Tower Research Capital LLC H-1B wage filings

New York, NY. Filings decided July 2025 to June 2026.

Tower Research Capital LLC filed 58 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $150,000, 54.7% above the government's prevailing wage for the same jobs. Its most-filed job was Quantitative Researcher (14 filings, median $150,000).

Filings
58
Positions covered
57
Certified
98.3%
Job titles
26
Worksite cities
4
Filings since FY2020
269
Median offer change since FY2020
+25%

Offered wage since 2020

Tower Research Capital LLC's median H-1B wage offer rose 25%, from $120,027 in fiscal 2020 to $150,000 in fiscal 2026 so far. In fiscal 2026 it was 67.9% above the prevailing wage. Its busiest full year was fiscal 2022, with 50 filings.

Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year

$100k$120k$140k$160k$180k$200k$120k$122k$175k$163k$143k$163k$150k362020332021502022312023352024322025522026*

Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.

Tower Research Capital LLC by fiscal year

Fiscal yearFilingsMedian offeredvs year beforeMedian prevailingvs prevailing
2026 (Oct to Jun)52$150,000−7.9%$100,547+67.9%
202532$162,802+14.2%$135,650+6.1%
202435$142,563−12.5%$135,782+6.0%
202331$162,926−6.9%$133,370+15.4%
202250$175,000+43.2%$145,454+20.3%
202133$122,221+1.8%$122,221at the minimum
202036$120,027n/a$112,081at the minimum

Offered wage by job title

Middle half of offered wagesMedian offered wageMedian prevailing wage

Job titleFilingsMedian offeredOffered range and prevailing wagevs prevailingMedian since 2020
Quantitative Researcher14$150,000+104.9%+67% since 2020
Quantitative Trader13$125,000+70.8%−9% since 2020
Software Engineer I4$150,000+45.3%
Director, Quantitative Research Technology2$213,028+33.4%
Senior Reliability Engineer2$195,000+109.9%
Senior Software Engineer2$194,796+12.2%
Software Engineer II2$170,000+22.8%
Algorithmic Trader1$180,000+0.5%
Analyst, Operations1$90,000+31.0%
Associate, Reconciliations1$90,000+31.0%
Global Head of Core AI & ML1$250,000+11.3%
Low Latency Technology Manager1$175,000+17.9%
Quantitative Developer1$150,000+104.9%
Quantitative Trading Manager1$261,248at the minimum
Quantitative Trading Researcher1$191,922at the minimum
Reliability Engineer III1$190,000+67.9%
Senior Algorithmic Trader1$170,373+34.8%
Senior Data Analyst1$150,000+37.0%
Senior Network Engineer1$200,000+54.7%
Senior Quantitative Researcher1$175,000+139.1%
Senior Quantitative Trader1$100,547at the minimum
Senior Systems Engineer1$169,229at the minimum
Software Engineer1$175,000+32.6%
Software Engineer III1$195,000+88.9%
Software Engineer, Latour1$189,592at the minimum
Vice President, Business Management1$170,000+14.3%

Where the jobs are

WorksiteFilingsMedian offered
New York, NY49$150,000
Chicago, IL5$175,000
Mount Pleasant, SC3$90,000
Miami, FL1$170,373

By visa type: 57 H-1B, 1 E-3 (Australia). By outcome: 51 certified, 6 certified and later withdrawn, 1 withdrawn before a decision.

Filings by quarter

Jul to Sep 20256
Oct to Dec 20255
Jan to Mar 20264
Apr to Jun 202643

Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.

Seniority of the jobs filed

Level I, entry59%
Level II, qualified18%
Level III, experienced7%
Level IV, fully competent16%

The government assigns each job one of four wage levels. A higher level means a higher legal minimum.

What these numbers are

Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.

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