Lead Software Developer – Options Market Making
Squarepoint Capital9 hours ago
Responsibilities
- Design and develop a high-performance, event-driven options quoting engine for large-scale two-sided quoting across U.S. equity options markets.
- Implement quote lifecycle management for creation, replacement, cancellation, mass cancellation, refresh, and re-entry.
- Build quote prioritization, throttling, backpressure, per-venue rate budgets, burst controls, quote aging, and cancel/replace prioritization.
- Handle exchange gateway behavior including quote-entry protocols, session management, acknowledgments, rejects, recovery, and venue-specific constraints.
- Develop high-performance C++ components using lock-free and low-contention data structures, cache-aware layouts, CPU/core optimization, NUMA awareness, kernel and network-stack optimization, and high-performance IPC.
- Profile and tune the quote-to-exchange path to reduce latency and maximize throughput, including connectivity, serialization, batching, TCP/UDP behavior, pacing, queue depth, and latency analysis.
Requirements
- 5+ years of professional software engineering experience in options electronic market making, with a strong focus on end-to-end quote lifecycle management.
- Strong understanding of CPU architecture, memory hierarchy, caching, concurrency, networking, and Linux performance.
- Demonstrated experience building low-latency, high-throughput, multithreaded systems.
- Strong hands-on C++ development experience for performance-sensitive systems.
- Highly preferred: knowledge of the inner workings of one or more U.S. equity options exchanges.
About Squarepoint Capital
Squarepoint Capital is a global investment management firm that develops quantitative trading strategies and automated systems for institutional investors. It operates a fee-based asset management model, earning management and performance fees from funds and managed accounts across asset classes and markets. The company is privately held and headquartered in New York, with offices in major financial centers worldwide.