Independent firm profile
Tower Research Capital
Quantitative proprietary trading firm and global market maker founded by Mark Gorton. Operates high-frequency strategies across equities, futures, options, and currencies from offices in New York, London, and across Asia.
- Headquarters
- New York, USA
- Founded
- 1998
- Funding model
- Firm Capital Model
- Region served
- North America
Community rating
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Overview
What this firm is and who it serves
Tower Research Capital is a quantitative trading firm operating dozens of independent trading teams across global markets.
"Build and operate one of the world's most sophisticated quantitative trading platforms."
At a glance
Structured facts about this firm
- Firm Type
- Firm Capital Model prop firm
- Market Focus
- Futures, Stocks, Options, Forex
- Trading Style
- Firm Capital Model
- Institutional Level
- Retail-accessible proprietary firm
- Retail Accessibility
- Open to retail traders
- Geography
- New York, USA · North America
- Known For
- Pod/team-based trading model
- CEO
- Mark Gorton (Founder)
- Team size
- ~1,200+
Funding programs
Account types and the path to capital
Evaluation
—Not required by this firm.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Institutional only
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Team autonomy
- +Long-tenured firm
Trade-offs
- −No external trader programs
Frequently asked questions
Common questions about Tower Research Capital
Is Tower Research Capital a legitimate prop firm?+
Tower Research Capital was founded in 1998 and is headquartered in New York, USA. Quantitative proprietary trading firm and global market maker founded by Mark Gorton. Operates high-frequency strategies across equities, futures, options, and currencies from offices in New York, London, and across Asia.
Does Tower Research Capital require an evaluation?+
No. Tower Research Capital offers funded accounts without a traditional evaluation phase.
What is the profit split at Tower Research Capital?+
Tower Research Capital pays traders 50% of net profits, keeping the remainder as the firm's share.
How often does Tower Research Capital pay out?+
Tower Research Capital processes payouts on a annual bonus basis.
What platforms does Tower Research Capital support?+
Tower Research Capital supports the following trading platforms: Proprietary.
What trading restrictions does Tower Research Capital enforce?+
At Tower Research Capital, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.