What You’ll Do
As the founding principal hardware engineer, you will lead the design and in‑production implementation of an exchange and co‑located trading facility on a single silicon device. You will also lead the development of PAX core technology and set future design directions.
PAX Ultra‑Low‑Latency In‑Silicon Matching Engine
PAX is building the world's first exchange and co‑located trading facility on a chip. Production will run on AWS F2 FPGA instances and will later transition to an ASIC that combines network aggregation with exchange functionality.
Exchange Integrated High‑Frequency Trading Logic
The PAX λ API gives traders on‑chip, exchange‑integrated HFT decision logic. Using the λ API, traders can make markets or take arbitrage opportunities, responding to market events instantly as they are registered in the matching engine.
Deep Dives On PAX Market Structure & Technology
- On‑exchange trading incentives with inherent price competition.
- PAX rebates & fees.
- PAX λ API.
Relevant Background
Candidates with experience in high‑frequency trading (HFT) or at an exchange are encouraged to apply.
Skills
- SystemVerilog
- FPGA or ASIC design experience
- Rust and/or C++
- HFT
- Protobuf
- Curiosity and ability to learn
- Passion for trading and markets