Market Data Engineer

McGregor Boyall; Greater London; Hybrid; GBP 104,000 - 136,000; Full time

Job summary

McGregor Boyall is recruiting an experienced Market Data RTDS/TREP Engineer for a 6-month contract in London. You will manage, maintain and optimise RTDS/TREP infrastructure to ensure low latency and high availability for real-time market data across trading environments.

The role requires hands-on expertise with RTDS/TREP, ADS/DDS/DACS, RMDS and market data feeds, plus scripting skills for automation. Hybrid working pattern: 2 days in the London office.

Qualifications

• 5+ years' hands-on experience with RTDS/TREP in market data infra.
• Strong knowledge of ADS/DDS/DACS components.
• Experience with real-time market data feeds in trading environments.
• Scripting skills in Python, Bash or Perl for automation.

Responsibilities

• Manage, maintain and configure RTDS/TREP infrastructure, ensuring high availability, stability and performance.
• Support real-time market data distribution, including historical and reference data services.
• Monitor and troubleshoot market data feeds, resolving issues impacting data accuracy, availability and delivery.
• Investigate and resolve infrastructure incidents, working with external market data providers and third-party vendors where required.
• Perform system upgrades, patching, deployments and infrastructure improvements.
• Monitor system performance, identify opportunities to optimise latency and reliability, and support capacity planning.
• Work closely with Trading, Risk and IT teams to understand requirements and ensure effective market data solutions.
• Maintain technical documentation covering infrastructure configurations, workflows and support procedures.

Skills

RTDS/TREP

ADS/DDS/DACS

Market data distribution

Python/Bash/Perl

Troubleshooting

Trading infrastructure

Cloud (AWS/Azure)

Tools

Refinitiv

Bloomberg

ICE

RMDS

Job description

Financial Services | Market Data | RTDS / TREP | Linux | Trading Infrastructure

An opportunity has arisen for an experienced Market Data RTDS / TREP Engineer to join a leading financial services organisation on an initial 6-month contract.

Working within the Market Data team, you will take responsibility for the management, maintenance and optimisation of the organisation's real-time market data infrastructure, ensuring the reliable, efficient and accurate distribution of market data across the business.

This is a hands-on engineering role suited to someone with strong RTDS / TREP expertise, a solid understanding of market data infrastructure and experience supporting business-critical trading environments.

• Contract: Initial 6 months
• Day Rate: Up to £650 per day
• Location: London
• Working Pattern: Hybrid – 2 days per week in the London office

Key Responsibilities

• Manage, maintain and configure RTDS / TREP infrastructure, ensuring high availability, stability and performance.
• Support real-time market data distribution, including historical and reference data services.
• Monitor and troubleshoot market data feeds, resolving issues impacting data accuracy, availability and delivery.
• Investigate and resolve infrastructure incidents, working with external market data providers and third-party vendors where required.
• Perform system upgrades, patching, deployments and infrastructure improvements.
• Monitor system performance, identify opportunities to optimise latency and reliability, and support capacity planning.
• Work closely with Trading, Risk and IT teams to understand requirements and ensure effective market data solutions.
• Maintain technical documentation covering infrastructure configurations, workflows and support procedures.

Key Skills & Experience

• 5+ years' hands-on experience working with RTDS / TREP or similar market data infrastructure.
• Strong technical knowledge of core RTDS / TREP components, including ADS, DDS and DACS.
• Experience with market data distribution technologies and protocols, including RMDS, RDF/SSL, TCP/IP and multicast.
• Understanding of market data entitlements and distribution architecture.
• Scripting experience with Python, Bash or Perl for automation and system integration.
• Experience supporting real-time market data feeds within financial services or trading environments.
• Strong troubleshooting and incident management capabilities.
• Exposure to market data providers and platforms such as Refinitiv, Bloomberg and ICE.
• Knowledge of financial markets, trading platforms and front-office market data workflows.
• Familiarity with cloud technologies, particularly AWS or Azure.
• Experience with market data infrastructure upgrades, migrations and performance optimisation.

The Opportunity

This is an excellent opportunity for an experienced RTDS / TREP Engineer to join a business-critical Market Data function, taking ownership of key infrastructure and supporting the reliable delivery of real-time market data across a fast-paced financial services environment.