Lead Market Data Engineer: Real-Time, Low-Latency

Coinbase; Denver (CO); Hybrid; USD 207,000 - 244,000; Full time

Job summary

Coinbase is building the future of institutional trading as part of the Everything Exchange, powering the systems that let the world's largest financial institutions trade across markets with speed, depth, and trust.

As a Market Data Engineer on the Markets team, you'll architect, build and own the systems that generate, capture, normalize, and distribute real-time market data across Coinbase at low latency - the ticker plant and distribution backbone of a unified trading platform - while

Qualifications

• 5+ years of backend engineering experience.
• Hands-on experience with market data systems (feed handlers, normalization, or distribution).
• Proficiency in low-latency Java (or C++) and high-throughput messaging (Aeron, SBE, or similar).
• Familiarity with venue/exchange connectivity and market data protocols (FIX, ITCH/OUCH, multicast).
• Track record delivering features end-to-end and operating what you build.
• Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.

Responsibilities

• Build and operate market data components: feed handlers, normalization, distribution, and venue connectivity.
• Design low-latency, high-throughput systems for real-time market data used by trading systems.
• Contribute to reliability and performance, participating in observability, on-call, and incident response.
• Write high-quality, well-tested code and help raise the quality bar on a lean team.
• Partner with engineers, product, and cross-functional stakeholders to deliver market data capabilities.

Skills

Backend engineering

Market data systems

Java

C++

Aeron

SBE

FIX/ITCH/OUCH

On-call / incident response

Generative AI

Tools

Aeron

SBE

FIX

Job description

Coinbase is building the future of institutional trading as part of the Everything Exchange, powering the systems that let the world's largest financial institutions trade across markets with speed, depth, and trust.

As a Market Data Engineer on the Markets team, you'll architect, build and own the systems that generate, capture, normalize, and distribute real-time market data across Coinbase at low latency - the ticker plant and distribution backbone of a unified trading platform - while