Market Microstructure Engineer

Market Microstructure Engineer - High ‑ Frequency Trading Systems

Location : Zurich

Our client is a renowned hedge fund operating across major liquid asset classes. They are seeking a Market Microstructure Engineer to join their high ‑ performance trading technology group. In this role, you will analyse network and exchange protocols, automate performance metrics, and lead experiments to optimise trading behaviour on latency ‑ sensitive exchanges. This position places you at the core of high ‑ frequency trading, where microseconds matter and technical insight directly impacts trading performance.

Your background will ideally include a degree in Computer Science, Engineering, or a related field, alongside 5+ years of experience in data analysis, low ‑ level systems engineering, or network engineering. You will bring strong skills in Python, time ‑ series analysis, and network protocols, paired with familiarity with market microstructure and low ‑ latency trading environments. Experience with exchange connectivity, high ‑ performance Linux systems, and real ‑ time monitoring tools will support success in this role.

Key Responsibilities

• Analyse network and exchange protocol captures to identify inefficiencies and enhance communication performance
• Research exchange behaviours and features, engage with exchange representatives, and gather insights from technical sessions
• Reverse ‑ engineer trading systems and run experiments to optimise execution and improve fill rates
• Collaborate closely with trading and research teams to apply findings and deliver direct PnL impact
• Work with large, complex datasets to diagnose inefficiencies in internal execution systems and exchange interactions

Key Requirements