Salary Guide · India 2026
Tower Research Capital is a US-based high-frequency trading (HFT) firm with a large quantitative research and engineering office in Gurgaon, India. It is one of the highest-paying freshers employers in India. Salary ranges below are sourced primarily from AmbitionBox, with Glassdoor as a secondary cross-check, and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Quantitative Researcher · Senior / 6–9 yrs
₹140L – ₹240Ltotal CTC
Salary bands for 2 roles at Tower Research Capital, from Quantitative Researcher to Software Engineer — see all below.
Working at Tower Research Capital
~700 employees globally, ~200+ in Gurgaon. Privately held. No disclosed revenue. Known for extreme compensation packages targeting IIT/NIT toppers.
What the interview actually tests
Pure cash + performance bonus: no equity. India base is ₹50–80 LPA for freshers (IIT placement data, 2024–25). Mid-level can reach ₹80–140 LPA+. Interview: heavy probability, statistics, and combinatorics brain teasers + C++ / Python coding. Market microstructure questions. No LeetCode-style questions: this is pure quant.
Role
Total CTC ranges for Quantitative Researchers at Tower Research Capital India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹50L – ₹80L | None |
| Mid-level / 3–5 yrs | ₹80L – ₹140L | None |
| Senior / 6–9 yrs | ₹140L – ₹240L | None |
Role
Tower Research Capital's pay bands for Software Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹35L – ₹65L | None |
| Mid-level / 3–5 yrs | ₹70L – ₹120L | None |
| Senior / 6–9 yrs | ₹120L – ₹200L | None |
HFT: pure cash + large annual bonus. No equity. Very high bar for quant/algo SDE roles.
Finance & Quant