Head of Market Data

Head of Market Data

Full-Time 60750 - 74250 £ / year (est.) Home office (partial)
Galaxy Digital

At a Glance

  • Tasks: Lead market data strategy and optimise data services for trading and research.
  • Company: Join Galaxy, a leader in digital assets and AI infrastructure.
  • Benefits: Competitive salary, health benefits, coaching sessions, and a fun work culture.
  • Other info: Collaborate with smart colleagues and embrace innovation in a diverse team.
  • Why this job: Shape the future of finance and technology in a fast-paced environment.
  • Qualifications: 10+ years in market data management with strong analytical skills.

The predicted salary is between 60750 - 74250 £ per year.

Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We believe that blockchain and digital asset innovation will transform how value moves through the world – and we’re building the products and services to make that future a reality.

Our institutional digital assets platform spans trading, investment banking, asset management, staking, self-custody, and tokenization technology. We also invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, addressing the growing demand for scalable energy and compute in the U.S.

We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy. Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach.

What You’ll Do:

  • Market Data Strategy & Architecture
    • 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.
  • Crypto Market Data & Vendor Management
    • Build relationships with crypto exchanges (e.g., Binance, Coinbase, Deribit, OKX), data aggregators, and node providers.
    • Assist our vendor management team with commercial negotiations, licensing, and exchange agreements across both crypto and traditional markets.
  • Data Quality, Normalization & Coverage
    • Ensure high-quality, normalized datasets across fragmented crypto venues (symbol mapping, schema standardization, 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.
  • Cost Management & Optimization
    • 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.
  • Infrastructure & Engineering Partnership
    • Partner with engineering teams to build and maintain high-performance data pipelines, feed handlers, and distribution systems.
    • Support hybrid environments (on-prem + cloud) and ensure resilience, redundancy, and scalability.
    • Enable data access for research, backtesting, and production trading systems.
  • Regulatory & Compliance Oversight
    • Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks.
    • Implement entitlement controls, audit trails, and governance policies across all data usage.
  • Stakeholder Collaboration
    • 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.
  • Leadership & Team Development
    • Build and lead a high-performing, multidisciplinary team (engineers, analysts and vendor managers).
    • Establish best practices for 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.

What We’re Looking For:

  • 10+ years of experience in market data management within a trading firm, hedge fund, or financial institution.
  • Deep knowledge of 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).
  • Proven experience negotiating vendor contracts and managing large budgets.
  • 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.

Bonus Points:

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

What We Offer:

  • Competitive base salary and discretionary bonus.
  • Company-paid health and protective benefits for employees and their eligible dependents.
  • Free virtual coaching and counseling sessions.
  • Opportunities to learn about the Crypto industry.
  • Smart, entrepreneurial, and fun colleagues.
  • Employee Resource Groups.

Apply now and join us on our mission to engineer a new economic paradigm.

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.

Head of Market Data employer: Galaxy Digital

At Galaxy, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through opportunities for professional development in the rapidly evolving fields of digital assets and AI, all while enjoying competitive benefits and a supportive environment in the vibrant city of New York. Join us to be part of a diverse team that values excellence and encourages independent decision-making, making a meaningful impact in the future of finance and technology.

Galaxy Digital

Contact Details:

Galaxy Digital Recruitment Team

We think you need these skills to ace Head of Market Data

Market Data Management
Vendor Management
Data Architecture Design
Low-Latency Data Systems
Negotiation Skills
Analytical Skills
Problem-Solving Skills