Market Structure Optimization Engineer

Company: Hudson River Trading
Location: Chicago
Posted on: November 13, 2024

Job Description:

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
  
  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
    
    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
      
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Keywords: Hudson River Trading, Mount Prospect , Market Structure Optimization Engineer, Engineering , Chicago, Illinois