Full-Time

Markets Investigator

Nasdaq

Nasdaq

5,001-10,000 employees

Global electronic securities exchange & fintech

Compensation Overview

$96k - $163k/yr

Washington, DC, USA + 2 more

More locations: Philadelphia, PA, USA | New York, NY, USA

Hybrid

At least three days per week in the office is required; the schedule may change.

Bachelor's

Category
Risk & Compliance (1)
Required Skills
LLM
Data Visualization
Data Science
Machine Learning
RAG
Data Analysis

Get referred to Nasdaq

See people who can refer or advise you

Requirements
  • A bachelor's degree in a science, technology, engineering, or mathematics field, or equivalent practical experience.
  • At least 3 years of professional experience in data science or artificial intelligence engineering.
  • Demonstrated ability to develop and apply analytics, machine learning techniques, and data visualizations to solve complex, ambiguous problems.
  • Experience or genuine interest in equities or options markets and the regulatory landscape governing them.
  • Excellent written and verbal communication skills, with the ability to present findings clearly to both technical and non-technical audiences.
Responsibilities
  • Investigate potential market manipulation and trading misconduct by applying advanced data analysis and artificial intelligence-powered tools to complex, multi-source datasets.
  • Design and build artificial intelligence-powered solutions, including large language model applications, retrieval-augmented generation pipelines, and agentic workflows, to make investigations faster and more effective.
  • Partner with attorneys, surveillance analysts, and cross-functional stakeholders to support active cases and deliver clear, well-reasoned investigative findings.
  • Collaborate with external regulators and industry bodies to share insights, align on referrals, and contribute to broader market integrity efforts.
  • Manage multiple concurrent matters with precision, maintaining organized and well-documented data in support of ongoing enforcement work.
Desired Qualifications
  • An advanced degree in a relevant field.
  • Hands-on experience building with large language models, generative artificial intelligence, or agentic systems.
  • Familiarity with cloud-based artificial intelligence and machine learning services and modern data engineering frameworks.

Nasdaq operates one of the world’s largest electronic stock exchanges and provides a suite of financial technology services for buying and selling securities, plus analytics like Nasdaq Smart Portfolio. Its products include an electronic trading platform that matches orders, subscription analytics, and data services, as well as listing services and non-financial marketplaces through InsurTech partners. It differentiates itself with a large, scalable exchange, extensive data analytics, a broad subscription-based product lineup, and a footprint in both traditional markets and digital marketplaces. Its goal is to provide efficient, transparent access to capital and investment opportunities worldwide while growing revenue from trading, listings, and data-driven services and advancing sustainable investing globally.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

1971

Get referred to Nasdaq

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 net revenue reached $1.5 billion, up 15% year over year.
  • Nasdaq Ventures invested $100 million in Kraken parent Payward on September 10, 2026.
  • Kalshi adopted Nasdaq Market Surveillance, proving demand from digital-market operators.

What critics are saying

  • Cboe, Robinhood, and crypto venues compress Nasdaq's market-structure moat by 2027.
  • SEC tokenization rules and shareholder-rights disputes can stall Nasdaq Equity Tokens.
  • A failed Kraken integration or LeveL Markets approval weakens Nasdaq's blockchain expansion thesis.

What makes Nasdaq unique

  • Nasdaq controls listing, market data, and surveillance across equities and derivatives.
  • Nasdaq Equity Tokens and Kraken target regulated tokenized stocks by Q2 2027.
  • Digital Liquidity Networks extends Nasdaq into always-on trading and post-trade infrastructure.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Hybrid Work Options

Flexible Work Hours

Company News

Yahoo Finance
Sep 10th, 2026
Nasdaq Q2 revenues hit $1.5B, beating estimates by 3% as financial exchanges stock group rises 4.9%

Nasdaq reported second-quarter revenues of $1.5 billion, up 14.9% year on year and exceeding analyst expectations by 3%. The company also beat EBITDA and earnings per share estimates. The stock rose 3.6% following the results and currently trades at $94.14. The performance came as part of a satisfactory quarter for the financial exchanges and data sector overall. The 10 companies tracked in the sector beat consensus revenue estimates by 1.6% on average. Share prices across the group have risen 4.9% on average since reporting earnings. Morningstar delivered the strongest second-quarter results in the sector, posting revenues of $663.2 million, up 9.6% year on year and surpassing expectations by 2.2%. S&P Global recorded the weakest performance in the group.

Bloomberg Law
Sep 10th, 2026
Nasdaq invests $100M in Kraken parent at $21B valuation to expand tokenised stock trading

Nasdaq has invested $100 million in Payward, Kraken's parent company, at a $21 billion valuation. The investment from Nasdaq's venture arm expands on a partnership announced in March. The deal will see Kraken distribute Nasdaq's tokenised stocks on its platform, allowing customers to own Nasdaq-listed stocks. The collaboration builds on Nasdaq's infrastructure supporting stock trading in tokenised form. The investment details have not been publicly announced. Nasdaq is working to develop systems that enable traditional securities to be traded using blockchain technology, whilst Kraken continues expanding its cryptocurrency exchange services into traditional financial markets.

Yahoo Finance
Sep 4th, 2026
Cboe and Nasdaq on track for record options trading volume for seventh consecutive year

The US options market is set for a seventh consecutive record year, with leading exchange operators Cboe Global Markets and Nasdaq reporting strong growth. Cboe posted record second-quarter 2026 results, with net revenue rising 25% year-over-year to $732 million. Its derivatives business drove growth, with index options average daily volume up 32% to 6.2 million contracts. Nasdaq reported $1.5 billion in net revenue for the same period, up 15%. Its index options revenue more than doubled for the fourth straight quarter, whilst index exchange-traded product assets under management crossed $1 trillion. Both exchanges are expanding beyond core offerings. Cboe recently launched Cboe Predicts, featuring binary options on the Mini-S&P 500 Index. It's also developing company-specific key performance indicator contracts, pending regulatory approval.

Yahoo Finance
Aug 25th, 2026
Nasdaq hires Jackson McGonagle to lead digital assets and tokenization strategy

Jackson McGonagle has joined Nasdaq as AVP of Capital Markets Digital Assets Strategy, tasked with advancing the exchange's digital asset and tokenisation efforts. His career spans traditional finance and crypto, including roles at NYSE Euronext, Binance, and Fidelity Digital Assets. McGonagle arrives as Nasdaq moves blockchain technology into its core infrastructure. In July, Nasdaq participated in a live production event with the Depository Trust & Clearing Corporation, using DTC-tokenised assets in production trades. This week, prediction-market platform Kalshi announced it would adopt Nasdaq Market Surveillance in a phased rollout. The move demonstrates how traditional financial infrastructure is being adopted by digital-asset businesses as they scale.

Business Insider
Aug 11th, 2026
Nasdaq to acquire LeveL Markets, third-largest US ATS executing hundreds of millions of shares daily

Nasdaq has entered a definitive agreement to acquire LeveL Markets, one of the leading Alternative Trading Systems in the US. The move advances Nasdaq's strategy to provide institutional-grade solutions for always-on markets as traditional and digital markets converge. LeveL Markets operates the third-largest ATS in the US by trading volume, processing hundreds of millions of shares daily across more than 7,000 symbols. The platform serves over 300 institutional buy-side firms and reaches more than 2,500 clients. Average daily volume grew 56% year-over-year in 2025. Following the acquisition, LeveL Markets will operate within Nasdaq's newly formed Digital Liquidity Networks organisation, led by Roland Chai. The platform will maintain its dedicated management team and continue as a registered ATS under FINRA oversight. The transaction is expected to close following regulatory approvals. Financial terms were not disclosed.