Head of Market Data Development and Engineering

As Head of Market Data Development and Engineering at Galaxy Digital, you lead the development, delivery, acquisition, governance, and optimization of market data for both digital and traditional assets across the firm. You sit at the intersection of trading and technology, ensuring high-quality, cost-effective, performant, and compliant data services that power trading, research, and risk systems. You work closely with trading teams, stakeholders, and external partners to deliver critical initiatives that drive the business forward.

What you'll do

• Define and execute a unified market data strategy across centralized crypto exchanges (CEX), decentralized venues (DEX), and traditional markets
• Design scalable, low-latency data architecture supporting tick-level, order book, and on-chain data
• Evaluate build vs. buy decisions for internal data platforms vs. external providers
• Lead a small team of developers and contribute hands-on development in Java
• Design and build a Java-based Market Data API to front all data sources including custom feedhandlers, vendor platforms, Kdb+, and DataBricks
• Manage the market data messaging bus used by all internal applications in the firm
• Build relationships with crypto exchanges such as Binance, Coinbase, Deribit, and OKX, data aggregators, and node providers
• Assist the vendor management team with commercial negotiations, licensing, and exchange agreements across both crypto and traditional markets
• Ensure high-quality, normalized datasets across fragmented crypto venues through symbol mapping, schema standardization, and latency benchmarking
• Oversee ingestion of real-time order book data, trades, reference data, funding rates, and on-chain metrics
• Establish monitoring and alerting frameworks for data integrity and completeness
• Manage and optimize the global market data budget across crypto and traditional vendors
• Identify cost-saving opportunities through vendor consolidation, direct exchange connectivity, and internal data solutions
• Implement usage tracking and chargeback models where appropriate
• Partner with infrastructure teams to build the pipes necessary to bring in market data
• Support hybrid environments (on-premises and cloud) and ensure resilience, redundancy, and scalability
• Enable data access for research, backtesting, and production trading systems
• Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks
• Implement entitlement controls, audit trails, and governance policies across all data usage
• Work closely with trading, quant research, risk, and portfolio management teams to deliver data solutions
• Support onboarding of new exchanges, instruments (perpetuals, options), and strategies
• Act as the firm's subject matter expert on both crypto and cross-asset market data
• Build and lead a high-performing development team
• Establish best practices for market data onboarding, validation, and lifecycle management
• Foster a culture of innovation, automation, and operational excellence
• Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes
• Leverage AI tools such as generative AI, automation platforms, and data copilots to improve productivity, decision-making, and output quality

What you bring

• 10+ years of experience in custom development of real-time market data platforms within a trading firm, hedge fund, or financial institution
• Knowledge of key market data vendors, exchanges, and licensing models
• Strong understanding of trading workflows, asset classes (equities, futures, options, FX, fixed income), and data types (real-time, reference, historical)
• Experience with low-latency data systems, market data feeds, APIs, and streaming technologies
• Strong analytical and problem-solving skills with attention to detail
• Excellent communication skills, with the ability to engage both technical and business stakeholders

Nice to have

• Familiarity with on-chain data, blockchain nodes, and crypto data providers

What we offer

• Base salary of $220,000-$250,000 USD, plus competitive bonus and equity incentives
• Hybrid and flexible working arrangements
• Flexible paid time off
• 3% 401(k) company contribution
• Company-paid health and protective benefits for employees, partners, and dependents
• Generous paid parental leave
• Competitive family planning benefits for US employees
• Opportunities to learn about the crypto industry
• Free daily snacks and weekly breakfasts and lunches
• Free coaching and counseling sessions through Headspace
• Employee Resource Groups

About Galaxy Digital

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure. The company delivers on-chain infrastructure connecting institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads, anchored by its Helios campus in Texas with a multi-gigawatt pipeline of more than 5.7 GW of potential capacity. Headquartered in New York City, Galaxy operates offices across North America, Europe, the Middle East, and Asia.