Quantitative Developer Intern at Tower Research Capital

New York, New York, United States

Tower Research Capital Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Quantitative Finance, AI & Machine LearningIndustries

Skills

Key technologies and capabilities for this role

C++PythonLow Latency TradingAWSReactJSNode.js

Questions & Answers

Common questions about this position

What is the salary for the Quantitative Developer Intern position?

This information is not specified in the job description.

Is this internship remote or onsite?

The position is onsite.

What skills are required for this internship?

Required skills include experience writing C++ in a large-scale codebase in a professional setting and experience with Python.

What bonus skills are mentioned for this role?

Bonus skills include experience with low latency trading platforms, familiarity with cloud platforms such as AWS, and knowledge of ReactJS and Node.js.

What experience makes a strong candidate for this internship?

Strong candidates will have professional experience writing C++ in large-scale codebases and Python programming, with bonus for low-latency trading, AWS, ReactJS, and Node.js.

Tower Research Capital

High-frequency trading and technology solutions

About Tower Research Capital

Tower Research Capital operates in the financial markets by providing high-frequency trading services. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies in the market. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Tower Research Capital's business model focuses on generating profits through proprietary trading strategies and executing a large volume of trades with minimal delay. The company continually invests in research and development to stay ahead of its competitors in the high-frequency trading industry.

New York City, New YorkHeadquarters
1998Year Founded
$60MTotal Funding
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
1,001-5,000Employees

Benefits

5 weeks of paid vacation per year
401(k) with company matching
Free meals and snacks
Reimbursement for health and wellness expenses

Risks

Talent drain to competitors may impact Tower's competitive edge in high-frequency trading.
Increased competition from new trading platforms could challenge Tower's market share.
Diversification into ventures like Sporttrade might divert focus from core trading activities.

Differentiation

Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
The firm offers rapid and reliable trading solutions for institutional investors and hedge funds.
Tower Research Capital continuously invests in R&D to maintain its competitive edge.

Upsides

Increased focus on AI-driven trading strategies enhances Tower's algorithmic capabilities.
Tower's investment in blockchain technology improves transaction speed and security.
Collaboration with academic institutions boosts algorithm development and innovation.

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