Market Data Engineer, Parameta Solutions

Parameta Solutions; Greater London; On-site; GBP 80,000 - 120,000; Full time

Job summary

Parameta Solutions, the Data & Analytics division of TP ICAP, seeks an experienced Market Data Engineer to deliver and evolve real-time market data environments. You will ensure accurate capture, processing and distribution across trading platforms, exchanges and vendors, with a focus on availability, performance and automation.

The role involves working across technology and business teams to tackle complex challenges, improve scalability and support production deployments in a fast-paced

Qualifications

• Experience with real-time market data platforms in production.
• Knowledge of feed handlers, data normalisation and low-latency distribution.
• Experience integrating data from exchanges and vendors.
• Troubleshooting across data, apps and infra in hi-availability setups.
• Automation and capacity planning experience.

Responsibilities

• Monitor and maintain real-time market data services for accuracy and timeliness.
• Integrate and distribute data from exchanges, vendors and internal systems.
• Troubleshoot data, application and infrastructure issues to maintain availability.
• Optimize pipelines for low-latency and high-throughput performance.
• Lead platform upgrade planning and deployment activities.
• Develop automation for ingestion, processing and monitoring workflows.
• Support capacity planning and performance tuning.
• Collaborate with tech teams and vendors to deliver market data solutions.
• Ensure compliance with exchange policies and regulatory requirements.
• Maintain clear technical and operational documentation.

Skills

Real-time data

Low latency

Scripting (Python)

Shell/PowerShell

Monitoring/alerting

Troubleshooting

Automation

Stakeholder collaboration

Education

Degree in CS/Engineering or related

Tools

Refinitiv RTDS/TREP

Refinitiv Workspace

Bloomberg BPIPE

JPASSOC/MPF

Job description

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

We are looking for an experienced Market Data Engineer to play a key role in the delivery, resilience and evolution of our real-time market data environment within Parameta Solutions.

Working at the intersection of financial markets, data and technology, you will help ensure critical market data is captured, processed and distributed accurately, reliably and at speed. You will work across internal trading platforms, exchanges, market data vendors and third-party providers, supporting the infrastructure and services that underpin our market data capabilities.

This is a hands-on engineering role with a strong focus on availability, performance, automation and continuous improvement. You will have the opportunity to solve complex technical challenges, enhance the scalability and resilience of our market data estate, and collaborate with technology and business teams to deliver robust solutions in a fast-paced financial markets environment.

Role Responsibilities

• Monitor and maintain real-time market data services, ensuring accurate, reliable and timely data delivery.
• Integrate, normalise and distribute market data from exchanges, vendors, internal platforms and third-party providers.
• Troubleshoot market data, application and infrastructure issues to maintain service availability and data integrity.
• Optimise market data platforms and pipelines for low-latency, high-throughput and scalable performance.
• Lead technical planning for platform upgrades, lifecycle management, maintenance and production deployments.
• Develop automation for data ingestion, processing, monitoring and operational workflows.
• Support capacity planning, performance tuning and infrastructure improvements.
• Partner with technology teams, business stakeholders, exchanges and vendors to deliver effective market data solutions.
• Support compliance with relevant exchange policies, licensing agreements and regulatory requirements.
• Maintain clear technical and operational documentation.

Experience / Competencies

Essential

• Proven experience supporting real-time market data platforms and distribution systems within a production environment.
• Demonstrated understanding of market data technologies, including feed handlers, data normalisation, entitlement management and low-latency distribution.
• Experience integrating and distributing financial market data from exchanges, vendors and internal trading systems.
• Solid troubleshooting capability across data, applications and infrastructure within high-availability environments.
• Experience with capacity planning, performance tuning and scalability optimisation.
• Proficiency in scripting and automation using Python, Shell, PowerShell or similar technologies.
• Good knowledge of monitoring, alerting and operational support practices for business-critical systems.
• Experience working collaboratively with technology teams, business stakeholders, vendors and external partners.
• Understanding of exchange policies, market data licensing and relevant regulatory requirements.
• Effective analytical, communication and problem-solving skills, with a proactive and service-focused approach.
• Flexibility to support critical deployments, production incidents and scheduled maintenance outside standard business hours where required.

Desired

• Degree in Computer Science, Engineering, Mathematics or a related discipline, or equivalent professional experience.
• Good understanding of financial markets, trading workflows and market data services.
• Experience with platforms such as Refinitiv RTDS/TREP, Refinitiv Workspace, Bloomberg BPIPE, JPASSOC or MPF.
• Experience supporting large-scale, low-latency or high-performance distributed systems.
• Knowledge of market data protocols and technologies, including TREP/RTDS or FIX Market Data.
• Familiarity with Bloomberg Terminal, Refinitiv Workspace/Eikon or similar market data applications.
• Experience using Excel in conjunction with real-time market data.
• Curiosity and willingness to develop knowledge of new technologies, market data products and financial markets.

Job Band & Level

• Professional / 5

#PARAMETA

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

UK - 135 Bishopsgate - London