Market Structure Optimization Engineer

Job Description

Hudson River Trading is seeking a Market Structure Optimization Engineer to join their Market Structure Analytics team. This role is based in Chicago, Illinois. The engineer will employ data-driven methodologies to minimize friction in real-time interaction with financial markets, optimizing the firm's connection with trading venues.Role Involves:

• Analyzing time series network and exchange protocol captures.
• Becoming familiar with specific markets, attending presentations, and liaising with exchange counterparts.
• Researching exchange features, capabilities, and architecture.
• Automating the collection and visualization of metrics.
• Formulating and conducting experiments to measure the impact of changes to trading infrastructure.
• Communicating ideas, requirements, and results across teams.
• Improving the fill rate of hardware-based trading strategies.
• Reducing the incidence of cancel-reject responses.
• Investigating and reporting details of various latency-sensitive exchanges.

Requirements:

• Proficiency in data analytics, including statistics and data visualization.
• Experience working with large datasets.
• Basic understanding of TCP and UDP network protocols.
• Extensive experience with Python and data libraries (Pandas, Numpy/Scipy).
• Familiarity with modern computer systems and networks.
• A degree in Data Analytics or a related field.
• Professional experience in latency reduction, preferably in finance.
• Basic understanding of proprietary trading and exchange technologies.

Role Offers:

• An opportunity to make an immediate and direct impact on trading performance.
• Discretionary performance-based bonuses.
• Competitive benefits package.