Tower Research Capital

What forces are shaping alpha, liquidity, and trading strategies in today's markets? Tower Chief Investment Officer John Cogman recently joined a panel at Citi Quant Services' Executive Leadership Forum to discuss some of the biggest trends in quantitative trading. Key themes included: - The growing convergence of high-frequency and medium-frequency trading - How firms are adapting to market structure evolution - The impact of retail participation and emerging asset classes - Why AI, infrastructure, and quantitative talent are becoming increasingly important competitive advantages As markets continue to evolve, success will depend on more than speed alone. It will require firms to combine research, technology, infrastructure, and talent to navigate increasingly complex trading environments. Read the full recap: https://lnkd.in/gJ_Fua8q 

Tower was pleased to welcome Andrew Gordon Wilson to our New York office for a seminar on advances in time-series forecasting. Andrew shared insights on foundation models, synthetic data generation, uncertainty representation, and other topics shaping the future of quantitative research and trading. Conversations like this reflect an important part of life at Tower: a culture of learning, curiosity, and technical rigor. By bringing leading thinkers from academia and industry directly to our teams, we aim to create opportunities for continued growth and deeper engagement with the ideas shaping our field. Thank you to Andrew for spending time with us and sharing his perspective! For the full recap, check out our blog: https://lnkd.in/gAamEkEU 

[ICML] Int'l Conference on Machine Learning 2026 brought together researchers, engineers, and practitioners from around the world to explore the latest advances in AI and machine learning. As a sponsor and exhibitor, Tower welcomed thousands of attendees to discuss how AI and machine learning are shaping quantitative research, engineering, and modern financial markets. Highlights from the week in Seoul included: - Connecting with quants, technologists, students, and industry leaders - Showcasing the work across Tower's research and engineering teams - Hosting our inaugural Production Trading System Challenge, which attracted nearly 800 participants ICML reinforced the growing intersection of machine learning research and quantitative finance – and, for us, the importance of engaging with the global AI community. Read the full recap: https://lnkd.in/g7mR_whD

Financial markets run on language as much as numbers. Natural language processing (NLP) helps firms turn earnings calls, regulatory filings, research reports, and breaking news into actionable insights. But building reliable systems for finance takes far more than a strong model. In our latest article, we explore: - How NLP supports research, trading, compliance, and decision-making - Why financial language presents unique challenges for AI systems - The role of retrieval, grounding, evaluation, and infrastructure - What separates production-grade systems from demos - How engineers combine machine learning, infrastructure, and domain expertise The central challenge is building systems that retrieve the right information, operate at scale, and produce outputs users can trust. Read the full article: https://lnkd.in/gxXdfdiC 

From cheering on the FIFA World Cup to celebrating Independence Day over lunch and enjoying a few sweet treats along the way, it's been a fun summer across our offices. While the work keeps us busy, these opportunities to connect outside of day-to-day projects make the experience even more rewarding. Take a look back at a few recent highlights. Explore life at Tower: https://lnkd.in/gZTtn7mQ

This UN World Youth Skills Day, Tower is proud to highlight our ongoing CSR partnership with Indian Institute of Technology, Bombay under the "AI for Social Good Lab." Led by Prof. Varsha Apte, Prof. kameswari chebrolu, and Prof. Ganesh Ramakrishnan, this initiative is supported by Tower's funding for its development, implementation, and critical GPU server infrastructure. Through this partnership, Tower has helped support: - BodhiTree: An AI-driven learning management system built for scalable technical education. - BodhiBot: An AI instructional assistant providing learners with real-time guidance. - Project Reach: 2,162 learners across India enrolled in the C++ Outreach Course. - Internships: 11 outstanding learners were selected for 45-day hands-on internships at IIT Bombay, bridging theory and real-world AI application. We’ve also extended GPU and implementation support to back the vital scientific research led by Prof. Sunita Sarawagi in AI and data science. Together, these efforts reflect a shared commitment towards democratizing high-quality tech education and fueling next-gen scientific innovations. Discover more here: https://lnkd.in/gQvWMMXe

From the New York Stock Exchange to a Broadway show, a sunset cruise around New York Harbor, and a summer happy hour, it's been an exciting few weeks for Tower's 2026 interns. Beyond gaining hands-on experience, our internship program is designed to help interns connect with one another, explore the city, and experience Tower's collaborative culture. We're looking forward to the rest of the summer and everything still to come! Interested in joining our 2027 intern class? Learn more: https://lnkd.in/eF7FGTuA

Tower Research Ventures is proud to have co-led The American Baby Company's seed round alongside Wormhole Capital. IVF is the most effective fertility treatment available, yet the U.S. significantly underutilizes it relative to peer countries — a gap driven not by demand, but by the cost and structure of how care is delivered. ABC is rethinking the delivery model from the ground up, building a network of clinics designed to serve the majority of fertility patients at a fundamentally different cost structure. We're excited to partner with Van Spina, Dr. Paul Magarelli, and the team as they build the next generation of fertility care. Read more here: https://lnkd.in/gwmHWNBG

In our ongoing AMA series, we're sharing answers to frequently asked questions on how we build, operate, and evolve one of the world’s most sophisticated trading platforms. Today's question: What lessons tend to come from rare but extreme market events, such as COVID or the Global Financial Crisis? A: Extreme market events tend to test assumptions that may not be visible in normal conditions. They can reveal where models, infrastructure, data pipelines, liquidity assumptions, or operational processes are more fragile than expected. For quants and engineers, one of the main lessons is the importance of building systems that are robust, observable, and adaptable. You may not be able to predict the next shock, but you can build tools that help teams understand what is happening quickly, identify whether an issue is coming from the market, the model, or the infrastructure, and respond in a disciplined way. These events also reinforce the value of humility. Historical data is essential, but it never captures every possible future regime. Strong research and engineering practices account for that by continuously monitoring live performance, questioning assumptions, and feeding lessons from production back into future development. Have more questions about our business, platform, or life at Tower? Let us know! Explore more questions and answers here: https://lnkd.in/gR7YNsgP

There's still time to visit us at [ICML] Int'l Conference on Machine Learning 2026! Stop by the Tower booth to meet the team, learn more about the work we do, and take on our Production Trading System Challenge. We're looking forward to connecting with fellow researchers, engineers, and builders during the final days of the conference.