Quantitative Researcher

Chicago, IL. Posted 14 days ago

The role

The Quantitative Researcher will research trading opportunities from market data and develop exchange simulators. This role involves researching market microstructure and designing, implementing, and deploying new ultra-low latency trading strategies.

What you will do

Creating analysis tools to research trading opportunities from market data
Developing, augmenting and calibrating exchange simulators
Researching market microstructure
Creating high to mid frequency alphas from market data
Profiling performance of existing ultra-low latency trading strategies
Researching, designing, implementing, and deploying new ultra-low latency trading strategies
Creating post-trade tools to monitor trading performance and competitiveness

Required qualifications

Bachelor’s degree or foreign equivalent in Mathematics, Statistics, Computer Science or related field
Five (5) years of experience in a Quantitative Researcher or Quantitative Developer position, job offered, or related occupation
3 years of experience with machine learning modeling
Low latency trading
Mathematics and statistics, specifically machine learning techniques that deal with large data sets
Financial instruments and their derivatives
CME microstructures and market data protocol
Python for scientific computing
C++ language for designing patterns and template meta-programming

Benefits

Generous paid time off policies
Savings plans and other financial wellness tools available in each region
Hybrid working opportunities
Free breakfast, lunch, and snacks daily
In-office wellness experiences and reimbursement for select wellness expenses
Company-sponsored sports teams and fitness events
Volunteer opportunities and charitable giving
Social events, happy hours, treats, and celebrations throughout the year
Workshops and continuous learning opportunities

Before you apply

Email your resume indicating job # ID 00097686 to: Tower HR at us-ta@tower-research.com

About the company

Tower Research Capital is a leading quantitative trading firm founded in 1998. The firm has a 25+ year track record of innovation and a reputation for discovering unique market opportunities.