Equity Electronic Trading Product Manager



Stamford, CT, USA
Posted on Tuesday, May 9, 2023
About BestEx Research

BestEx Research is a financial technology and research firm specializing in building sophisticated execution algorithms and transaction cost modeling tools servicing multiple asset classes. The firm provides its services to performance-demanding hedge funds, CTAs, asset managers, and banks through a traditional electronic broker and in a broker-neutral Software as a Service (SaaS) model.

BestEx Research’s mission is to become the leader in automation and measurement of execution across asset classes globally and significantly reduce transaction costs for our clients.

Its cloud-based platform, Algo Management System (AMS), is the first end-to-end algorithmic trading solution for equities, futures, and foreign exchange that delivers an entire ecosystem around execution algorithms, including transaction cost analysis (TCA), an algo customization tool called Strategy Studio, a trading dashboard, and pre-trade analytics in a single platform. The platform is currently live for US equity and global futures trading.

BestEx Research is disrupting a $100 billion industry by challenging the status quo of stale, black-box solutions from banks and offering next-generation execution algorithms that combine performance improvement with transparency and customization. BestEx Research uses leading-edge technology to support its low-latency, highly scalable research and trading systems with its back end in C++, research libraries in C++/Python and R, and web-based technologies for delivering its front-end platforms.

Visit bestexresearch.com for more information about our mission, products, research, and services.

Why work at BestEx Research?

If you want to help investors reduce their trading costs in an incredibly complex market structure and help create and shape an industry-defining product, then this is an excellent opportunity to join an incredibly talented team of 20+. BestEx Research has almost zero turnover, top notch clients, zero bureaucracy, and a flat organizational structure. It is a true meritocracy, set in a collaborative environment, where every employee is working on extraordinarily interesting projects. Our pay scale and benefits are comparable to top-tier firms in our industry, either in the form of cash compensation or a hybrid cash and equity compensation plan. Employees at BestEx Research have exposure to much more variety in the projects they complete and opportunities for growth than in similar roles at other firms.

  • Defining the product roadmap of the firm’s North American equity electronic trading product suite which includes execution algorithms and smart order routers
  • Working alongside engineering and quant teams to drive delivery of the roadmap
  • Working alongside Marketing to communicate new product features to clients
  • Leading product demos for clients alongside the Sales team; representing the firm at various industry conferences
  • Engaging with clients on understanding requirements, making recommendations, setting up new strategy and SOR configurations, A/B experiments and providing periodic TCA analysis and consulting on the outcomes
  • Assisting with production inquiries related to the product suite, providing client coverage
  • Managing relationships with trading venues, downstream broker-dealer and other liquidity partners
  • Keeping abreast of market structure changes and the liquidity landscape, evaluating the impact of those changes on our product suite and recommending solutions to benefit from those changes


  • Bachelor’s or Master’s degree in Engineering or a quantitative field
  • 5+ years of prior experience with equity market structure and electronic trading
  • Product management experience, familiarity with SDLC and project management
  • Strong verbal and written communication skills, documentation skills, time management and task prioritization skills
  • Experience with data analysis languages such as R or Python.
  • Experience with database query languages