Technical Product Manager - Capital Markets

ABOUT US:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years. Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

OUR PEOPLE:

People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives.  We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

ROLE SUMMARY:

The Electronic Trading Technical Product Manager is responsible for the technical product strategy, delivery, and evolution of the Millennium Exchange trading platform, ensuring it meets the highest standards for performance, resilience, fairness, and regulatory compliance.

This role sits at the intersection of market operations, trading technology, product design, and engineering, owning the translation of market structure and participant needs into production‑grade exchange services used by global trading firms, brokers, and market makers.

WHAT YOU'LL BE DOING:

Exchange Product & Platform Strategy

• Own and evolve the technical product roadmap for Millennium Exchange components including:

  • Central order book

  • Matching engine

  • Market data dissemination

  • Gateways and participant connectivity

• Drive platform enhancements aligned to:

  • Market quality

  • Throughput and latency improvement

  • Capacity and scalability growth

• Balance participant demands with market integrity and operational stability

Market Structure & Stakeholder Engagement

• Work closely with:

  • Market Operations

  • Regulatory Affairs

  • Engineering & Platform Architecture

  • Internal Product & Client Engagement teams

• Translate market model changes (tick sizes, auction mechanics, order types) into technical delivery plans

• Act as a technical point of contact for member firms on platform capabilities and behaviour

Technical Delivery & Execution

• Own detailed technical product requirements, including:

  • Functional behaviour and market mechanics

  • Sequencing and deterministic processing rules

  • Performance and capacity targets

  • Failure and recovery scenarios

• Partner with engineering teams to deliver changes through:

  • Design reviews

  • Incremental releases

  • Full market rehearsals and testing cycles

• Ensure change delivery meets strict governance and release controls

Low‑Latency & Non‑Functional Ownership

• Define and enforce standards for:

  • Deterministic latency

  • Throughput and peak message handling

  • High availability and failover

  • Business continuity and disaster recovery

• Own platform observability including:

  • Latency distribution monitoring

  • Order lifecycle tracing

  • Capacity and stress metrics

• Support incident triage and post‑incident root cause analysis

Market Data & Transparency

• Own technical aspects of:

  • Level 1 / Level 2 market data feeds

  • Replay, recovery, and consistency mechanisms

• Ensure data accuracy, timeliness, and fairness across all participants

• Work with downstream consumers on schema evolution and feed performance

Regulatory, Risk & Controls

• Ensure platform changes comply with regulations and partner with Risk and Compliance as needed

WHAT YOU'LL BRING:

Essential

• Strong experience as a Technical Product Manager, Product Owner, or Senior Engineer in:

  • Exchanges

  • Market infrastructure

  • Ultra‑low‑latency trading platforms

• Deep understanding of:

  • Central limit order books

  • Matching engine behaviour

  • Price/time priority models

• Proven ability to own complex, highly regulated technical systems

• Experience working closely with platform engineers and architects

• Ability to make informed trade‑offs between:

  • Performance

  • Market fairness

  • Operational risk

Desirable

• Direct experience with Millennium Exchange or similar exchange platforms

• Strong understanding of:

  • FIX and native exchange protocols

  • Multicast market data distribution

  • Deterministic system design

• Asset‑class experience:

  • Equities, ETFs, Fixed Income, or Derivatives

• Experience supporting large‑scale market migrations or upgrades

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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