Quantitative Research Internship - 6 Months, Central Execution Research
HybridLondon, England, United Kingdom
Job Summary
Explore execution and trading ideas by analyzing market microstructure for patterns in liquidity, trading costs, and execution outcomes. Build tools, simulations, and analytics to support trading and execution decisions while contributing to research libraries and production workflows. Design and evaluate models, performing causal analysis on large, noisy datasets through robust data-processing and model-calibration pipelines. This six-month internship at Tower Research Capital's Central Execution Desk focuses on cutting-edge execution research, modeling, and performance evaluation within a global quantitative trading firm.
Required Qualifications
- A current student from a top-tier university pursuing a PhD in Mathematics, Statistics, Computer Science, Financial Engineering, Physics, Operations Research, Economics, or an equivalent quantitative discipline
- A strong grounding in mathematics, statistics, optimization, and machine learning
- In depth data-mining and analysis skills
- Strong programming skills in one or more of Python, C++ and Rust
- An interest in in market microstructure, optimal execution, causal inference, and quantitative trading
Desired Qualifications
- Familiarity with large financial, tick, or order-book datasets, market microstructure, transaction cost analysis, market impact, simulation, or optimal execution
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