Technical Product Manager - Capital Markets

Technical Product Manager - Capital Markets

Full-Time 70000 - 90000 £ / year (est.) No working from home possible
LSEG

At a Glance

  • Tasks: Lead the technical strategy for a cutting-edge trading platform and enhance its performance.
  • 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 70000 - 90000 £ 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
  • 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 employer: LSEG

As a leading employer in the financial technology sector, LSEG offers an innovative work environment where Technical Product Managers can thrive. With a strong focus on employee wellbeing, professional development, and a commitment to diversity, LSEG provides tailored benefits such as healthcare, retirement planning, and paid volunteering days, ensuring that every team member feels valued and supported. Located at the heart of capital markets, this role not only allows for impactful contributions to cutting-edge trading platforms but also fosters collaboration with industry experts, making it an ideal place for career growth and meaningful work.

LSEG

Contact Details:

LSEG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Technical Product Manager - Capital Markets

Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those who work at companies you're eyeing. 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 market position. This shows you're genuinely interested and ready to contribute from day one!

Tip Number 3

Don’t just wait for job postings; be proactive! If you see a company you love, reach out directly through our website. Express your interest and share how your skills align with their needs.

Tip Number 4

Practice makes perfect! Mock interviews with friends or mentors can help you nail down your responses. Focus on articulating your experience with technical product management and how it relates to trading platforms.

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

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 the perfect fit for this role. Share specific examples of how you've successfully managed technical products in the past, especially in high-pressure environments like exchanges.

Showcase Your Technical Knowledge:Don’t shy away from showcasing your understanding of market structures and trading technologies. Mention any direct experience with Millennium Exchange or similar platforms to stand out.

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 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 specific market model changes like tick sizes and auction mechanics. This will help you translate these concepts into technical delivery plans during the interview, showing that you can bridge the gap between market operations and technology.

Showcase Your Collaboration Skills

Be prepared to talk about your experience working with cross-functional teams, especially with engineers and platform architects. Highlight examples where you successfully drove platform enhancements or managed stakeholder engagement.

Prepare for Scenario-Based Questions

Expect questions around performance trade-offs, operational risk, and compliance with regulations. Think of specific instances where you had to make tough decisions and how you ensured that changes met strict governance and release controls.