The Firm
XTX Markets is a leading algorithmic trading firm which uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, currencies, commodities and crypto. It uses those forecasts to trade on exchanges and alternative trading venues, and to offer differentiated liquidity directly to clients worldwide. The firm trades over $250bn a day across 35 countries and has over 250 employees based in London, Singapore, New York, Paris, Bristol, Mumbai, Yerevan and Kajaani.
We leverage the talent of the people who work here, modern computational techniques and state-of-the-art research infrastructure to analyse large datasets across markets quickly and efficiently, to maximize the effectiveness of our proprietary trading algorithms. We are actively seeking new methods and ideas. The models that drive our trading strategies have evolved considerably over the last 10 years, from econometric methods that gave our company its name, to trees, to neural networks, to modern deep learning architectures.
XTX Markets has an unrivalled level of computational resources in the trading industry, with a growing research cluster currently containing over25,000 GPUs with 650 petabytes of usable storage. Teams across the firm include world-class researchers, developers and technologists with backgrounds in pure math, programming, physics, computer science and machine learning. The firm is also constructing a large-scale data centre in Finland to future-proof its significant computational capabilities.
At XTX Markets technology is our business and we are a diverse organization which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical and one where everyone is valued. We strive for excellence in everything we do.
The Role
The Post-Trade Technology team at XTX Markets is responsible for the design, implementation, and operation of the firm’s global core technology platform – a complex, multi-faceted system supporting all aspects of the firm’s post-trade business activities with a broad range of functionality:
§ Continuous, high-volume trade capture.
§ Real-time reconciliation and trade enrichment.
§ Position and P&L calculation.
§ Risk measurement, monitoring, and alerting.
§ Regulatory reporting.
§ Trade surveillance.
§ Numerous other features in support of the Compliance, Operations, Risk Management and Finance activities.
At XTX, Post-Trade Developers are engaged in the entire lifecycle of software development, working closely with colleagues throughout the firm to analyse requirements prior to designing, implementing, delivering and supporting solutions. Prior financial experience is not required, but the role will entail rapidly becoming a subject matter expert in this domain.
The platform has been developed in-house using a distributed microservices architecture to provide high throughput (millions of trades per day) and high availability (24x7 operation) while also allowing very agile but well-controlled development practices (multiple production releases per day). The primary development language for back-end services is Go, with web-based GUI development in TypeScript.
Essential Attributes
§ A solid grounding in academic CS fundamentals(algorithms and data structures)
§ We are targeting candidates with at least 4years’ professional experience.
§ Familiarity with concurrent programming techniques.
§ Exposure to asynchronous, distributed systems.
§ An understanding of and commitment to rigorous software engineering discipline.
