Routing, Market Data, and various venue protocols is necessary. Responsibilities : Working with a Regional support team, ensuring efficient handling of issues, and providing timely solutions. Enhancing our existing Python script framework, driving its growth and...

Jan 14, 2025
Full time
 
Senior Project Manager
Tower Research Capital New York, NY, USA
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Senior Project Manager to join our Regional Operations Management team.  Responsibilities Managing the scope of software & infrastructure-driven projects (Full Project Lifecycle) The successful candidate will liaise between all technology and non technology departments, for the success of the overall project and delivery of the project within the agreed time, scope, and budget Generating and maintaining accurate project documentation (spreadsheets, diagrams, and process maps) and project plans (MS Project/JIRA/Confluence/Visio, etc.) Managing overall technical project schedules by developing and tracking project objectives, project milestones, resources, and timelines Managing risks, constraints, dependencies and resolving issues that affect scope, schedule, budget and quality of the projects Engaging in internal and external meetings to gather project requirements and...

Jan 14, 2025
Full time
 
Senior Software Engineer (Python)
Tower Research Capital New York, NY, USA
Description Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Senior Software Engineer to join one of its trading teams in New York. You will be joining the US Development team and will be in charge of improving the current research framework through the development of existing and new tools, and provide close day-to-day support to the quantitative research team on-site.  Responsibilities Iterating quickly with on-site quantitative researchers on the research processes in order to improve the desk's quantitative trading strategies P&L Developing Python tools used in trading strategies research Improving the existing simulation and backtest framework Monitoring & maintenance of quantitative research jobs Help global research team on US-related research through various communication channels Requirements Bachelor's degree in Computer Science, Engineering, or a related field (or equivalent practical...

Jan 14, 2025
Full time
 
Service Desk Administrator
Tower Research Capital Shanghai, China
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a skilled Service Desk Administrator to join our Enterprise Technology team in Shanghai. We are looking for a smart, patient, and dedicated individual who will work with Tower’s employees to resolve hardware and software issues.  Responsibilities The Service Desk Administrator will be responsible for: Identifying, prioritizing, resolving and triaging incidents and requests Monitoring and overseeing the Service Desk Function, and reporting any incidents and escalations Assist Infosec with tasks related to identifying and handling IT security incidents using industry best practices Proactively working on issues, identifying problem areas, and providing solutions to enhance quality of service and to prevent future problems Supporting, Installing and troubleshooting meeting room AV hardwares. Knowledge with Logitech/Google AV hardware would be a plus Installing, troubleshooting...

Jan 14, 2025
Full time
 
Software (C++) Engineer
Tower Research Capital Gurgaon, India
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks experienced Software Developers for our Core Engineering team. These systems enable Tower to execute algorithmic trading strategies based on patterns in market behavior. By building and maintaining this high-performance infrastructure, Tower’s developers have helped to position the firm as a leader in the field of quantitative trading. Responsibilities Designing and implementing a high-frequency trading platform, which includes collecting quotes and trades, and disseminating orders to exchanges around the world Optimizing this platform by using network and systems programming, as well as other advanced techniques, to minimize latency Building and improving our automated risk controls, risk monitoring solutions and real time reconciliation systems Developing systems that provide easy access to historical market data and trading simulations Shaping the future of the Core...

Jan 14, 2025
Full time
 
Software Developer
Tower Research Capital Singapore
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Software Developer to join one of its trading teams in Singapore to design, develop, and implement efficient code for various components of the team's low latency, high throughput production trading and research system. Responsibilities Designing and implementing a low latency high-frequency trading platform, which includes collecting quotes and trades from and disseminating orders to exchanges around the world Assisting in the development of a tick by tick backtesting research platform Assisting in development and optimizing large-scale parallel computation problems that requires large quantities of data shared across resources Optimizing the computational efficiency of existing machine learning based algorithms to drive higher performance and faster learning rates Developing systems, interfaces and tools to historical market data and trading simulations that increase...

Jan 14, 2025
Full time
 
Software Engineer I
Tower Research Capital Gurugram, Haryana, India
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Software Developer to join our Post-Trade team. Post-Trade division is responsible to manage the firm's new generation of middle and back-office functions including books and records, P&L, reconciliation systems, fees, regulatory reporting and surveillance - and further to achieve efficiency in treasury and finance accounting functions through technological innovation. Responsibilities Developing the firm’s Post Trade Platform tools - including reference data management, trade capture, reconciliation, P&L, trade cost management, surveillance, compliance and regulatory functions. Works with appropriate stakeholders to determine user requirements for a set of features. Works in collaboration with teams across the organization to develop reliable, scalable, and high-performance, software designs. Responsible for technological innovation in build-out of the new generation...

Jan 14, 2025
Full time
 
Systems/HPC Engineer
Tower Research Capital New York, NY, USA
Tower Research Capital LLC, a high-frequency proprietary trading firm founded in 1998, seeks a Linux System Administrator to join our Server Reliability Engineering team. The Server Reliability Engineering organization is responsible for providing innovative processes and tools for the operation of Tower's high-frequency Linux-based trading platforms and High Performance Computing Environment (HPC). You will also be expected to propose and drive the adoption of Infrastructure as Code (IaC) practices to make our storage solutions scalable and manageable, and develop our growing needs with GPU, balancing on-premises and cloud-based resources. Responsibilities Supporting, maintaining, and enhancing the firm's trading Linux infrastructure Supporting, maintaining, and enhancing the firm's HPC infrastructure for research Providing support specifically for the Linux and HPC environments including: Emergency response Execution of planned changes, updates, and deployment...

Jan 14, 2025
Full time
 
Technical Financial Associate
Tower Research Capital Gurugram, Haryana, India
Technical Financial Associate Tower Research Capital LLC, a high-frequency proprietary trading firm founded in 1998 headquartered in New York, continues to enhance the in-house trading system that has positioned the firm as a leader in the field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, Tower’s laid-back work environment reflects the premium the firm places on the quality of life.  Tower Research Capital LLC seeks a Technical Financial Associate in Gurgaon, India. The Telco division is responsible for providing connectivity inter and intra global exchange locations for the transmission of Tower’s high-frequency trading data. As the Technical Financial Associate, you will be responsible for: analyzing, reviewing, data-entry and generating reports for telecommunication-related invoices/bills; and, supporting intra-company chargebacks to internal clients.  Responsibilities As a Technical Financial Associate,...

Jan 14, 2025
Full time
 
Technical Project Manager
Tower Research Capital Singapore
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Technical Project Manager (TPM) to join our Core Engineering team in Singapore. Responsibilities Managing the scope of software and hardware driven projects through their entire lifecycle Managing overall technical project schedules by developing and tracking project objectives, project milestones, changes, resources, and timelines Managing risks, escalating project and task anomalies, and resolving problems identified during projects Participating in internal and external meetings (including, but not limited to, exchanges, brokers, and other vendors) to gather project requirements and preparing detailed summarizes to share with relevant stakeholders Generating and maintaining accurate project documentation (spreadsheets, diagrams, and process maps) and project plans (MS Project/JIRA/Confluence/Visio, etc.) Liaising between all technology departments, understanding...

Jan 14, 2025
Full time
 
Technical Project Manager
Tower Research Capital Hong Kong
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Technical Project Manager (TPM) to join our Core Engineering team in Hong Kong. Responsibilities Managing the scope of software and hardware driven projects through their entire lifecycle Managing overall technical project schedules by developing and tracking project objectives, project milestones, changes, resources, and timelines Managing risks, escalating project and task anomalies, and resolving problems identified during projects Participating in internal and external meetings (including, but not limited to, exchanges, brokers, and other vendors) to gather project requirements and preparing detailed summarizes to share with relevant stakeholders Generating and maintaining accurate project documentation (spreadsheets, diagrams, and process maps) and project plans (MS Project/JIRA/Confluence/Visio, etc.) Liaising between all technology departments, understanding...

Jan 14, 2025
Full time
 
Trade Monitor
Tower Research Capital New York, NY, USA
Trade Monitor Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Trade Monitor in New York. The Trade Monitor will join one of our existing trading teams to provide support for our trading and risk system. Responsibilities Start and supervise Tower’s automated trading systems in a variety of markets for trading team Monitor live trading for risk and compliance issues and quickly respond to unusual behaviors or market conditions Work closely with portfolio managers and quantitative developers to deploy models, observe behaviors of production strategies, and implement prescribed changes during the trading day Proactively troubleshoot and resolve issues related to scripts and processes for day to day trading activities Communicate with support staff, brokers and exchanges to resolve intra-day trading issues Carefully document procedures and log production issues as they occur Qualifications At least 2 years of...

Jan 14, 2025
Full time
 
Trade Monitor
Tower Research Capital Chicago, IL, USA
Trade Monitor Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Trade Monitor in Chicago. The Trade Monitor will join one of our existing trading teams to provide support for our trading and risk system. Responsibilities Start and supervise Tower’s automated trading systems in a variety of markets for trading team Monitor live trading for risk and compliance issues and quickly respond to unusual behaviors or market conditions Work closely with portfolio managers and quantitative developers to deploy models, observe behaviors of production strategies, and implement prescribed changes during the trading day Proactively troubleshoot and resolve issues related to scripts and processes for day to day trading activities Communicate with support staff, brokers and exchanges to resolve intra-day trading issues Carefully document procedures and log production issues as they occur Qualifications At least 2 years of...

Jan 14, 2025
Full time
 
Application Support Developer
Tower Research Capital London, UK
Responsibilities: Take ownership of the current production code base (python, bash), maintain and improve it Monitor and fix any issue related to that code before trading open Create new tools to ease the production traders life Fix bugs seen in production in the C++ application code base Requirements: Bachelor's degree in Computer Science, Engineering, or a related field (or equivalent practical experience). A Master's degree is preferred Good knowledge of python language, and submodules like multiprocessing, requests Minimum 3 years experience in Python development, in a production environment if possible Ability to debug and fix issues quickly Nice to have: Experience in C++ development Experience with scripting languages such as Bash Experience with workflow management and task scheduling Good knowledge of both Equities and Equity Derivatives trading Benefits Tower’s office is located in the heart of London’s financial district,...

Jan 14, 2025
Full time
 
Associate Clearing & operations
Tower Research Capital Gurgaon , Gift
Tower Research Capital India Pvt. Ltd., an affiliate of the high-frequency proprietary trading firm Tower Research Capital LLC (“Tower”), seeks an Associate for India Trade Operations with strong communication and analytical skills to contribute to local and global operations support within our post trade infrastructure.  Our firm successfully executes a range of different strategies across multiple trading teams in a variety of markets. We have an extremely high-performance network that processes a vast amount of financial information in real time. Responsibilities: Daily trade and process monitoring, as well as PNL reporting; ad-hoc exception handling and query management  Affirmation of trades, minimizing operational risk and maximizing straight through processing  Daily reconciliation of position, trades, cash, NAV, and fees Supporting clearing and settlement processes across multiple asset classes: Equity, Fixed Income, Derivatives, FX, and Commodities...

Jan 14, 2025
Full time
 
Associate, Data Acquisition
Tower Research Capital New York, NY, USA
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Associate, Data Acquisition to join our Market Data team in our New York office. Responsibilities The candidate will report to Tower’s Global Market Data Manager. He or she will work closely with both internal and external stakeholders on a variety of tasks, including: Analyzing existing data agreements with a focus on exchange/vendor reporting requirements, entity coverage, and audit documentation Liaising with Trading teams on allocation questions and requirements gathering for new Products Engaging in negotiations with market data vendors, exchanges, and index providers Assisting with monthly exchange/vendor reporting and allocations Liaising with Trading Teams and Support Teams (Legal, Operations, Core Engineering, etc) on a regular, operational basis Enhancing and automating existing processes for operational efficiency Qualifications The ideal candidate will...

Jan 14, 2025
Full time
 
Associate, Operations
Tower Research Capital London, UK
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Associate to join our Operations Team.  Responsibilities Daily reconciliation of internal data to external parties via position, trades, cash, NAV, and fees Assisting in the automation of daily task and procedures Prematching of trades and fails management for various markets Supporting clearing and settlement processes across asset classes: Equity, Fixed Income, Derivatives, FX, Commodities, and Crypto EOD trade processing and reporting of daily PnL for various markets Investigation of breaks raised by trading desks, other departments, and counterparties Maintaining and navigating data such as security master within our systems to help minimize and investigate breaks Maintain relationships with brokers to fix daily breaks, while continually improving processes long term Liasing with external software vendors to troubleshoot current processes and propose improvements...

Jan 14, 2025
Full time
 
Associate, Payroll
Tower Research Capital New York, NY, USA
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Payroll Associate to join our Human Resources team. The Payroll Associate will provide high quality support to Tower by executing an accurate semi-monthly payroll while maintaining the integrity of HR’s information systems, and supporting Tower employees with payroll and benefits service. Responsibilities Performing end-to-end activities of semi-monthly (multi-state) North American payrolls ensuring  timely and accurately processing, including scheduling, timelines, collection of information, analysis, input, reconciliation, funding, and follow-up Producing payroll and compensation reports as scheduled for various departments and assisting with participation in special surveys Managing the general ledger reporting process and preparing, auditing, and delivering files to Accounting Manage year end process of ensuring all necessary adjustments for accurate W2 processing are...

Jan 14, 2025
Full time
 
Core Intern
Tower Research Capital Gurugram, Haryana, India
Tower Research Capital India, a subsidiary of the New York high-frequency proprietary trading firm Tower Research Capital LLC, continues to enhance the in-house trading system that has positioned the firm as a leader in the field of quantitative trading. As an intern, you will be working alongside other exceptional engineers to solve some of the most challenging engineering problems in the industry. Your responsibilities may include any of the following, which will require you to exercise discretion and independent judgment: Responsibilities: ● Enhancing Tower’s low-latency trading platform, which collects data from and disseminates orders to exchanges around the world, using advanced techniques in network and systems programming. ● Improving Tower’s automated risk controls and real-time monitoring & reconciliation systems and enhancing it to support new types of trading and risk requirements. ● Developing tools for monitoring, alert management, configuration management, and...

Jan 14, 2025
Full time
 
Developer / Analyst
Tower Research Capital Amsterdam, Netherlands
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Developer and Analyst to join its Operations team. The team is part of Tower’s Middle and Back Office (MBO) function which is a key part to Tower’s business ensuring the completeness and accuracy of Tower’s books and records and meeting the demands of a growing and complex trading business.  Key Responsibilities Working with the Operations team to develop desk level automations to improve efficiency and accuracy of day to day tasks. Working with Tower’s Post Trade engineering teams to help ensure business and technical requirements are clear and will meet the business needs. Designing and developing reporting solutions and performing data analysis to monitor internal and external performance against KPIs/KRIs, leveraging advanced data analytics techniques. Taking ownership of products and tools maintained by the Operations team globally. Collaborate with stakeholders to...

Jan 14, 2025
Full time
 
Execution Trader
Tower Research Capital Singapore
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Execution Trader to join our Central Trading Desk team in the Singapore office. Responsibilities Working closely with multiple Portfolio managers to operate and implement trading strategies Starting and supervising Tower’s automated trading systems during Asian market hours  Assessing live trading for risk and compliance issues and quickly responding to unusual behaviors or market conditions Working closely with risk managers and trading teams to alert key staff of any intraday trading issues and collaborating with Tower's core engineering team, brokers, and exchanges to resolve problems in real time Documenting, monitoring procedures and logging production issues as they occur Requirements A bachelor’s degree from a top-tier college or university At least 3 years of experience in a trading role Experience working in a fund management role or firm, including...

Jan 14, 2025
Full time
 
Experienced Quantitative Trader
Tower Research Capital Multiple Locations
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, is always seeking exceptional Experienced Quantitative Traders. Tower highly values consistent profitability of trading strategies. If you meet the following criteria, Tower's team would be very interested in speaking with you. Qualifications Degree from a top college or university A strategy that is currently and consistently profitable, we are open to all markets and asset class categories Excellent Return on Capital (ROC) A proven track record (not just back-test data) Experience at a proprietary trading firm, hedge fund or bank Anticipated New York and Chicago annual base salary range $120,000- $200,000, plus eligible for bonus(es). Benefits Tower is headquartered in New York City, and has offices around the globe. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life....

Jan 14, 2025
Full time
 
Experienced Software Engineer (C++)
Tower Research Capital New York, NY, USA
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks experienced C++ Software Developers. Our systems enable Tower to execute algorithmic trading strategies based on patterns in market behavior. By building and maintaining this high-performance infrastructure, Tower’s developers have helped to position the firm as a leader in the field of quantitative trading.  Responsibilities Architecting the trading platform to facilitate the evolving needs of trading strategies, with emphasis on market data interfaces Designing and implementing a high-frequency trading platform, which includes collecting quotes and trades from and disseminating orders to exchanges around the world. Providing robust access to live and historical market data by leading development sprints and release cycles Optimizing this platform by using network and systems programming, as well as other advanced techniques to minimize latency Developing systems that...

Jan 14, 2025