Production Trader

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a talented and experienced Production Trader to join a Market Making team focusing on futures, ETFs and stocks in a fully automatised, low latency environment.

Responsibilities

• Ensure the systems operate smoothly: run and monitor the trading systems

• Manage book sizes and various risks

• In charge of pricing of ETFs, EFPs, BTICs

• Propose enhancements to the strategies/systems: work in conjunction with IT and Quants.

Qualifications

• Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree

• 3-7 years experience in the financial industry (experience in quantitative trading is preferred but not a requirement)

• A strong background in STEM

• 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 Python

• Working knowledge of Linux and familiarity with SQL

• Strong communication and collaboration skills, with the ability to work effectively as part of a team

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

Anticipated New York annual base salary range $120,000-200,000, plus eligible for discretionary bonus

Benefits

Tower is headquartered in New York City, and has offices around the globe. 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:

• 5 weeks of paid vacation plus paid holidays

• Free breakfast, lunch, and snacks on a daily basis

• Reimbursement for health and wellness expenses

• Free events and workshops

• Donation matching program

Tower Research Capital is an equal opportunity employer.