Quantitative Research Analyst

Tower Research Capital   •  

New York, NY

Industry: Accounting, Finance & Insurance

  •  

Less than 5 years

Posted 172 days ago

This job is no longer available.

Quantitative Research Analyst

Tower Research Capital LLC, a high-frequency proprietary trading firm founded in 1998, seeks Quantitative Research Analysts. As a member of one Tower’s trading teams, a Quantitative Research Analyst uses 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

The Quantitative Research Analyst will be responsible for:

  • 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

Qualifications

The ideal candidate will have:

  • A PhD from a top-tier university
  • 1-3 years of research experience in high-frequency trading
  • A strong background in mathematics and statistics
  • Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation, and Principal Component Analysis)
  • Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data
  • Familiarity with signal generation and statistical models
  • Strong programming skills in C++, MATLAB, and R