At a Glance
- Tasks: Lead the technical strategy for a cutting-edge trading platform and ensure top-notch performance.
- Company: Join a leading firm in capital markets with a focus on innovation and excellence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with a strong emphasis on market integrity and operational stability.
- Why this job: Shape the future of trading technology and make a real impact in the financial world.
- Qualifications: Experience in product management or engineering within trading platforms is essential.
The predicted salary is between 70000 - 90000 £ per year.
Requirements
- Strong experience as a Technical Product Manager, Product Owner, or Senior Engineer in:
- Exchanges
- Market infrastructure
- Ultra‑low‑latency trading platforms
- Deep understanding of:
- Central limit order books
- Matching engine behaviour
- Price/time priority models
- Proven ability to own complex, highly regulated technical systems
- Experience working closely with platform engineers and architects
- Ability to make informed trade‑offs between:
- Performance
- Market fairness
- Operational risk
- (Desirable) Direct experience with Millennium Exchange or similar exchange platforms
- (Desirable) Strong understanding of:
- FIX and native exchange protocols
- Multicast market data distribution
- Deterministic system design
- (Desirable) Asset‑class experience:
- Equities, ETFs, Fixed Income, or Derivatives
- (Desirable) Experience supporting large‑scale market migrations or upgrades
What the job involves
The Electronic Trading Technical Product Manager is responsible for the technical product strategy, delivery, and evolution of the Millennium Exchange trading platform, ensuring it meets the highest standards for performance, resilience, fairness, and regulatory compliance. This role sits at the intersection of market operations, trading technology, product design, and engineering, owning the translation of market structure and participant needs into production‑grade exchange services used by global trading firms, brokers, and market makers.
Own and evolve the technical product roadmap for Millennium Exchange components including:
- Central order book
- Matching engine
- Market data dissemination
- Gateways and participant connectivity
Drive platform enhancements aligned to:
- Market quality
- Throughput and latency improvement
- Capacity and scalability growth
Balance participant demands with market integrity and operational stability.
Market Structure & Stakeholder Engagement
Work closely with:
- Market Operations
- Regulatory Affairs
- Internal Product & Client Engagement teams
Translate market model changes (tick sizes, auction mechanics, order types) into technical delivery plans. Act as a technical point of contact for member firms on platform capabilities and behaviour. Own detailed technical product requirements, including:
- Functional behaviour and market mechanics
- Sequencing and deterministic processing rules
- Performance and capacity targets
- Failure and recovery scenarios
Partner with engineering teams to deliver changes through:
- Design reviews
- Incremental releases
- Full market rehearsals and testing cycles
Ensure change delivery meets strict governance and release controls. Define and enforce standards for:
- Deterministic latency
- Throughput and peak message handling
- High availability and failover
- Business continuity and disaster recovery
Own platform observability including:
- Latency distribution monitoring
- Order lifecycle tracing
- Capacity and stress metrics
Support incident triage and post‑incident root cause analysis.
Market Data & Transparency
Own technical aspects of:
- Level 1 / Level 2 market data feeds
- Replay, recovery, and consistency mechanisms
Ensure data accuracy, timeliness, and fairness across all participants. Work with downstream consumers on schema evolution and feed performance. Ensure platform changes comply with regulations and partner with Risk and Compliance as needed.
Technical Product Manager (Capital Markets) in London employer: London Stock Exchange
As a leading player in the capital markets sector, our company offers an exceptional work environment for Technical Product Managers, characterised by a culture of innovation and collaboration. Employees benefit from comprehensive professional development opportunities, competitive compensation packages, and the chance to work on cutting-edge trading technologies that shape the future of financial markets. Located in a vibrant financial hub, we foster a dynamic atmosphere where your contributions directly impact market integrity and operational excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Product Manager (Capital Markets) in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend meetups, and connect with professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by diving deep into the technical aspects of the role. Brush up on your knowledge of central limit order books and matching engine behaviour. We want you to be able to discuss these topics confidently and show how your experience aligns with the job requirements.
✨Tip Number 3
Don’t forget to showcase your problem-solving skills! Be ready to share examples of how you've made informed trade-offs between performance and market fairness. We love hearing about real-life scenarios where you’ve navigated complex challenges.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate candidates who are eager to contribute to our mission in the capital markets space.
We think you need these skills to ace Technical Product Manager (Capital Markets) in London
Some tips for your application 🫡
Show Off Your Experience:Make sure to highlight your experience as a Technical Product Manager or similar roles. We want to see how you've tackled complex systems and worked with engineers, so don’t hold back on those details!
Speak Our Language:Use the terminology from the job description in your application. If you know your way around central limit order books and matching engines, let us know! It shows you understand the role and the industry.
Be Specific About Your Skills:When discussing your skills, be specific about your experience with trading platforms, market data distribution, and regulatory compliance. We love seeing concrete examples of how you've made informed trade-offs in your past roles.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, we can’t wait to hear from you!
How to prepare for a job interview at London Stock Exchange
✨Know Your Tech Inside Out
Make sure you have a solid grasp of the technical aspects mentioned in the job description. Brush up on your knowledge of central limit order books, matching engine behaviour, and ultra-low-latency trading platforms. Being able to discuss these topics confidently will show that you're not just familiar with them, but that you can also contribute meaningfully to the role.
✨Prepare for Scenario-Based Questions
Expect to face questions that require you to make trade-offs between performance, market fairness, and operational risk. Think of real-life examples where you've had to balance these factors in previous roles. This will demonstrate your ability to navigate complex decisions in a regulated environment.
✨Engage with Stakeholders
Since this role involves working closely with various teams like Market Operations and Regulatory Affairs, be ready to discuss how you've successfully collaborated with different stakeholders in the past. Highlight any experience you have in translating market needs into technical requirements, as this is crucial for the position.
✨Showcase Your Problem-Solving Skills
Be prepared to talk about how you've handled incidents or challenges in previous roles, especially those related to platform performance or data accuracy. Discuss your approach to incident triage and root cause analysis, as well as how you ensure compliance with regulations. This will illustrate your proactive mindset and technical expertise.
