Quantitative Trader/Researcher Summer Internship 2027

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

The 2027 TACTIC (Trading, Algorithmic Computing, & Theory Internship Class) Programme

Our trading teams are hiring aspiring quantitative traders/researchers for internships in Summer 2027 (open exclusively to penultimate-year or final-year students).

This year, we are excited to launch a brand-new rotational internship programme: TACTIC (Trading, Algorithmic Computing, & Theory Internship Class). As part of our inaugural class, you’ll have a unique opportunity to immerse yourself in the world of quantitative trading, learning directly from experienced traders and gaining hands-on exposure to different teams, strategies, and approaches.

As part of this program, you will:

Join a Collaborative Cohort: Kick off your internship with two weeks of structured learning alongside your fellow interns, connecting directly with leaders and teams across Tower to build a strong foundational understanding of quantitative finance and our global platform.

Rotate Across Two Trading Teams: Gain hands-on experience with two distinct trading teams, exploring Tower’s diverse strategies and trading approaches, and how they fit into firm-wide operations.

Responsibilities

Working in your assigned trading teams to assist in the design, implementation, and deployment of high- or mid-frequency trading algorithms.

Working closely with dedicated mentors across both team rotations to research, refine, and enhance existing trading strategies.

Exploring new trading ideas through in-depth analysis of financial market data.

Creating tools to analyze complex data sets for patterns and signal identification.

Contributing to core libraries of analytical computations to support market data analysis and trading execution.

Qualifications

Currently pursuing a Bachelor's, Master's, and/or PhD in Mathematics, Statistics, Physics, Electrical Engineering, Computer Science, Data Science, Financial Engineering, or related quantitative fields (Penultimate-year students only).

Strong background in Python and/or C++.

Exceptional problem-solving abilities and analytical thinking.

Passion for exploring new technologies, quantitative ideas, and financial markets.

Ability to adapt and manage multiple tasks effectively in a fast-paced environment.

Strong communication and collaboration skills, with an eagerness to learn in a cohort-based setting.

Benefits

Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:

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 (e.g., gym, personal training and more)

Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)

Volunteer opportunities and charitable giving

Social events, happy hours, treats, and celebrations throughout the year

Workshops and continuous learning opportunities

At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.

Tower Research Capital is an equal opportunity employer.