Market Data Analyst
External
Ctc Lateral - Website & Linkedin · Chicago, ILPrepare for this interview
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About the role
We're looking for a Market Data Analyst who can bridge the worlds of trading, technology, and finance. You'll be an integral link between our traders, developers, and financial teams, ensuring we have the right market data to power our trading strategies while managing costs effectively. As our Market Data Analyst, you'll oversee CTC's comprehensive market data services sourced from vendors and exchanges. Your responsibilities span procurement and inventory management to budgeting and vendor relations. You'll collaborate with exchanges and internal teams across Technology, Trading, Legal, Accounting, and Procurement to optimize our data infrastructure and ensure compliance with exchange reporting requirements. The ideal candidate combines strong analytical skills with a solid understanding of financial markets and technology systems, plus the communication skills to work effectively across diverse teams.
Responsibilities
- Manage market data inventory, entitlements, and connectivity within CTC's market data management system (FITS)
- Maintain vendor contracts, services, and recurring expense records, including contract entry and inventory management
- Partner with Accounting to reconcile market data expenses and accruals with the general ledger, investigate discrepancies, and coordinate resolutions with exchanges and vendors
- Prepare and submit monthly usage reporting to exchanges and third‑party vendors to ensure licensing compliance
- Provision market data access for employees, including ordering terminals, IDs, and licenses and coordinating delivery with vendors
- Support market data vendor management and procurement activities such as contract renewals, pricing reviews, budgeting, and forecasting
- Research vendor products and exchange changes and help improve internal Vendor Operations processes and workflows
Requirements
- Bachelor's degree in Business, Finance, MIS, or a related field
- 1+ years of experience in market data, vendor operations, exchange connectivity, or a related role within a financial services or trading environment
- Interest in financial markets and technology
- Experience with market data inventory/entitlement systems or similar platforms preferred
- Strong analytical skills and advanced proficiency in Excel (e.g., formulas, v-lookups, pivot tables)
- Strong communication, organization, and problem solving skills, with the ability to collaborate effectively across teams
- Highly detail oriented with a proactive approach to identifying inconsistencies and improving data accuracy
Benefits
Additional Information
Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.
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