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Hudson River Trading

Market Structure Optimization Engineer

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

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Market Structure Optimization Engineer

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Hudson River Trading

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

The estimated base salary range for this position is $150,000 to $200,000 per year, based on job‑related skills and experience. This role will also be eligible for discretionary performance‑based bonuses and a competitive benefits package.

Culture Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world’s most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self‑starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives.

HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Referrals increase your chances of interviewing at Hudson River Trading by 2x.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance

Capital Markets

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