Head of Market Data Development and Engineering
About The Position
Galaxy Digital is seeking an experienced Head of Market Data Development and Engineering to lead the development, delivery, acquisition, governance, and optimization of market data for digital and traditional assets across the firm. The role sits at the intersection of trading and technology, ensuring high-quality, cost-effective, performant, and compliant data services that support trading, research, and risk systems. The role combines hands-on technical development with leadership of a small development team and collaboration with trading teams, stakeholders, infrastructure groups, and external partners. The position is responsible for market data strategy and architecture, including scalable, low-latency support for tick-level, order book, and on-chain data; building a Market Data API and managing the internal market data messaging bus; and coordinating sources such as custom feed handlers, vendor platforms, Kdb+, and DataBricks. It also oversees vendor relationships and agreements, data quality and coverage, cost management, infrastructure resilience, regulatory and licensing compliance, and access for research, backtesting, and production trading systems. The Head will build and lead a high-performing team, establish development and data lifecycle best practices, and promote innovation, automation, operational excellence, and thoughtful adoption of AI tools.
Requirements
- 10+ years of experience in custom development of real-time market data platforms within a trading firm, hedge fund, or financial institution.
- Knowledge of key market data vendors, exchanges, and licensing models.
- Strong understanding of trading workflows, asset classes including equities, futures, options, FX, and fixed income, and data types including real-time, reference, and historical data.
- Experience with low-latency data systems, market data feeds, APIs, and streaming technologies.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent communication skills and ability to engage both technical and business stakeholders.
Nice To Haves
- Familiarity with on-chain data, blockchain nodes, and crypto data providers.
Responsibilities
- Define and execute a unified market data strategy across centralized crypto exchanges, decentralized venues, and traditional markets.
- Design scalable, low-latency data architecture supporting tick-level, order book, and on-chain data.
- Evaluate build-versus-buy decisions for internal data platforms and external providers.
- Lead a small development team while remaining hands-on in development.
- Design and build a Market Data API that fronts data sources, including custom feed handlers, vendor platforms, Kdb+, and DataBricks.
- Manage the market data messaging bus used by internal applications.
- Build relationships with crypto exchanges, data aggregators, and node providers.
- Assist vendor management with commercial negotiations, licensing, and exchange agreements across crypto and traditional markets.
- Ensure normalized, high-quality datasets across fragmented crypto venues, including symbol mapping, schema standardization, and latency benchmarking.
- Oversee ingestion of real-time order book data, trades, reference data, funding rates, and on-chain metrics.
- Establish monitoring and alerting frameworks for data integrity and completeness.
- Manage and optimize the global market data budget across crypto and traditional vendors.
- Identify cost-saving opportunities through vendor consolidation, direct exchange connectivity, and internal data solutions.
- Implement usage tracking and chargeback models where appropriate.
- Partner with infrastructure teams to build the systems needed to bring in market data.
- Support hybrid on-premises and cloud environments and ensure resilience, redundancy, and scalability.
- Enable data access for research, backtesting, and production trading systems.
- Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks.
- Implement entitlement controls, audit trails, and governance policies across data usage.
- Work with trading, quantitative research, risk, and portfolio management teams to deliver data solutions.
- Support onboarding of new exchanges, instruments, and strategies.
- Act as the firm's subject matter expert on crypto and cross-asset market data.
- Build and lead a high-performing development team.
- Establish best practices for market data onboarding, validation, and lifecycle management.
- Foster a culture of innovation, automation, and operational excellence.
- Champion thoughtful AI adoption and use AI tools to improve productivity, decision-making, and output quality.
Benefits
- Competitive base salary and discretionary bonus.
- Hybrid/flexible working arrangements.
- Flexible paid time off.
- 3% 401(k) company contribution.
- Company-paid health and protective benefits for employees, partners, and other dependents.
- Generous paid parental leave.
- Competitive family planning benefits for US employees.
- Opportunities to learn about the crypto industry.
- Smart, entrepreneurial, and fun colleagues.
- Free daily snacks and weekly breakfasts/lunches.
- Employee Resource Groups.
- Free coaching and counseling sessions through Headspace.
- Annual bonus and equity incentives as part of the total compensation philosophy.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
