Lead Software Developer – Options Market Making
- Montreal, QC, Canada
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Job details
- Experience
- 5+ years of professional software engineering experience in options electronic market making, with a strong focus on end-to-end quote lifecycle management.
- Posting language
- English
- Posted
Original job description
Position Overview:
We are seeking a highly experienced Lead Software Developer to design, build, and optimize the core technology behind real-time option quote management across U.S. equity options markets.
The candidate must have a proven track record and hands-on experience in the following areas:
- Design and develop a high-performance, event-driven options quoting engine capable of maintaining large numbers of simultaneous two-sided quotes across symbols, strikes, expirations, and exchanges.
- Build efficient quote lifecycle management, including new quote creation, quote replacement, quote and mass quote cancellation, quote refresh, and quote re-entry.
- Implement intelligent quote prioritization, throttling, and backpressure handling when exchange or internal message-rate limits are reached, including per-venue rate budgets, burst controls, quote aging policies, cancel/replace prioritization, and graceful degradation under peak market-data or volatility events.
- Apply strong knowledge of U.S. options market microstructure and exchange matching engine, gateway behavior, including quote-entry protocols, session management, acknowledgments, rejects, recovery, and venue-specific latency, throughput, and throttling constraints.
- Develop high-performance C++ components using lock-free and low-contention data structures, cache-aware data layouts, efficient CPU/core utilization, NUMA awareness, kernel and network-stack optimizations, and high-performance IPC.
- Profile and tune the full quote-to-exchange path to reduce gateway latency and maximize sustained throughput, including exchange session connectivity, serialization/deserialization overhead, batching trade-offs, TCP/UDP/network-stack behavior, pacing logic, queue depth monitoring, latency distribution analysis, and elimination of latency spikes, synchronization bottlenecks, and throughput constraints.
Must haves
- 5+ years of professional software engineering experience in options electronic market making, with a strong focus on end-to-end quote lifecycle management.
- Strong understanding of CPU architecture, memory hierarchy, caching, concurrency, networking, and Linux performance.
- Demonstrated experience building low-latency, high-throughput, multithreaded systems.
- (Highly preferred) Knowledge of the inner workings of one or multiple US equity option exchanges
More about this job
Responsibilities
Design and develop a high-performance, event-driven options quoting engine for real-time market management. Optimize the full quote-to-exchange path to reduce latency and maximize throughput while managing quote lifecycles and exchange connectivity.
Requirements
Requires 5+ years of professional software engineering experience in options electronic market making. Must possess strong expertise in C++, low-latency system design, and deep knowledge of U.S. options market microstructure.
Skills
- C++
- Options market making
- Low-latency systems
- High-throughput systems
- Multithreading
- Linux performance
- CPU architecture
- Memory hierarchy
- Concurrency
- Networking
- Market microstructure
- Lock-free data structures
- NUMA awareness
- Kernel optimization
- Network-stack optimization
Visa sponsorship
Not detected in the job text
Categories
- Technology
- Software
- Finance & Accounting
- Engineering
- Data & Analytics
Keywords
- C++
- Options Market Making
- Low-Latency
- High-Throughput
- Multithreading
- Linux
- CPU Architecture
- Memory Hierarchy
- Concurrency
- Networking
- Market Microstructure
- Lock-Free Data Structures
- NUMA
- Kernel Optimization
- Network-Stack Optimization
- Quote Lifecycle Management
- TCP
- UDP
- IPC
- Equity Options
- Exchange Gateways
- Latency Distribution
- Performance Tuning
- Software Engineering
- Electronic Trading