Tower Research Capital Executive and Leadership Team

August, 2026

Leadership Overview

Tower Research Capital has 6 executives leading key functions including strategy, financial oversight, internal trading operations, and regional market management.

Focused on high-frequency quantitative trading, Tower Research Capital maintains a commitment to algorithmic precision and advanced investment strategies that drive global market liquidity and efficiency.

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
  • Chief Operating Officer, Moore (North) - Mano Kurien
  • President - Cleo Patra
  • Albert An - Chief Executive Officer

    Albert An, the Chief Executive Officer at Tower Research Capital, directs the overarching strategic vision for the firm. Overseeing the development of sophisticated quantitative trading models, the Chief Executive Officer ensures the company maintains a competitive edge in global financial markets. This leadership role involves constant collaboration with the Board to refine investment strategies and optimize risk management protocols. By fostering a culture of technical excellence, Albert An drives the firm toward sustained growth and operational stability. The Chief Executive Officer monitors market trends across international exchanges to identify new opportunities for algorithmic expansion. Through rigorous oversight of firm-wide performance metrics, the Chief Executive Officer guarantees alignment with long-term financial objectives. Ultimately, the Chief Executive Officer secures the firm's position as a leader in computerized trading by prioritizing innovation and data-driven decision-making processes across all departments.
    Albert An

    Richard Colpron - Chief Financial Officer

    Richard Colpron, the Chief Financial Officer at Tower Research Capital, manages the fiscal health and capital allocation strategies of the organization. Overseeing complex financial reporting and regulatory compliance, the Chief Financial Officer ensures the firm operates with transparency and precision. This leadership role involves coordinating with executive peers to assess the financial viability of new quantitative trading initiatives. By maintaining robust internal controls, Richard Colpron protects the firm's assets while supporting aggressive investment goals. The Chief Financial Officer evaluates liquidity requirements across global markets to ensure sufficient capital availability for high-frequency trading activities. Through meticulous analysis of expenditure and revenue streams, the Chief Financial Officer provides the data necessary for informed strategic planning. Ultimately, the Chief Financial Officer strengthens the firm's balance sheet, enabling consistent performance in volatile market environments through disciplined financial management and strategic resource distribution.

    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 execution of internal trading strategies. Overseeing the daily technical workflows of the trading desk, the Deputy Chief Operating Officer, Internal Trading Team ensures seamless integration between software development and market execution. This leadership role involves refining the latency and efficiency of proprietary algorithms to maximize trading performance. By collaborating with the Chief Operating Officer, Thomas Barguirdjian optimizes the internal infrastructure required for high-volume quantitative operations. The Deputy Chief Operating Officer, Internal Trading Team monitors real-time market data to adjust trading parameters dynamically. Through the implementation of advanced testing protocols, the Deputy Chief Operating Officer, Internal Trading Team mitigates operational risks during high-volatility events. Ultimately, the Deputy Chief Operating Officer, Internal Trading Team enhances the firm's competitive advantage by streamlining the technical processes that underpin successful quantitative investment strategies.

    Dan Llamas - Chief Operating Officer, Internal Trading Team

    Dan Llamas, the Chief Operating Officer, Internal Trading Team at Tower Research Capital, architects the operational framework for the firm's internal trading activities. Overseeing the deployment of quantitative strategies, the Chief Operating Officer, Internal Trading Team ensures that all trading systems function with maximum reliability and speed. This leadership role involves managing the cross-functional teams responsible for algorithm maintenance and market connectivity. By aligning operational capacity with the firm's broader investment goals, Dan Llamas drives efficiency across the trading desk. The Chief Operating Officer, Internal Trading Team evaluates the performance of existing trading models to identify areas for technical improvement. Through strategic oversight of the internal trading environment, the Chief Operating Officer, Internal Trading Team maintains the firm's reputation for excellence in computerized trading. Ultimately, the Chief Operating Officer, Internal Trading Team secures the firm's operational resilience by implementing scalable solutions that support high-frequency trading demands.
    Dan Llamas

    Mano Kurien - Chief Operating Officer, Moore (North)

    Mano Kurien, the Chief Operating Officer, Moore (North) at Tower Research Capital, directs the operational activities for the North American division. Overseeing regional market initiatives, the Chief Operating Officer, Moore (North) ensures that the firm's quantitative strategies are executed effectively within the North American financial landscape. This leadership role involves coordinating with global teams to standardize operational procedures while addressing regional market nuances. By optimizing the infrastructure for North American trading, Mano Kurien supports the firm's commitment to high-performance investment strategies. The Chief Operating Officer, Moore (North) monitors regional regulatory developments to ensure full compliance with local market standards. Through the management of regional resources, the Chief Operating Officer, Moore (North) enhances the firm's ability to capture liquidity and execute trades with precision. Ultimately, the Chief Operating Officer, Moore (North) strengthens the firm's North American presence by driving operational excellence and fostering collaboration across the organization.

    Cleo Patra - President

    Cleo Patra, the President at Tower Research Capital, leads the firm's corporate initiatives and organizational development. Overseeing the alignment of business units with the company's core mission, the President ensures that all departments contribute to the firm's success in quantitative trading. This leadership role involves fostering a collaborative environment where technical and operational teams work toward shared objectives. By driving strategic growth initiatives, Cleo Patra expands the firm's influence in the global investment sector. The President evaluates the effectiveness of organizational structures to ensure agility in a rapidly changing market. Through the promotion of a culture focused on innovation and data-driven results, the President supports the firm's long-term vision. Ultimately, the President secures the firm's market position by overseeing the integration of new technologies and talent, ensuring that the organization remains at the forefront of the computerized trading industry.

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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 6 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, Chief Operating Officer, Moore (North).