Full-Time

Senior Software Engineer

Java Data Cloud Platform

Posted on 6/14/2025

MarketAxess

MarketAxess

501-1,000 employees

Global fixed-income electronic trading platform

Compensation Overview

$150k - $225k/yr

+ Annual cash incentives + Equity

New York, NY, USA

Hybrid

Category
Software Engineering (1)
Required Skills
Kubernetes
Agile
Python
Apache Spark
Apache Kafka
Java
Docker
Microservices
AWS
REST APIs
DevOps
Requirements
  • 7+ years of engineering experience with expertise in Java and Python, building distributed systems, microservices, and concurrent applications
  • Experience with AWS cloud platform and containerization (Docker/Kubernetes)
  • Knowledge of distributed data systems: Spark, distributed databases, event sourcing, CQRS patterns
  • Experience building high-throughput, low-latency services that handle enterprise-scale data volumes
  • Understanding of data formats and serialization: Avro, Protobuf, JSON Schema
  • Experience with REST API development and service-to-service communication patterns
  • Experience building platform services that other engineers consume (APIs, SDKs, shared libraries)
  • Knowledge of data modeling for both operational and analytical use cases
  • Understanding of DevOps practices: CI/CD, infrastructure as code, monitoring and alerting
  • Familiarity with agile development practices and working in cross-functional teams
  • RFC writing experience: Proposing technical solutions, documenting architectural decisions, and driving consensus across engineering teams
  • Ownership mindset: Track record of owning services end-to-end, from initial implementation through production operations
  • Cross-functional collaboration: Experience working with product managers, data engineers, and other stakeholders to deliver platform capabilities
Responsibilities
  • Building the Next Generation Data Platform 'Lakehouse': Implement data catalog APIs, schema registry services, and metadata management systems that serve 50+ engineering teams across our modern lakehouse architecture using Iceberg
  • Streaming Data Pipelines: Build high-throughput Kafka consumers/producers, stream processing applications with Flink/KStreams, and real-time data transformation services
  • Self-Service Infrastructure: Code the APIs and microservices that enable teams to publish, discover, and consume data products independently
  • Data Product Framework: Implement the foundational services that enable domain teams to create and manage their data products
  • Integration Services: Build connectors and adapters that integrate legacy systems with the modern Data Mesh architecture
  • Monitoring & Observability: Implement metrics, logging, and health check systems for distributed data platform components
  • Developer Tools: Create CLI tools, SDKs, and automation that make the platform easy for other engineers to adopt
  • Technical Proposals: Write RFCs for complex technical decisions, proposing solutions for cross-team challenges and platform evolution
  • Own Platform Components: Take full responsibility for services from design through production deployment, monitoring, and ongoing maintenance
  • Drive Technical Decisions: Lead RFC discussions, propose architectural improvements, and influence platform direction through well-researched technical proposals
  • Production Responsibility: Own the operational excellence of your services - you build it, you run it, you support it
  • Cross-Team Impact: Take ownership of technical challenges that span multiple teams, driving solutions that benefit the entire platform
  • Quality Standards: Set the bar for code quality, testing practices, and operational excellence within the platform team
Desired Qualifications
  • Strong Kafka experience: Building producers/consumers, stream processing applications, managing topics, partitions, and handling failures
  • Proficiency with streaming frameworks: Kafka Streams, Apache Flink, or similar technologies
  • Experience with Data Mesh, Data Lake, or modern data platform implementations
  • Knowledge of schema evolution and backward compatibility strategies
  • Experience with financial services data and regulatory requirements
  • Contributions to open source projects in the data/streaming space

MarketAxess provides an institutional electronic trading platform for fixed-income products, helping asset managers and broker-dealers access liquidity, improve execution quality, and reduce trading costs. Its Open Trading marketplace creates a global, all-to-all liquidity pool that connects a network of over 2,000 firms, enabling direct electronic bond trading through patented technology. The company also offers automated trading solutions, market data products, and pre- and post-trade services built on its data and analytics. Unlike many competitors, MarketAxess centralizes liquidity across diverse credit instruments via a single venue and a broad institutional network, combining trading, data, and automation in one ecosystem. Its goal is to expand reliable liquidity and efficient execution in global fixed-income markets for institutional clients, while generating revenue from transaction fees, data services, and technology solutions.

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

  • Q1 2026 revenue hit $233.4M, up 11.9%, from AI analytics and international growth.
  • Automated block trading surged 125% in Q4 2025 among top clients.
  • Moment partnership connects $10T retail AUM to institutional liquidity.

What critics are saying

  • BlackRock's Aladdin expansion captures institutional fixed-income volumes, eroding fees.
  • William Quan's AI integration fails by 2028, losing share to Tradeweb.
  • Rates volumes collapse further as CBDCs enable direct Fed access by 2028.

What makes MarketAxess unique

  • Open Trading all-to-all protocol creates unique institutional credit liquidity pool.
  • Pioneered electronic trading across 30 local and 100 hard currency EM bond markets.
  • Launched fixed income's first Opening and Closing Auctions in 2025.

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

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

0%
Yahoo Finance
Mar 21st, 2026
MarketAxess holds steady despite industry decline, eyes $909M revenue in 2026

MarketAxess Holdings, a leading electronic marketplace for fixed-income trading, has seen its shares decline 3.6% year to date, though outperforming the broader industry's 11.1% drop. The New York-based company has a market capitalisation of $6.2 billion. The Zacks Consensus Estimate projects 2026 earnings of $8.12 per share, representing a 9.9% year-over-year increase, with revenues expected to reach $909.1 million. MarketAxess has beaten earnings estimates in each of the past four quarters. The company is benefiting from rising trading volumes, particularly in treasury and credit markets, and its All-to-All Open Trading platform. Strategic acquisitions of Xtrakter and Pragma, along with partnerships with BlackRock and S&P Dow Jones Indices, are expanding its capabilities. MarketAxess ended 2025 with $519.7 million in cash.

Yahoo Finance
Feb 28th, 2026
MarketAxess posts mixed Q4 results but bulls eye AI-driven growth and 8–9% revenue expansion

MarketAxess Holdings Inc., an electronic trading platform operator, reported mixed fourth-quarter 2025 results with revenue of $209 million, up 3% year-over-year but below consensus. Earnings per share of $1.69 beat estimates by 3%, though adjusted operating margins declined to 36.8% due to investments in technology and AI. Transaction volumes were uneven, with credit and rates average daily volumes declining 8% and 17% respectively. However, automated block trading surged 125% among top clients, and US high-yield portfolio trading volumes rose 126% in January 2026. Management targets 8-9% revenue growth over three years with margin expansion of approximately 100 basis points, driven by increased electronic penetration and AI integration. The company's stock has declined roughly 32% since November 2024 coverage.

FX News Group
Feb 25th, 2026
MarketAxess appoints William Quan as Chief Technology Officer

MarketAxess appoints William Quan as Chief Technology Officer. MarketAxess Holdings Inc. (NASDAQ:MKTX) today announced that William Quan will join MarketAxess as Chief Technology Officer. In this role, Mr. Quan will lead the company's global Technology organization with a mandate to advance innovation, support ongoing technology modernization, and strengthen execution across the enterprise. He will focus on building modern, resilient, and scalable platforms, setting high engineering standards and implementing AI and advanced data capabilities across MarketAxess. "William brings deep technical expertise and a strong execution mindset that will help us accelerate platform modernization and more deeply embed AI and advanced analytics across our products and workflows," said Dean Berry, Chief Operating Officer of MarketAxess. "His leadership will be instrumental as we continue to build intelligent, product-led solutions that enable our clients to trade more efficiently and confidently in increasingly complex markets." Mr. Quan brings more than two decades of global experience leading technology, AI, and digital transformation across financial services and platform businesses. Most recently, he served as Chief Technology Officer of Fleete Group, a Macquarie Asset Management portfolio company, where he led the development of an AI-enabled SaaS platform and a global engineering organization. Previously, he held senior technology leadership roles at Amazon Web Services, advising global financial institutions on cloud-native and AI-driven platforms. Prior to that, he spent over a decade at J.P. Morgan and Deutsche Bank leading electronic trading, AI, and digital platform initiatives across global markets. "I am delighted to be joining MarketAxess and partnering with customers across the dealer and investor community," said William Quan. "As fixed-income markets continue to expand across electronic trading and distribution channels, there is a compelling opportunity to advance product-led innovation supported by leading technology capabilities. This focus will drive the delivery of efficient, high-quality customer solutions across pricing, execution, and intelligent workflows enhanced by AI and advanced data analytics." As Chief Technology Officer, Mr. Quan will join the Company's Executive Committee and report directly to Dean Berry.

The Associated Press
Feb 25th, 2026
William Quan joins MarketAxess as CTO to lead AI and platform modernisation

MarketAxess Holdings has appointed William Quan as chief technology officer, tasking him with leading global technology operations and advancing AI capabilities across the electronic fixed-income trading platform. Quan will focus on building modern, scalable platforms and implementing advanced data capabilities. Quan brings over 20 years of experience in financial services technology. Most recently, he served as CTO of Fleete Group, a Macquarie Asset Management portfolio company, where he developed an AI-enabled SaaS platform. He previously held senior technology roles at Amazon Web Services, J.P. Morgan and Deutsche Bank, leading electronic trading and AI initiatives. As CTO, Quan will join MarketAxess' executive committee and report to chief operating officer Dean Berry. He will concentrate on delivering AI-enhanced solutions for pricing, execution and intelligent workflows.

Asset Servicing Times
Feb 25th, 2026
MarketAxess appoints Quan

MarketAxess appoints Quan. 25 February 2026 UK Reporter: Hansa Tote Image: Sahnaj/stock.adobe.com MarketAxess Holdings has appointed William Quan as chief technology officer. Reporting to Dean Berry, chief operating officer at MarketAxess, Quan will lead the company's global technology organisation with a mandate to advance innovation, support ongoing technology modernisation, and strengthen execution across the firm. His focus will be on building modern, resilient, and scalable platforms, setting high engineering standards and implementing AI and advanced data capabilities across MarketAxess. Berry states: "William brings deep technical expertise and a strong execution mindset that will help Assetservicingtimes accelerate platform modernisation and more deeply embed AI and advanced analytics across its products and workflows. "His leadership will be instrumental as we continue to build intelligent, product-led solutions that enable our clients to trade more efficiently and confidently in increasingly complex markets." Quan brings more than two decades of global experience leading technology, AI, and digital transformation across financial services and platform businesses, most recently serving as chief technology officer of Fleete Group, a Macquarie Asset Management portfolio company, where he led the development of an AI-enabled SaaS platform and a global engineering organisation. Previously, he held senior technology leadership roles at Amazon Web Services, advising global financial institutions on cloud-native and AI-driven platforms. Prior to that, he spent over a decade at J.P. Morgan and Deutsche Bank leading electronic trading, AI, and digital platform initiatives across global markets. Quan comments: "As fixed income markets continue to expand across electronic trading and distribution channels, there is a compelling opportunity to advance product?led innovation supported by leading technology capabilities. "This focus will drive the delivery of efficient, high?quality customer solutions across pricing, execution, and intelligent workflows enhanced by AI and advanced data analytics." Previous people moves article Next people moves article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times

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