Full-Time

Matching Trading Systems Engineer

Confirmed live in the last 24 hours

MarketAxess

MarketAxess

501-1,000 employees

Electronic trading platform for fixed-income markets

Compensation Overview

$250k - $300k/yr

+ Annual Cash Incentives + Equity

Expert

New York, NY, USA

Hybrid Environment: Our employees enjoy a mix of working in the office and from home.

Category
Algorithm Development
Quantitative Trading
Quantitative Finance
Required Skills
Java
Requirements
  • 10+ years of experience writing trading platforms including order management systems, order gateways, and market data systems
  • Deep knowledge of Java 17+ and preferably Java 21+
  • Still devoting 75% of your time to hands on development
  • Development experience on a sequencer-based system
  • Able to design and deliver long-term sustainable and product-focused software
  • Have broad areas of interest within technology and the trading business and keep up with current software engineering trends
  • A team player that can articulate technical viewpoints and engage in healthy debate with others
  • Strong attention to detail in both written and verbal communication
  • BA/BS in Computer Science, Engineering, or related degree
Responsibilities
  • Design and develop major new functionality for Pragma’s next generation trading platform
  • Author and edit documentation, present on technical topics
  • Contribute to software design, code reviews, technical meetings
  • Interact with the business helping to define and enhance the system

MarketAxess operates an electronic trading platform that focuses on fixed-income markets, allowing institutions to trade bonds more efficiently. The platform connects over 2,000 firms, including major asset managers and broker-dealers, who use its patented technology to enhance liquidity and improve execution quality. A key feature of MarketAxess is its Open Trading™ marketplace, which facilitates all-to-all trading, creating a diverse liquidity pool for various credit market participants. In addition to trading, MarketAxess provides automated trading solutions, market data products, and pre- and post-trade services, leveraging its extensive data and analytics. Unlike its competitors, MarketAxess emphasizes a unique marketplace that fosters direct trading among participants. The company's goal is to streamline the trading process in fixed-income markets, ultimately delivering cost savings and better execution for its clients.

Company Size

501-1,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of AI-driven algorithms enhances bond trading efficiency on MarketAxess' platform.
  • The rise of ESG investing expands MarketAxess' market opportunities in sustainable fixed-income products.
  • Blockchain integration in bond trading aligns with MarketAxess' innovation goals for transparency.

What critics are saying

  • Competition from Tradeweb and Bloomberg threatens MarketAxess' fixed-income trading platform.
  • Regulatory scrutiny on electronic trading platforms could impact MarketAxess' operations.
  • MarketAxess' reliance on transaction fees makes it vulnerable to market volatility.

What makes MarketAxess unique

  • MarketAxess' Open Trading™ is a unique all-to-all trading solution in credit markets.
  • The platform's global network includes over 2,000 firms, enhancing liquidity and execution quality.
  • MarketAxess offers comprehensive pre- and post-trade services, leveraging extensive data and analytics.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Company Match

Employee Stock Purchase Plan

Wellness Program

Mental Health Support

Tuition Assistance and Professional Development

Onsite Healthcare

Generous Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%
Mondo Visione
Apr 14th, 2025
MarketAxess Reports Record Trading Week In U.S. Government Bonds, Including $100+ Billion Record Day - Record Day Driven By Market Volatility Prompting Strong Market Volumes And Notable Uptake Of Client And Algo Trading

Following the launch of an expanded algo suite for Rates, MarketAxess also plans to introduce enhanced Request for Quote (RFQ) for U.S. Government Bonds allowing dealers expanded reach through the MarketAxess client network.

MarketBeat
Mar 10th, 2025
Taika Capital LP Makes New $2.69 Million Investment in MarketAxess Holdings Inc. (NASDAQ:MKTX)

Taika Capital LP makes new $2.69 million investment in MarketAxess Holdings Inc. (NASDAQ:MKTX).

MarketBeat
Mar 1st, 2025
Los Angeles Capital Management LLC Makes New Investment in MarketAxess Holdings Inc. (NASDAQ:MKTX)

Los Angeles Capital Management LLC makes new investment in MarketAxess Holdings Inc. (NASDAQ:MKTX).

MarketBeat
Feb 24th, 2025
Alberta Investment Management Corp Makes New Investment in MarketAxess Holdings Inc. (NASDAQ:MKTX)

Alberta Investment Management Corp makes new investment in MarketAxess Holdings Inc. (NASDAQ:MKTX).

HR Tech Wire
Jan 28th, 2025
MarketAxess Elects Roberto Hoornweg to its Board of Directors

Most recently, Mr. Hoornweg was appointed the Co-Head, Corporate & Investment Banking at Standard Chartered in April 2024, after serving as Global Head of Financial Markets since January 2017.