Senior Software Engineer – Order Management & Trade Allocation (C++/Linux)

Millennium; New York (NY); On-site; USD 175,000 - 250,000; Full time

Job summary

Millennium is seeking a highly skilled Senior Software Engineer in New York, specializing in C++ and low-latency Linux server-side development for their global trading platform. The role involves designing and building order management systems while ensuring low-latency and high-performance characteristics. Candidates should have over 7 years of experience in this field, a solid understanding of messaging technologies, and relevant qualifications. Salary ranges from $175,000 to $250,000 based on experience and qualifications.

Qualifications

• 7+ years of experience in high-performance C++ server-side applications.
• Hands-on experience with low-latency messaging technologies.
• Deep understanding of Linux internals and performance tuning.

Responsibilities

• Design and implement components of a new order and execution workflow platform.
• Build systems for complex order allocations and routing.
• Contribute to performance tuning and system optimization.

Skills

C++ development

Low-latency server-side applications

Linux internals expertise

Aeron and SBE messaging technologies

SQL

Java development

Event-driven architectures

Object-oriented design

Education

Bachelor’s or Master’s degree in Computer Science or Engineering

Job description

We are seeking a highly skilled Senior Software Engineer with deep expertise in C++ and low-latency Linux server‑side development to help design and build the next generation of our firm’s global trading platform. This role focuses on the core order management and trade allocation systems that support all asset classes traded across the firm.

You will be a key contributor to a greenfield architecture centered around an in‑house sequencer framework that enables deterministic event ordering, real‑time state management, and ultra‑low‑latency processing. This is a hands‑on engineering role that will directly influence the technical direction, performance characteristics, and reliability of mission‑critical trading infrastructure.

Responsibilities

• Design and implement components of a new firm‑wide order and execution workflow platform.
• Build systems that:
  • Intake aggregate orders with complex allocation instructions.
  • Perform real‑time risk, compliance, and order‑marking checks.
  • Route orders to global brokers and venues across Equities, Futures, FX, and other products.
  • Process executions and perform real‑time allocation of fills to fund accounts and feed this downstream to post‑trade systems.
  • Real‑time and historical analytics, monitoring, and reconciliation tools.
• Work closely with portfolio managers, traders, middle office, and risk teams to understand requirements and translate them into robust, scalable solutions.
• Own the end‑to‑end lifecycle of features: design, implementation, testing, deployment, and operational support.
• Contribute to system performance tuning, profiling, and optimization to meet stringent latency and throughput requirements.
• Participate in code reviews, architecture discussions, and ongoing improvements to development standards and best practices.

Qualifications & Required Skills

• 7+ years of experience developing high‑performance C++ server‑side applications on Linux, including systems operating within sub‑50 µs latency budgets.
• Hands‑on experience with Aeron, SBE, or comparable low‑latency messaging technologies used in trading systems.
• Understanding of binary wire protocols, message serialization, and zero‑copy data movement.
• Strong background in real‑time, event‑driven architectures, inter‑process communication, and concurrency.
• Deep understanding of Linux internals, performance tuning, memory management, and network programming.
• Strong command of object‑oriented design, data structures, algorithms, and low‑level systems concepts.
• Familiarity with trading workflows and product knowledge across Equities, Futures, Options, and Fixed Income is strongly preferred.
• Experience with SQL; exposure to kdb+/q is a significant differentiator.
• Hands‑on Java development experience is highly beneficial.
• Bachelor’s or Master’s degree in Computer Science, Engineering, or a related discipline.
• Detail‑oriented with a strong sense of ownership and pride in high‑quality work.
• Collaborative mindset with the ability and desire to help others succeed.
• Ability to operate effectively in a fast‑paced, high‑pressure environment with frequently shifting priorities.
• Strong communication skills with the ability to interact across technical and business teams.

The estimated base salary range for this position is $175,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.