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IMC Trading

Market Data Specialist - APAC

🌎

Sydney, Australia

5d ago
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Job Description

 

The Market Data Team at IMC is responsible for managing all aspects of the market data lifecycle. From sourcing of new data sets, commercial negotiations, policy monitoring, and exchange reporting, to ongoing inventory and vendor relationship management, we collaborate with our stakeholders from the Trading and Technical teams to ensure best-in-class access to the data that drives our trading strategies. Equally importantly, we work closely with our partners in Legal, Compliance, and Finance to optimize spend and usage rights while mitigating risk. The Market Data Specialist will manage the APAC data catalogue and data provider relationships and will collaborate closely with IMC's global market data team to ensure alignment with IMC’s market data policies.

 

Your Core Responsibilities

  • Own IMC APAC’s day-to-day market data management functions, including but not limited to, inventory updates, invoice reconciliation, exchange policy monitoring and reporting
  • Work with internal stakeholders and global market data team to collate ongoing data needs and identify access/entitlement requirements
  • In collaboration with global market data team, lead contract negotiations with new data providers and ongoing relationship management of existing providers
  • Identifying savings and optimization opportunities
  • Working closely with Legal, ensure that IMC APAC’s market data contractual usage restrictions are accurately reflected in global market data inventory
  • Ongoing monitoring of internal usage and evolving data requirements, to mitigate potential exposure and identify savings opportunities
  • Proactively educate various teams within IMC APAC (trading / tech / support) around proper use of data and how utilization will impact compliance and commercial structure

 

Your Skills and Experience: 

  • 4+ years of experience managing market data at a buy- or sell-side firm or a market data vendor
  • In-depth knowledge of market data vendor landscape and use case requirements/scoping, including but not limited to, delivery mechanisms, native versus normalized feed, non-display versus display data use cases, derived data rights, and data integrity
  • Understanding of contractual obligations related to exchange data including policy monitoring, reporting obligations, fee structures, and unit of count
  • Experience reviewing contractual agreements and negotiating commercial terms
  • Highly organized self-starter
  • Strong analytical capabilities; ability to synthesize and distil large quantities of data to extract spending trends and insights
  • Familiarity with market data management systems/inventory tools (desired)

 

About Us

IMC is a leading trading firm, known worldwide for our advanced, low-latency technology and world-class execution capabilities. Over the past 30 years, we’ve been a stabilizing force in the financial markets – providing the essential liquidity our counterparties depend on. Across offices in the US, Europe, and Asia Pacific, our talented employees are united by our entrepreneurial spirit, exceptional culture, and commitment to giving back. It's a strong foundation that allows us to grow and add new capabilities, year after year. From entering dynamic new markets, to developing a state-of-the-art research environment and diversifying our trading strategies, we dare to imagine what could be and work together to make it happen.

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