Options Market Operations Specialist - Automation & Data

IEX; New York (NY); On-site; USD 150,000 - 160,000; Full time

Job summary

IEX, a leading exchange operator and technology company based in New York, is seeking a Market Operations Specialist to support the IEX Options exchange. You will work with member firms and internal teams to ensure smooth operations, implement automation, and manage risk in a fast-paced trading environment.

The role requires 5+ years in market or trading operations, knowledge of U.S. options market structure, and a passion for data-driven decision making.

Qualifications

• 5+ years of market operations, trading operations, or related experience at an options market maker, exchange, broker-dealer, or electronic trading firm.
• Knowledge of U.S. options market structure, electronic trading, and trading systems.
• Comfortable working with complex data sets and using data to troubleshoot issues and inform decisions.
• Interest in developing Python and automation skills, or experience doing so already.
• High attention to detail and sound judgment in a dynamic, time-sensitive environment.
• Curious, open-minded, and quick to learn new systems, concepts, and market functionality.
• Willing and able to support a flexible schedule and on‑call environment.

Responsibilities

• Execute and continuously improve daily market operations procedures for the IEX Options exchange.
• Develop deep expertise in IEX systems, market functionality, order types, and external member interfaces.
• Support member testing and connectivity in the IEX test environment, including troubleshooting and executing operational requests.
• Analyze trading and operational data to investigate client issues, identify risks, and improve processes.
• Build and maintain automation tools and scripts that make the Market Operations desk more efficient and scalable.
• Review and process member requests, including Obvious Error reviews and other time‑sensitive trading issues.
• Partner closely with Technology Operations, Product Management, Business Development, Business Analytics, Quality Assurance, Compliance, and Regulation.
• Participate in industry testing, product initiatives, and business-development efforts as IEX continues to grow its options business.
• Help strengthen the team’s operating procedures, documentation, and risk controls.

Skills

Python

Data analysis

Attention to detail

On-call readiness

Problem solving

Tools

Git

Job description

IEX, a leading exchange operator and technology company based in New York, is seeking a Market Operations Specialist to support the IEX Options exchange. You will work with member firms and internal teams to ensure smooth operations, implement automation, and manage risk in a fast-paced trading environment.

The role requires 5+ years in market or trading operations, knowledge of U.S. options market structure, and a passion for data-driven decision making.