Job Summary

Job Title: Principal Software Engineer

City: Mumbai

Role & Responsibilities

Ultimate Market Data (UMD) systems are mission critical systems that source and feed ultra-low latency global market data to execution services platforms like trading systems, regulatory reporting, analytics etc. This is highly technically advanced and industry leading workstream that covers key geographical markets.

This is a hands-on and high ownership role within UMD IT team. We are looking for a highly experienced Market Data technologist with expertise in ultra-low latency C++ (C++11/17) to join our team. The ideal candidate will have in-depth knowledge of equity exchange processing, including order book management, trade processing and an understanding of various market data formats and protocols. The role involves building and optimizing high-performance systems that handle large volumes of market data with minimal latency, ensuring the accurate and timely delivery of critical financial information.

The selected person would be part of global UMD IT team and report to India Head for Market Data IT. The selected person would work closely with global Market data IT team across London, Recent York, Tokyo and Mumbai.

- Ultra-low latency development
- Design, develop and optimize ultra-low latency systems in C++ 11/17 for processing equity exchange data.
- Implement high-performance algorithms for market data processing, focusing on minimizing latency and maximizing output.

- Equity Exchange Processing

- Work with and understand market data structures like Top of Book (TOB), Market by Price, Market by Orders, and trade processing.
- Develop and maintain systems that handle and process these data structures efficiently.

- Options and Symbology Processing





- Develop systems for options processing and symbology management, ensuring accurate mapping and data consistency across equity, options and indices.

- Market Data Book Building:

- Implement and manage systems for building and processing order books, ensuring the real-time aggregation of market data for analysis and trading.

- Exchange Protocols Expertise

- Work with various exchange protocols such as ITCH, SBE and Tag/Value, ensuring seamless integration and processing of data streams.

- Downstream Systems Integration

- Work with downstream trading & other systems to integrate and process market data, ensuring that trading algorithms receive accurate and timely information.
- Develop and implement basic analytics like VWAP (Volume Weighted Average Price) and aggregated volume calculations to support trading strategies.

- Bloomberg API integration

- Utilize Bloomberg APIs to access and process market data, integrating this data into internal systems for analysis and trading.

- Work with the product team and stakeholders towards requirement discovery and project prioritization.
- Willing to work and contribute across entire SDLC - including dev, testing and support. Collaborate with various development, QA and support teams across different regions
- Contribute towards establishing software delivery best practices. Collaborate on architecture, design decisions, and code reviews
- Willing to own deliveries and work hands-on across all aspects of software delivery including development, testing, documentation and support.
- Mentor /guide other team members in India

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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