Quantitative Researcher – Central Execution Desk Tower Research Capital · London, United Kingdom

Tradermath; City of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading quantitative trading firm in London is seeking a Quantitative Researcher for their Central Execution Desk. The role involves modeling market microstructure and improving execution algorithms. Ideal candidates will have a strong educational background in STEM fields and prior experience in electronic trading. Competitive compensation and a stimulating work environment are offered.

Qualifications

• A minimum of 3+ years researching and building execution algorithms or TCA/market-impact models in electronic trading.
• Strong knowledge of statistical, machine-learning toolkits including time-series analysis.
• Advanced programming in Python.

Responsibilities

• Modeling market microstructure using various techniques.
• Researching and improving execution algorithms.
• Building advanced market impact and post trade models.

Skills

Statistical & machine-learning toolkits

Python programming

Time-series analysis

Education

PhD or equivalent STEM degree

Tools

C++

Rust

Linux

Job description

Quantitative Researcher – Central Execution Desk at Tower Research Capital

Quantitative Researcher – Central Execution Desk (London)

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.

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

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

Responsibilities

• Modeling market microstructure using short‑term alpha signals, order‑book dynamics and other techniques
• Researching, implementing and improving execution algorithms from concept through to production
• Building advanced market impact and post trade models
• Working closely with traders, quant developers, and infra engineers to transition research prototypes into robust production code, monitoring, and continuous improvement loops
• Authoring research notes, dashboards, and tooling that elevate execution insight across Tower’s global trading teams

Qualifications

• A PhD (preferred), Masters or Bachelors degree from a top-tier university in Mathematics, Statistics, Computer Science, or equivalent STEM degree
• A minimum of 3+ years researching and building execution algorithms or TCA / market‑impact models in electronic trading (buy-side, sell-side, or venue)
• Strong knowledge of statistical & machine‑learning toolkits, including time‑series analysis, optimisation, experiment design and A/B testing
• Advanced programming in Python, knowledge of C++/Rust is a plus
• Familiarity with time‑series Databases, Linux and version control

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