Market Technology Specialist

About the role

As a Markets Technology Specialist, you will become the primary subject matter expert for technology details relating to regional exchanges. You will be responsible for keeping abreast of all upcoming technical changes at the various exchanges and for assessing potential impact to DRW teams trading at those exchanges. You will act as a primary liaison between the firm’s internal technology teams and the exchanges’ technology teams to develop in‑depth knowledge of exchange implementation processes and upcoming changes.

Key responsibilities

• Act as project technical lead for exchange upgrades, migrations and mandated changes such as JPX Arrowhead upgrades, HKEX backbone network upgrade, ASX 24 platform replacement.
• Analyze exchange communications or specifications to ensure optimal implementation and relay key technical details to internal stakeholders.
• Collaborate with operations to maintain a repository of exchange documents and special case documentation.
• Maintain a catalog of colocation and exchange connectivity dependencies for DRW entities and PB/FCM relationships.
• Partner with business management to improve onboarding of new trading desks and opportunities.
• Manage relationships with exchange technology representatives and coordinate deep‑dive sessions.
• Identify datacenter optimizations to increase trading efficiency.
• Guide implementation of trading systems focusing on technology, clearing, location and cost.
• Help ensure new trades and exchange changes satisfy compliance processes.
• Craft monitoring tools and automation for dynamic tasks.

Required profile

• 5‑10+ years of experience working with regional equity, futures, and options exchanges' technology counterparts.
• Minimum of a B.S. in Computer Science or equivalent degree.
• Deep understanding of exchange market data and order entry protocols (binary and FIX).
• Exposure to relevant market colocation facilities.
• Familiarity with a wide range of financial instruments and asset classes.
• Detailed understanding of exchange order processing/matching and market data distribution topologies.
• Strong networking background with experience in packet captures, Layer 1 devices, Unicast and Multicast communications.
• Significant Linux experience.
• Excellent written and verbal communication skills.

Required skills

• Exchange market data and order entry protocols (binary, FIX).
• Networking (packet captures, Layer 1 devices, Unicast, Multicast).
• Linux operating systems.
• Exchange portals and APIs.
• Scripting languages.