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Hudson River Trading

Market Structure Optimization Engineer

Hudson River Trading, New York, New York, us, 10261


Hudson River Trading is hiring a Market Structure Optimization Engineer for our brand new Market Structure Analytics team. In joining this team, you will be responsible for employing data-driven methodologies to minimize friction in our real-time interaction with financial markets. This role is crucial to helping HRT optimize the way we connect with unique trading venues.

As a Market Structure Optimization Engineer you’ll have an incredible opportunity to make an immediate and direct impact through measurable improvements to the performance of HRT’s trading.

Responsibilities

Analyze time series network and exchange protocol captures

Become familiar with the details of specific markets, attend presentations and liaise with exchange counterparts

Research exchange features, capabilities, and architecture

Automate collection and visualization of metrics that quantify efficacy of exchange communication

Formulate and conduct controlled experiments that measure impact of calculated changes to HRT’s trading infrastructure

Communicate ideas, requirements, and results across disparate teams

Improve fill rate of our hardware-based trading strategy

Reduce incidence of cancel-reject responses

Investigate and report details of various latency-sensitive exchanges

Profile

You possess a degree in Data Analytics or a related field

You can collect and interpret network and/or financial market data

You have professional experience in latency reduction, preferably in finance

You have a basic understanding of proprietary trading and exchange technologies

Skills

Proficiency in data analytics including statistics, data visualization, and working with large data sets

Basic understanding of TCP and UDP network protocols

Extensive experience with Python and relevant data libraries (Pandas, Numpy/Scipy)

Some familiarity with the details of modern computer systems and networks

Experience with real time exchange market data and order entry a plus

Annual base salary range of $150,000 to $200,000. Pay (base and bonus) may vary depending on job-related skills and experience. A sign-on and discretionary performance bonus may be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits.

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