Tower Research Capital Executive and Leadership Team

July, 2026

Leadership Overview

Tower Research Capital has 6 executives leading key functions including strategy, finance, operations, and trading.

Driven by quantitative innovation, Tower Research Capital specializes in advanced trading and investment strategies, shaping the future of algorithmic finance with a commitment to technological excellence and market leadership.

Leadership Roles at Tower Research Capital

  • Chief Executive Officer - Albert An
  • Chief Financial Officer - Richard Colpron
  • Chief Operating Officer, Moore (North) - Mano Kurien
  • 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 into new markets and the development of cutting-edge quantitative trading technologies. Overseeing all major business units, the Chief Executive Officer ensures alignment with the firm's core mission of pioneering algorithmic investment strategies. This executive role involves fostering a culture of innovation and rigorous analysis across the organization. By setting ambitious performance benchmarks, Albert An drives the company's sustained growth and reinforces its position as a leader in the finance industry. The Chief Executive Officer's responsibilities include managing key stakeholder relationships and ensuring the long-term financial health and competitive advantage of Tower Research Capital.
    Albert An

    Richard Colpron - Chief Financial Officer

    Richard Colpron, the Chief Financial Officer at Tower Research Capital, manages all financial planning, risk management, and reporting activities. Colpron's oversight ensures the fiscal integrity and strategic allocation of capital across the firm's diverse trading operations. Directing the finance department, the Chief Financial Officer implements robust financial controls and drives efficiency in resource management. This critical role involves forecasting market trends and optimizing investment returns to support the company's growth objectives. By maintaining strong relationships with financial institutions, Richard Colpron secures the necessary capital for expansion and technological development. The Chief Financial Officer's strategic financial guidance is essential for navigating the complexities of the global financial markets and ensuring the sustained profitability of Tower Research Capital.

    Mano Kurien - Chief Operating Officer, Moore (North)

    Mano Kurien, the Chief Operating Officer, Moore (North) at Tower Research Capital, oversees the operational execution and strategic development of the Moore trading division in North America. Kurien's leadership focuses on optimizing trading infrastructure, enhancing system performance, and ensuring seamless integration of new technologies within the North American market. Managing the day-to-day operations of this key business unit, the Chief Operating Officer, Moore (North) drives efficiency and innovation in algorithmic trading strategies. This executive position involves fostering collaboration between technology teams and trading desks to achieve superior market outcomes. By implementing best practices in operational management, Mano Kurien enhances the competitive edge of the Moore division. The Chief Operating Officer, Moore (North)'s strategic direction is vital for expanding market share and solidifying Tower Research Capital's presence in the North American financial landscape.

    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 strategic direction and operational efficiency of the firm's internal trading functions. Barguirdjian's focus involves enhancing the performance of proprietary trading systems and streamlining workflows for the internal trading teams. Collaborating closely with the Chief Operating Officer, the Deputy Chief Operating Officer, Internal Trading Team ensures that trading infrastructure meets the demands of high-frequency, quantitative strategies. This role requires a deep understanding of trading technology and market dynamics to identify areas for operational improvement. By driving process optimization, Thomas Barguirdjian contributes to the firm's ability to execute complex trades with precision and speed. The Deputy Chief Operating Officer, Internal Trading Team's efforts are crucial for maintaining Tower Research Capital's technological advantage in the competitive financial markets.

    Dan Llamas - Chief Operating Officer, Internal Trading Team

    Dan Llamas, the Chief Operating Officer, Internal Trading Team at Tower Research Capital, directs the operational framework supporting the firm's internal trading activities. Llamas's responsibilities encompass the development and implementation of advanced trading systems, ensuring maximum efficiency and reliability for the internal trading desks. Overseeing the technological infrastructure and operational processes, the Chief Operating Officer, Internal Trading Team drives innovation in algorithmic execution. This executive position involves close collaboration with quantitative researchers and developers to refine trading strategies and enhance system capabilities. By optimizing trading execution, Dan Llamas directly contributes to the firm's profitability and market performance. The Chief Operating Officer, Internal Trading Team's strategic oversight is fundamental to maintaining Tower Research Capital's leadership in sophisticated quantitative trading.
    Dan Llamas

    Cleo Patra - President

    Cleo Patra, the President at Tower Research Capital, provides executive leadership and strategic direction across the organization. Patra's role involves fostering key partnerships and driving the company's growth initiatives in alignment with its core mission of quantitative trading excellence. Leading the executive team, the President ensures cohesive strategy implementation and operational synergy across all departments. This position requires a comprehensive understanding of the financial markets and the technological landscape of algorithmic trading. By championing innovation and operational rigor, Cleo Patra strengthens Tower Research Capital's market position. The President's vision and leadership are instrumental in navigating market complexities and achieving sustained success for the 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 Mano Kurien (Chief Operating Officer, Moore (North)).
    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), Mano Kurien (Chief Operating Officer, Moore (North)) 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, Chief Operating Officer, Moore (North), Deputy Chief Operating Officer, Internal Trading Team, Chief Operating Officer, Internal Trading Team.