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Tower Research CapitalNew York City, NY

Quantitative Trader Intern, PhD

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Programme

Internship

Location

New York City, NY

Duration

4-6 months or 10-week summer term

About the role

Join Tower Research Capital as a Quantitative Trader Intern in New York, designing and deploying high-frequency trading algorithms while analyzing market data and enhancing trading strategies.

Responsibilities

  • Design, implement, and deploy high-frequency trading algorithms.
  • Research and enhance trading strategies with a dedicated mentor.
  • Analyze market data and microstructure for trading patterns.
  • Create tools for data pattern analysis.
  • Contribute to analytical computation libraries for market data.
  • Develop and calibrate exchange simulators.

Qualifications

  • Available for 4-6 months or a 10-week summer term.
  • PhD student in math, statistics, physics, EE, CS, economics, or related fields.
  • Strong background in C++, R, Python, or object-oriented programming.
  • Strong problem-solving and communication skills.
  • Passion for new technologies and ideas.
  • Ability to manage multiple tasks in a fast-paced environment.

Preferred Qualifications

  • Past industry experience.
  • Experience with machine learning.

Salary and Benefits

  • Weekly base salary range $3,500-$5,700 in New York.
  • Competitive compensation package.
  • Free breakfast, lunch, and snacks daily.
  • Networking and social events like Broadway shows and cooking classes.
  • Mentorship from senior management and alumni.
  • Collaborative, casual, and ego-free work environment.