Software Engineer - Market Data at Clear Street

About the role

About Clear Street:

Clear Street’s mission is to give every sophisticated investor access to every asset, in every market, through a unified platform built for speed, transparency and scale.

We give our clients the technology, tools, and service once reserved for the largest institutions, rebuilt with modern infrastructure. Our single, cloud-native, end-to-end capital markets platform powers investor growth today and is transforming how they can interact with markets tomorrow.

For more information, visit https://clearstreet.io.

The Team:
The FACT team is responsible for several key data products which enable Clear Street’s systems and personnel to operate with confidence and speed. These products include security and pricing master, corporate actions, and streaming market data as well as a number of other key reference datasets. The FACT team takes on the task of collecting inputs from various sources including vendors, public sources, and internal teams and organizing them into cohesive data products which serve as the authoritative source of reference data within the firm.

FACT Team Stack: C++, Rust, Go, Java, Python, gRPC, PostgreSQL, Snowflake, Kafka, Kubernetes

The Role:
We are looking for a skilled and experienced Software Engineer to join our team, building high-performance real-time data pipelines to process financial market data, including security prices for various asset classes such as equities, options, futures, and more. You will play a key role in designing, developing, and optimizing data pipelines that handle large volumes of data with low latency and high throughput, ensuring that our systems can process and deliver market data in real time.

As a Software Engineer in the FACT team, you will work closely with high-impact teams to design and implement cutting-edge solutions that support our trading, analytics, and financial data products. You will play a key role in the design and implementation of key components that support Clear Street’s continued expansion into global markets. The ideal candidate will have a strong background in building low-latency, high-throughput systems, as well as a deep understanding of financial market data structures and processes. Knowledge or direct experience working with market data feed handlers from exchanges is a significant advantage.

Responsibilities:

Design, develop, and maintain real-time data pipelines to handle financial market data with low latency and high throughput in a resilient manner.
Work with various asset classes such as equities, options, futures, and other financial instruments to ensure timely and accurate data processing.
Collaborate with product, trading, and risk teams to understand requirements and deliver high-quality solutions that meet business needs.
Develop efficient mechanisms for integrating market data feeds from exchanges and other sources into our systems.
Troubleshoot and resolve performance issues, data discrepancies, and ensure data integrity across the pipeline.
Continuously monitor the performance and health of data pipelines, identifying and mitigating potential issues before they impact system performance.

Requirements:

You have at least 8+ years of professional experience implementing low-latency, high-throughput data pipelines
Solid understanding of distributed systems and the challenges involved in real-time data pipelines (e.g., data consistency, fault tolerance, scalability).
Familiarity with financial market data, including security prices, and asset classes like equities, options, futures, etc...
Strong familiarity with Linux/BSD
Familiarity with TCP/IP and UDP (Unicast/Multicast) networking
You communicate technical ideas with ease and always look to collaborate to deliver high quality products.
You are a team player, with experience working effectively with other engineers toward common goals

Nice To Haves:

Experience with system profiling with eBPF
Experience with columnar storage and database systems
Kernel bypass networking (DPDK or XDP)
Provisioning and configuration of routing in the cloud or on-premise, including BGP, VPCs, network peering
Experience with Aeron

We Offer:

The Base Salary Range for this role is $200,000 - 250,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.

At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.. #LI-Hybrid

Skills & Tags

python java go rust kubernetes ai data analytics

Aplyr's read

Clear Street is a cutting-edge financial technology firm focused on modernizing trading platforms for institutional clients, attracting professionals in finance, engineering, and analytics.
Synthesized from recent postings & public sources

What's promising

•Clear Street offers a modern trading platform that appeals to institutional clients seeking efficiency.
•The company has a strong focus on technology, hiring numerous software engineers for specialized roles.
•Clear Street's growth is evident in its diverse hiring across finance, risk, and engineering sectors.

What to watch

•Clear Street operates in a highly competitive fintech market with established players.
•The company's rapid growth may lead to challenges in maintaining its organizational culture.
•Regulatory changes in financial markets could impact Clear Street's business model.

Why Clear Street

•Clear Street focuses on modernizing clearing services, setting it apart from traditional financial firms.
•The company emphasizes specialized roles, such as Active Trading Support, to enhance client service.
•Clear Street's integration of technology in finance provides a unique edge in the trading platform market.

Aplyr’s read is generated by AI from public sources. Was it useful?