Product Manager - Market Data

Overview

Lead the strategy, delivery, and growth of Alpaca's market data business as a standalone revenue-generating product line and a capability supporting its brokerage platform.

What you'll do

• Define market data strategy across sourcing, packaging, pricing, and build-versus-buy decisions.
• Negotiate or support negotiations for exchange licensing, redistribution rights, and entitlements.
• Assess third-party sourcing, proprietary collection, normalization, and value-added data products.
• Build pricing and packaging for real-time, delayed, depth-of-book, historical, and derived data.
• Own market data API developer experience, including coverage, latency, reliability, and documentation.
• Lead partner discovery and translate market data needs into product prioritization.

What you'll need

• Experience defining and owning product strategy for market data.
• Ability to work with exchange licensing, redistribution rights, and entitlements.
• Ability to evaluate build-versus-buy decisions for data infrastructure.
• Ability to develop commercial models and grow market data revenue with sales.
• Understanding of market data provider pricing and differentiation.
• Knowledge of REST, WebSocket/SSE, and historical market data APIs.

Details

• Location: Americas, remote.
• Employment type: Full-time role.