Market Data Strategist
External
Towerresearchcapital · NYPrepare for this interview
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Responsibilities
- Work with global exchanges, index providers, and market data vendors to review and negotiate contracts including commercials and usage rights
- Monitor the inbound flow of exchange and vendor notifications to assess their impact to Tower and triage accordingly
- Engage with internal stakeholders including members of Trading and Engineering to define and support new and existing use cases
- Design and implement robust data strategies and governance policies that align with business objectives, including identifying key market trends, analyzing competitor data, and guiding decision-making
- Manage exchange usage and reporting, audits, and compliance of market data
Requirements
- A detailed knowledge of the language and structure of market data policies with a focus on unit of count and derived data
- A solid understanding of market data pricing models and metrics with the ability to provide alternative sourcing and contracting options
- Familiarity with global vendor platforms, products, entitlement systems such as VBD, BPIPE, EMRS, and DACS, and inventory management systems such as FITS and MDM
- Experience working with and seeing market data audits through from inception to completion
- A proven self-starter who can work independently and within a team while effectively managing multiple priorities
- Strong strategic thinker and problem solver with attention to detail
- Reliable and predictable partner who can be counted on by team members, senior staff, and external counterparties
- Relevant experience at a top buy-side (hedge fund, prop trading firm) institution
- Anticipated New York annual base salary range: $120,000-$170,000, plus eligible for discretionary bonus
Benefits
Additional Information
Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities. Tower is home to some of the world's best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability, and performance. At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do - combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best. At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.
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