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Product Manager - Market Data

Alpaca · Product · Lead · 1mo ago

✓

Open to candidates across Americas.

AmericasProduct ManagementMarket DataFintechAPIs

Direct from the employer's own careers page

Who can apply

Read straight from the listing, so you know before you spend time on it.

Americas

Open to candidates across Americas.

“Remote - Americas”

Team of 400+ distributed across the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond.

Async-first
The listing doesn't promise async-first working.
Contractor / B2B
No mention of hiring international contractors or invoicing.
Global stipend
USD $500 one-time home-office setup plus a USD $150 monthly stipend via Brex card.
Annual retreat
No company-paid get-togethers mentioned.

Read from the listing automatically. Always confirm the details with the company before you accept an offer.

About the role

In this role, you will define and execute Alpaca's market data strategy, operating both as a core capability powering internal trading and brokerage infrastructure and as a standalone commercial product line. Balancing strategy and technical delivery, you will decide data sourcing, packaging, build-versus-buy trade-offs, and ship the APIs, feeds, and developer tooling relied on by external partners and internal brokerage teams.

What you'll do

  • Negotiate or inform negotiations on exchange licensing, redistribution rights, and entitlements with global trading venues and vendors.
  • Evaluate build-versus-buy decisions for market data sourcing, proprietary collection, normalization, and derived analytics.
  • Define commercial packaging and pricing models across real-time, delayed, depth-of-book tiers, and historical datasets.
  • Own the developer experience and specifications for market data APIs across REST, WebSocket/SSE, and historical endpoints.
  • Lead partner discovery with neobrokers, RIAs, hedge funds, and crypto exchanges to prioritize data capabilities.

What you bring

  • Demonstrated experience leading product management for financial market data, brokerage, or trading infrastructure.
  • Familiarity with exchange licensing, market data redistribution constraints, and entitlement models.
  • Experience building commercial models and packaging for data or developer-focused API products.
  • Technical understanding of high-throughput data feeds, historical market datasets, and API protocols.

About Alpaca

Alpaca is a developer-focused brokerage platform providing API infrastructure for stocks, ETFs, options, crypto, and fixed income. The company serves hundreds of financial institutions across 40 countries and is backed by over $400 million in funding.

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