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Tower Research CapitalNew York City, NY · Chicago, IL

Quantitative Trader Intern - Summer 2027

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Programme

Internship

Location

New York City, NY · Chicago, IL

About the role

Tower Research Capital offers a Quantitative Trader Internship for students in computer science, math, physics, or related fields. Interns design and deploy high-frequency trading algorithms and analyze market data in a collaborative, tech-driven environment.

Responsibilities

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

Qualifications

  • Bachelor’s, Master’s, or PhD student in relevant fields.
  • Proficient in object-oriented programming (C++ and Python preferred).
  • Working knowledge of Linux/Unix.
  • Strong problem-solving and communication skills.
  • Passion for new technologies and financial markets.
  • Ability to manage multiple tasks in a fast-paced environment.

Preferred Qualifications

  • Past industry experience.
  • Teaching Assistant or Olympiad participation.
  • Familiarity with machine learning, data analysis, and market research.

Benefits

  • Competitive compensation package ($3,500-$5,700 weekly base salary).
  • Housing accommodation provided.
  • 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 culture.