
at Millennium
Hedge FundsPosted 5 days ago
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**Software Engineer (Java Algo Development)** Java-focused Software Engineer required for equity algorithm development. Build & enhance real-time trading systems, supporting Portfolio Managers. Key responsibilities include algorithm enhancement (VWAP, TWAP), matching engine development, and automated testing. Proficient Java skills essential, with 7+ years in equities execution. Experience with low-latency systems, Kafka, and AI tools for productivity is favorable.
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Full Job Description
Java Developer Algo Development Technology
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millenniums mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Meet the Team
Core to the health and growth of Millenniums business, the Information Technology organization develops flexible, scalable technology and advanced proprietary systems that support the firms active, multi-manager model. Within this organization, the Equities Tech Algorithmic Development team builds and enhances execution technology that supports Portfolio Managers and trading partners across the platform, with a focus on high-performance, real-time trading systems and execution capabilities.
What You'll Do
Partner closely with technologists, Execution Services, and Equity Finance teams to enhance the firms execution offering for Portfolio Managers
Build and evolve real-time algorithmic trading systems and execution platforms in a fast-paced environment
Develop high-quality new features and enhance functionality on a mission-critical platform
Design and upgrade software to meet performance, scalability, and quality expectations
Translate business requirements and market constraints across developed and emerging markets into effective technical solutions
Stay current on relevant technologies, tools, technical libraries, computing environments, and academic research
Support data analysis and provide L3 troubleshooting for issues affecting critical trading infrastructure
What You Bring
7+ years of experience with equities execution systems
Experience developing execution algorithms such as VWAP, TWAP, Inline, and Pairs
Experience working on matching engines and dark pools
Experience implementing automated testing strategies for algorithms, including simulation, backtesting, regression suites, and replay frameworks
Deep understanding of market microstructure, pre-trade risk checks, limit frameworks, and regulatory requirements, and how they affect execution algorithm performance
Expert-level Java skills, with extensive experience building low-latency, GC-aware, high-throughput distributed systems
Strong understanding of distributed, event-driven architectures and messaging technologies such as Kafka, Solace, or similar tools
Experience working with or building algo container frameworks; experience using AI tools to improve developer productivity is a plus





