Staff Data Engineer, Market Data

Jackalope Digital LLC; Northern (KY); Hybrid; USD 207,000 - 244,000; Full time

Job summary

Coinbase is seeking a Market Data Engineer to build and own real-time market data systems across the Everything Exchange. You will architect feed handlers, normalization, and distribution components with a focus on low-latency, high-throughput performance for trading systems.

The role requires 5+ years in backend engineering, experience with market data systems and low-latency messaging. You will collaborate with cross-functional teams, contribute to reliability, and maintain high standards in

Qualifications

• 5+ years of backend engineering experience with production low-latency systems.
• 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

Low-latency systems

Java or C++

Market data systems

Networking protocols

AI usage

Tools

Aeron

SBE

FIX

ITCH/OUCH

Job description

Ready to do the most impactful work of your career? At Coinbase, we are uncompromising on our mission to increase economic freedom. The bar is high, the environment is intense, and we like it that way. This isn't a place for complacency, it’s a place to be pushed past your perceived limits. If you're ready to build the future of finance alongside people who refuse to settle for "good enough," you belong here. Coinbase is a remote-first, but not remote-only company. Expect to get together quarterly for intense in-person working sessions called "surges." learn more about working at Coinbase.

Team/ Role Paragraph:

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 leading a lean, high-impact team. It's a rare chance to architect market data infrastructure from the ground up, with the ownership of a startup and the reach of Coinbase.

What you'll do:

• 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.

Required skills and experience:

• 5+ years of backend engineering, with experience building and maintaining production low-latency systems.
• 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.

Position ID: P77881

Pay Transparency Notice: Base salary varies by location (see range below). Total compensation may also include equity and bonus eligibility, and benefits (medical, dental, vision, 401(k)).

Annual base salary range (excluding equity and bonus):

$207,485 - $244,100 USD