Head of Market Data in London

Head of Market Data in London

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

At a Glance

  • Tasks: Lead market data strategy and optimise data services for digital and traditional assets.
  • Company: Join Galaxy, a global leader in digital assets and AI infrastructure.
  • Benefits: Competitive salary, health benefits, coaching sessions, and a fun work culture.
  • Other info: Dynamic team environment with opportunities for innovation and career growth.
  • Why this job: Shape the future of finance and technology while working with cutting-edge data solutions.
  • Qualifications: 10+ years in market data management and strong analytical skills required.

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

Who We Are:

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. Galaxy is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

What We Value:

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

Who You Are:

We are seeking an experienced Head of Market Data to lead the acquisition, management, governance, and optimization of market data for both digital and traditional assets across the firm. This role sits at the intersection of trading, technology, and vendor management, ensuring high-quality, cost-effective, and compliant data services that power trading, research, and risk systems. You’ll work closely with trading teams, stakeholders, and external partners to deliver critical initiatives that drive our business forward. If you’re a natural problem-solver with a passion for hands-on technical development in a global, fast-paced environment, we want to hear from you.

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.
    • Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

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 in London employer: Galaxy Digital

At Galaxy, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of New York City. Our commitment to employee growth is evident through competitive salaries, comprehensive health benefits, and unique opportunities to engage with cutting-edge technology in the crypto space. Join us to be part of a diverse team that values transparency, excellence, and the pursuit of a transformative economic future.

Galaxy Digital

Contact Details:

Galaxy Digital Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Market Data in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

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Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Galaxy Digital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

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

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

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Galaxy Digital.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Galaxy Digital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Galaxy Digital

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Galaxy Digital.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Galaxy Digital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Galaxy Digital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.