Full-Time
Software Engineer
Electronic Trading, Oems
Confirmed live in the last 24 hours
Cboe
1,001-5,000 employees
Global exchange for derivatives and securities trading
Compensation Overview
$97.8k - $120.8k/yr
Senior
Chicago, IL, USA
Upload your resume to see how it matches 30 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
- 5+ years of software engineering experience, with a strong emphasis on .NET/C# development for high-performance applications.
- At least 3 years of experience in electronic trading systems, with knowledge of FIX protocol, market access, and trade lifecycle.
- Strong proficiency in object-oriented design, multi-threading, and event-driven architecture using .NET technologies.
- Experience designing and developing distributed systems, with a solid understanding of microservices, messaging, and high-throughput architectures.
- Hands-on experience with relational databases (PostgreSQL, SQL Server) and integrating software in both Windows and UNIX/Linux environments.
- Expertise in troubleshooting complex, high-frequency, and low-latency trading environments, utilizing profiling and debugging tools.
- Experience in developing and maintaining APIs, web services, and financial communication protocols (FIX, REST, WebSockets).
- Proven track record in automating processes such as client onboarding, certification, and system monitoring to enhance operational efficiency.
- Design, develop, and maintain high-performance, scalable C# applications for integrating Order Execution Management Systems (OEMS) with trading platforms.
- Implement multi-threaded, event-driven architectures to support real-time electronic trading.
- Develop and enhance FIX protocol-based connectivity solutions, as well as REST/WebSocket APIs, to ensure seamless integration with trading partners and exchanges.
- Create tools and automated processes for detecting and resolving issues in trading environments.
- Develop CI/CD pipelines, automated deployment scripts, and infrastructure-as-code solutions to improve development workflows and system reliability.
- Design and optimize queries, stored procedures, and data models for high-performance transaction processing.
- Contribute to the design and implementation of distributed architectures, messaging systems, and microservices for high-throughput trading applications.
- Write clean, maintainable, and well-documented code following SOLID principles, design patterns, and unit testing methodologies. Conduct peer code reviews and contribute to continuous improvement efforts.
- Work closely with other developers, QA engineers, and infrastructure teams to design, implement, and refine software solutions. Provide technical guidance and share best practices with the team.
- Familiarity with EMS/OMS platforms (e.g., Fidessa, Bloomberg, TradingScreen) and third-party trading networks.
- Experience with cloud platforms (AWS, Azure) and microservices architecture for scalable, distributed applications.
- Knowledge of network security, encryption protocols, and secure communications in trading systems.
Cboe Global Markets operates a network of exchanges that focus on trading various financial products, including derivatives, foreign exchange, digital assets, and securities. The company provides a platform where different types of investors, such as institutions and individuals, can buy and sell these financial instruments. Cboe's trading solutions work by connecting buyers and sellers, allowing them to execute trades efficiently while generating revenue through transaction fees and sales of market data. What sets Cboe apart from its competitors is its extensive experience in the market and its commitment to creating inclusive trading environments that welcome a diverse range of participants. The company's goal is to empower investors to build sustainable financial futures while also engaging with the community and supporting the growth of its employees.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
1973
Simplify's Take
What believers are saying
- Cboe's expansion into ESG derivatives aligns with growing investor interest in sustainable investing.
- The rise of retail trading platforms boosts demand for Cboe's options products.
- Cboe's potential to introduce new digital asset derivatives taps into expanding cryptocurrency markets.
What critics are saying
- Emerging digital asset exchanges threaten Cboe's market share with lower fees and innovations.
- Decentralized finance platforms reduce demand for centralized exchange services like Cboe.
- Regulatory scrutiny on cryptocurrency exchanges could increase compliance costs for Cboe.
What makes Cboe unique
- Cboe offers a diverse range of trading solutions across multiple asset classes.
- Cboe's S&P 500 EWI options provide unique exposure compared to traditional S&P 500 options.
- Cboe Clear Europe enhances capital efficiencies with its new securities financing transactions service.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Paid Parental Leave
Fertility Treatment Support
Professional Development Budget
Conference Attendance Budget
Company News
CHICAGO, April 14, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced it has launched for trading S&P 500 Equal Weight Index (EWI) options. The new options are the latest addition to Cboe's S&P 500 toolkit and provide investors additional choice and diversification opportunity through broad-based U.S. equity market exposure.The S&P 500 EWI (Bloomberg index ticker: SPW) is the equal-weight version of the S&P 500 Index, with each constituent of the S&P 500 EWI allocated a fixed weight of 0.2% of the index total at each quarterly rebalance. While including the same constituents, the S&P 500 EWI and the capitalization-weighted S&P 500 Index often differ in sector and factor exposures including smaller-cap vs. mega-cap stocks, momentum bias, and realized volatility.The S&P 500 EWI options are designed to provide different exposure and complement Cboe's S&P 500 Index (SPX) options, which are one of the most actively traded and liquid options in the world
CHICAGO, April 3, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported March trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the first quarter of 2025. The data sheet "Cboe Global Markets Monthly Volume RPC/Net Revenue Capture Report" contains an overview of certain March trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines
Cboe Clear Europe launches clearing service for European SFTs in cash equities and ETFslaunches clearing service for European SFTs in cash equities and ETFs Natixis CIB and JP Morgan among first participants to use new serviceand among first participants to use new service Introduced to meet strong client demand for central clearing of SFTs, enhancing capital, operational and post-trade processing efficiencies amid evolving regulatory requirementsAMSTERDAM and LONDON, March 31, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announces that Cboe Clear Europe has commenced clearing of European Securities Financing Transactions (SFTs). Natixis Corporate & Investment Banking acted as a Principal Lender against JP Morgan as a Borrower, as part of the first trades cleared through the new service.Cboe Clear Europe has leveraged its position as the largest pan-European clearing house for cash equities to bring this first-of-its-kind service to market, which represents a key step in the company's strategy to become a leading multi-asset class clearing house in the region. This service transforms the bilateral process for SFTs in European equities and ETFs into a centrally cleared model, helping to increase the capital efficiencies associated with activities such as securities lending and supporting the growth of this key market. In addition to the firms that have already used the service, a number of others - including banks, asset managers, broker-dealers, and Agent Lenders - have completed final testing in preparation for clearing.The service utilises BNY and JP Morgan as Tri-Party Collateral Agents, while Pirum serves as the transmitter of new trade instructions and post-trade lifecycle events on behalf of clients.Vikesh Patel, President of Cboe Clear Europe, said: "We're delighted to extend our clearing capabilities with this transformative service for European SFTs. This launch responds to strong client demand for a clearing solution to help improve the capital efficiencies associated with stock borrowing and lending activities – delivering significant benefits to all participants in this ecosystem, including asset owners which lend out inventory as a way of generating additional income for their members
Although $12 billion worth of Bitcoin options contracts expire tomorrow—one of the largest quarterly expiries that derivatives exchange Deribit has seen—CEO Luuk Strijers says he expects volatility to be subdued.On Derebit alone, the March 28 expiry affects 45% of the open options contracts on the platform. The exchange currently has $27 billion worth of open interest in Bitcoin contracts, with the put/call ratio skewing slightly pessimistic at 0.52.A call option gives buyers the right, but does not oblige them to buy an asset at a set price before the option expires. Typically, traders open these contracts when they're expecting a price increase. A put option allows a trader to sell an asset at a set price before expiration. Traders tend to use them when they're expecting an asset's price to decrease.Analysts at Singapore-based crypto trading desk, QCP Capital, flagged $85,000 as the max pain point. Bitcoin was recently trading at $87,016, up 0.4% over the past 24 hours, according to data provider CoinGecko.But so far, indicators make it seem unlikely derivatives traders will be in for max pain."Deribit DVOL is currently at 47, which is relatively low—comparable to levels seen at the end of February and August 2024—signaling low implied volatility and limited expectations for sharp price action," Deribit's Strijers told Decrypt in an email.Source: DeribitThe Derebit Implied Volatility Index, or DVOL, uses current activity in options markets to predict price volatility in the next 30 days.It's a Bitcoin and Ethereum equivalent of the Cboe Volatility Index, or VIX, which measures the stock market's expectation of volatility based on SP 500 index options.Strijers sent his comment to Decrypt earlier this week, before U.S
Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitcoin, along with most top coins, has taken a dip as investors brace for a "triple witching" dose of market volatility.At the time of publication, Bitcoin's price has shed 2.4% since yesterday, slipping below $84,000. The Ethereum price followed it, also dropping 2.4% to trade for $1,948.93, according to CoinGecko data.ETH hasn't been this low since November 2023, right before a Bitcoin rally helped it climb out of a months-long trough and back above $2,000.The XRP price has dropped by 5.2% since yesterday. Earlier this week, XRP saw a huge surge after Ripple Labs CEO Brad Garlinghouse said the SEC will soon drop its lawsuit against the company—though the regulator has yet to file paperwork to do so, and declined to comment on the matter when asked by Decrypt.What is triple witching?Triple witching describes the simultaneous expiry of stock index futures, stock index options, and stock options in traditional markets. Today marks the first of four such events in 2025.They always occur on the third Friday of March, June, September, and December. They're known to set off heightened volatility as traders rush to adjust and close positions before contracts settle at the end of the day.In rare events, it coincides with the expiry of single-stock futures and creates a quadruple witching day