High-Frequency Trading and Development Internships (Summer 2013)
Tower Research Capital - New York, NY
Tower Research Capital LLC, a high-frequency proprietary trading firm founded in 1998, seeks interns. Tower’s in-house trading system—one of the fastest and most comprehensive in the world—enables the firm to execute algorithmic trading strategies based on patterns in market behavior. High-Frequency Trading Interns will work with Tower’s trading teams or Analytics team to explore new trading opportunities, while High-Frequency Development Interns will work with Tower’s Infrastructure team to enhance the firm’s robust, resilient, and blindingly fast trading platform.

Responsibilities

As an intern, you will expand Tower’s global trading capabilities. You will shape the future of this lucrative industry while working alongside other exceptional traders and developers to solve some of the most challenging engineering problems in the world. Your responsibilities may include any of the following, which will require you to exercise discretion and independent judgment:

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

Augmenting, improving, redesigning, and/or re-implementing Tower’s low-latency/high-throughput production trading environment, which collects data from and disseminates orders to exchanges around the world

Optimizing this platform by using network and systems programming, as well as other advanced techniques

Developing systems that provide easy access to historical market data and trading simulations

Building risk-management and performance-tracking tools

Qualifications

Tower encourages PhD, bachelor’s, and master’s students in computer science, mathematics, physics, electrical engineering, and related fields to apply. Requirements include:

Brilliant problem-solving abilities

A strong background in data structures, algorithms, and object-oriented programming, preferably in C++ or Java

The ability to manage multiple tasks in a fast-paced environment

Strong communication skills

Financial experience is not required.

Benefits

Tower's main office and garden roofdeck are located in TriBeCa, a neighborhood in downtown Manhattan. While we work hard, 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 compensation

Housing accommodations

Free breakfast, lunch, and snacks on a daily basis

Free gym membership

Free tickets to New York events, plus activities and opportunities especially for interns

Mentors from top engineering institutions

Tower Research Capital - 9 months ago - save job - block
About this company
Tower Research Capital LLC is a financial services firm located in New York that specializes in quantitative trading and investment strategi...