Tower Research Capital Executive and Leadership Team

June, 2026

Leadership Overview

Tower Research Capital has 5 executives leading key functions including strategy, finance, operations, and trading.

Driven by quantitative innovation, Tower Research Capital is a computerized trading firm specializing in advanced investment strategies, shaping the future of algorithmic finance from its New York City headquarters.

Leadership Roles at Tower Research Capital

  • Chief Executive Officer - Albert An
  • Chief Financial Officer - Richard Colpron
  • Deputy Chief Operating Officer, Internal Trading Team - Thomas Barguirdjian
  • Chief Operating Officer, Internal Trading Team - Dan Llamas
  • President - Cleo Patra
  • Albert An - Chief Executive Officer

    Albert An, the Chief Executive Officer at Tower Research Capital, directs the firm's overarching strategic vision and global operations. An's leadership guides the company's expansion in quantitative trading and investment strategies, ensuring alignment with market dynamics and technological advancements. Overseeing all executive functions, the Chief Executive Officer drives innovation across departments, fostering a culture of rigorous analysis and data-driven decision-making. This executive role involves setting ambitious performance benchmarks and cultivating key relationships within the financial technology sector. Albert An's strategic direction is pivotal in maintaining Tower Research Capital's competitive edge in the fast-paced algorithmic trading landscape, focusing on sustainable growth and operational excellence across all global initiatives.
    Albert An

    Richard Colpron - Chief Financial Officer

    Richard Colpron, the Chief Financial Officer at Tower Research Capital, manages the firm's financial health and strategic fiscal planning. Colpron's responsibilities encompass budgeting, forecasting, and financial reporting, ensuring robust capital management and investment allocation. Overseeing all financial operations, the Chief Financial Officer provides critical insights into profitability and risk assessment, supporting executive decisions with precise financial data. This leadership position involves optimizing financial structures and driving efficiency across the organization. Richard Colpron's expertise is essential for navigating complex financial markets and securing the firm's long-term economic stability, directly contributing to the company's specialized quantitative trading and investment strategies.

    Thomas Barguirdjian - Deputy Chief Operating Officer, Internal Trading Team

    Thomas Barguirdjian, the Deputy Chief Operating Officer, Internal Trading Team at Tower Research Capital, supports the operational framework for the firm's core trading activities. Barguirdjian's focus involves enhancing the efficiency and effectiveness of internal trading systems and processes, working closely with the Chief Operating Officer. Overseeing specific operational enhancements, the Deputy Chief Operating Officer, Internal Trading Team ensures seamless execution of trading strategies and facilitates cross-functional collaboration. This role is critical in refining the day-to-day operations that underpin Tower Research Capital's quantitative investment approach. Thomas Barguirdjian's contributions are vital for optimizing trading performance and maintaining the integrity of the firm's specialized financial operations.

    Dan Llamas - Chief Operating Officer, Internal Trading Team

    Dan Llamas, the Chief Operating Officer, Internal Trading Team at Tower Research Capital, directs the operational execution of the firm's internal trading strategies. Llamas's leadership ensures the seamless functioning of trading platforms and infrastructure, optimizing performance and reliability. Overseeing the entire internal trading operation, the Chief Operating Officer, Internal Trading Team drives process improvements and manages the technological backbone supporting quantitative investment. This executive position is crucial for maintaining high operational standards and fostering innovation within the trading teams. Dan Llamas's strategic oversight is fundamental to Tower Research Capital's ability to execute complex algorithmic trades efficiently and effectively, reinforcing the company's position in the finance industry.
    Dan Llamas

    Cleo Patra - President

    Cleo Patra, the President at Tower Research Capital, provides executive leadership and strategic direction across key business functions. Patra's role involves fostering growth and ensuring the company's strategic initiatives align with its mission in quantitative trading. Overseeing broad organizational objectives, the President collaborates with other senior leaders to drive market penetration and operational excellence. This position is integral to shaping the firm's strategic partnerships and overall market presence. Cleo Patra's influence is critical in advancing Tower Research Capital's specialized investment strategies and maintaining its reputation as a leading computerized trading firm.

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    Frequently Asked Questions Regarding Tower Research Capital Top Executives and Leadership Team

    Who leads Tower Research Capital?
    Tower Research Capital is led by Albert An (Chief Executive Officer), along with executives such as Richard Colpron (Chief Financial Officer) and Thomas Barguirdjian (Deputy Chief Operating Officer, Internal Trading Team).
    Who is part of Tower Research Capital’s executive team?
    The executive team of Tower Research Capital includes leaders such as Albert An (Chief Executive Officer), Richard Colpron (Chief Financial Officer), Thomas Barguirdjian (Deputy Chief Operating Officer, Internal Trading Team) and other senior executives.
    How many executives does Tower Research Capital have?
    Tower Research Capital has 5 executives leading key business areas.
    What roles are included in Tower Research Capital’s leadership team?
    The leadership team of Tower Research Capital includes roles such as Chief Executive Officer, Chief Financial Officer, Deputy Chief Operating Officer, Internal Trading Team, Chief Operating Officer, Internal Trading Team, President.