Technical Product Manager - Capital Markets in London

Technical Product Manager - Capital Markets in London

London Full-Time 60000 - 80000 € / year (est.) No home office possible
LSEG

At a Glance

  • Tasks: Lead the technical strategy for a cutting-edge trading platform and enhance market operations.
  • Company: Join a leading financial services firm with a commitment to innovation and inclusivity.
  • Benefits: Enjoy healthcare, retirement planning, paid volunteering days, and wellbeing initiatives.
  • Other info: Be part of a diverse team that values equal opportunities and personal growth.
  • Why this job: Shape the future of trading technology and make a real impact in the financial markets.
  • Qualifications: Experience in technical product management and a deep understanding of trading platforms.

The predicted salary is between 60000 - 80000 € per year.

ROLE SUMMARY

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.

WHAT YOU'LL BE DOING

  • Exchange Product & Platform Strategy
    • 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
      • Engineering & Platform Architecture
      • 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
  • Technical Delivery & Execution
    • 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
  • Low-Latency & Non-Functional Ownership
    • 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
  • Regulatory, Risk & Controls
    • Ensure platform changes comply with regulations and partner with Risk and Compliance as needed

WHAT YOU'LL BRING

  • Essential
    • 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
    • Strong understanding of:
      • FIX and native exchange protocols
      • Multicast market data distribution
      • Deterministic system design
    • Asset-class experience:
      • Equities, ETFs, Fixed Income, or Derivatives
    • Experience supporting large-scale market migrations or upgrades

Career Stage

Manager

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Equal Opportunity Statement

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Technical Product Manager - Capital Markets in London employer: LSEG

As a leading employer in the financial technology sector, we offer an innovative work environment that fosters collaboration and creativity. Our commitment to employee growth is reflected in our tailored benefits, including healthcare, retirement planning, and wellbeing initiatives, ensuring that our team members thrive both personally and professionally. Located in a vibrant market, we provide unique opportunities to engage with cutting-edge trading technologies while maintaining a strong focus on regulatory compliance and market integrity.

LSEG

Contact Detail:

LSEG Recruiting Team

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, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.

Tip Number 2

Prepare for interviews by diving deep into the company’s products and services. Understand their tech stack and be ready to discuss how your experience aligns with their needs. This shows you're genuinely interested and well-prepared!

Tip Number 3

Don’t just apply through job boards; head over to our website and submit your application there. It gives you a better chance of being noticed and shows you're keen on joining us directly!

Tip Number 4

Follow up after interviews! A quick thank-you email can leave a lasting impression. Mention something specific from your conversation to remind them why you’re the perfect fit for the role.

We think you need these skills to ace Technical Product Manager - Capital Markets in London

Technical Product Management
Market Infrastructure Knowledge
Ultra-Low-Latency Trading Platforms
Central Limit Order Books
Matching Engine Behaviour
Price/Time Priority Models
Regulatory Compliance

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the role of Technical Product Manager. Highlight your experience with trading platforms and any relevant technical skills that align with the job description.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about the role and how your background makes you a perfect fit. Don’t just repeat your CV; give us insights into your thought process and problem-solving abilities.

Showcase Relevant Experience:When detailing your past roles, focus on your achievements in market infrastructure and low-latency trading. Use specific examples that demonstrate your ability to manage complex systems and deliver results.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!

How to prepare for a job interview at LSEG

Know Your Technical Stuff

Make sure you brush up on your knowledge of central limit order books, matching engine behaviour, and ultra-low-latency trading platforms. Be ready to discuss how these elements impact market operations and participant needs.

Understand the Market Structure

Familiarise yourself with the latest market model changes, such as tick sizes and auction mechanics. This will help you translate these changes into technical delivery plans during the interview, showcasing your ability to bridge the gap between market operations and technology.

Showcase Your Collaboration Skills

Be prepared to talk about your experience working with cross-functional teams, including engineering, regulatory affairs, and client engagement. Highlight specific examples where you successfully collaborated to deliver complex projects or enhancements.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills in high-pressure situations. Think of examples where you've had to manage performance trade-offs or ensure compliance with regulations while maintaining operational stability.