Quantitative Engineer for Cryptocurrency Exchange

5 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Tbwa ChiatDay Inc Full time

BitMEX is a pioneering cryptocurrency exchange that offers a professional-grade trading platform to traders worldwide. With an impeccable security record since its inception in 2014, BitMEX has established itself as a trusted leader in the industry.

The company's platform caters to cryptocurrency derivatives traders, providing low latency, deep liquidity, and maximum availability. Currently, BitMEX offers over 100 derivatives contracts, 16 pairs for spot trading, and easy conversion between 30+ different cryptocurrencies.

A key innovation of BitMEX was the introduction of the Perpetual Swap in 2015, which has since become the most widely traded crypto product. Demonstrating a commitment to transparency, BitMEX regularly publishes its on-chain Proof of Reserves and Proof of Liabilities, ensuring that available funds exceed total client balances.

Job Description
  • We are seeking a skilled technologist with a quantitative background who is enthusiastic about shaping the future of cryptocurrency exchanges.
  • You will join our Trading Engine team, responsible for managing all brokerage and trading functionalities. This includes order management, risk checking, position keeping, PnL calculations, derivatives pricing, risk management, market data distribution, order matching, and settlement.
Key Responsibilities:
  • Design, develop, and maintain trading engine systems and features such as risk management, pricing, and order management.
  • Work with quantitative analysts and product team members to continuously optimize existing and develop new models/algorithms to facilitate risk controls and improve user experience.
  • Maintain and optimize order management, margin, and risk management systems.
  • Collaborate with stakeholders to gather requirements, plan, and execute implementation and roll out.
Requirements:
  • 5+ years of programming experience writing quantitative/latency-sensitive applications in Java.
  • Excellent understanding of modern software development fundamentals (TDD, BDD, Domain-driven design, SOLID).
  • Experience at a Hedge Fund, Investment Bank, or Exchange developing financial trading applications is beneficial.
  • Demonstrable analytical and problem-solving skills, with ability to break down complex problems into simpler abstractions.

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