Product Manager - Market Data

About the Position

Product Manager - Market Data

Remote - Americas

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About the Company

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more.

Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totaling over 10 million brokerage accounts.

Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of opening financial services to everyone on the planet. We're deeply committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning, developer-friendly API and the robust infrastructure behind it.

Alpaca is proudly backed by $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.

Our Team Members:

We're a dynamic team of 400+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!

We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values-Stay Curious, Have Empathy, and Be Accountable-and are ready to make a significant impact, we encourage you to apply.

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Responsibilities

• Define and grow Alpaca's market data strategy as a standalone, revenue-generating product line.
• Decide what data we source, how we package and price it, and what we build versus buy.
• Negotiate or inform negotiations on exchange licensing, redistribution rights, and entitlements.
• Assess build-vs-buy for data infrastructure.
• Build the commercial model: define pricing and packaging and work with sales to grow market data revenue.
• Own the competitive position: understand how dedicated market data providers price and differentiate.
• Own the developer experience for market data APIs (REST, WebSocket/SSE, historical endpoints).
• Lead partner discovery: understand what data capabilities are table-stakes vs. differentiating for neobrokers, RIAs, hedge funds, and crypto exchanges.

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Requirements

• Product Management
• Market Data

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We Offer

• Competitive Salary & Stock Options
• Health Benefits
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card

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Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.

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