Quantitative Researcher

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks Quantitative Researcher Interns in Shanghai.

As a member of one of Tower’s trading teams, a Quantitative Researcher Intern will be using Tower’s in-house trading system—one of the fastest and most comprehensive in the world—to develop and deploy algorithmic trading strategies based on patterns in market behavior.

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

Who You Are:

You are talented, driven, and hungry for a challenge. You believe that there’s no limit to what we can accomplish together in a creative, collaborative setting which pairs passion with brilliance. If you refuse to settle for a career that offers anything less, we want to meet you!

• Bachelor’s student
• Majoring in computer science, mathematics, physics, electrical engineering, or related fields
• Seeking a 3-month internship
• Proficient in an object-oriented programming language (C++ and Python preferred)
• A working knowledge of Linux/Unix
• Past industry experience (a plus)
• Experience as a Teaching Assistant and/or participation in relevant Olympiads (a plus)
• Familiarity with machine learning, data analysis, market research and data modeling (a plus)
• 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

Financial experience is not required, but interest in financial markets is a plus.

Benefits:

Tower continues to enhance the in-house trading system and strategies that have positioned the firm as a leader in the thriving field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• Competitive salary
• Lunch and snacks on a daily basis
• Free events and workshops
• 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.