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Coinbase is building the future of institutional trading as part of the Everything Exchange, powering the systems that let the world's largest financial institutions trade across markets with speed, depth, and trust. As a Senior Data Engineer, Market Data on the Institutional Markets team, you'll build and operate the systems that capture, normalize, and distribute real-time market data across Coinbase at low latency - the feed handlers, venue connectors, and distribution layer that form the backbone of a unified trading platform.
Key Responsibilities
- Build and maintain market data components including feed handlers, normalization pipelines, distribution systems, and venue connectivity.
- Design and implement low-latency, high-throughput services for real-time market data consumed by trading systems across the platform.
- Drive reliability and performance improvements through observability, on-call participation, and incident response.
- Write high-quality, well-tested code and contribute to engineering standards on a lean team.
- Partner with engineers, product managers, and cross-functional stakeholders to deliver market data capabilities that support Coinbase's institutional trading roadmap.
Required Skills and Experience
- 3+ years of backend engineering experience building and maintaining production low-latency systems.
- Hands-on experience with at least one area of market data infrastructure (feed handlers, normalization, or distribution).
- Proficiency in low-latency Java (or C++) and familiarity with high-throughput messaging frameworks (Aeron, SBE, or similar).
- Familiarity with venue/exchange connectivity and market data protocols (FIX, ITCH/OUCH, multicast).
- Track record shipping features end-to-end and operating what you build in production.
- Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.
Pay Transparency Notice: Base salary varies by location (see range below). Total compensation may also include equity and bonus eligibility, and benefits (medical, dental, vision, 401(k)).
Annual base salary range (excluding equity and bonus)
$191,250 - $225,000 USD
- Application Limit: Candidates may submit a maximum of 3 applications within a 6-month period.
Applicants with criminal histories will be considered consistent with applicable federal, state, and local laws.
- Accommodations: If you are an individual with a disability who needs a reasonable accommodation, email us your request and contact info at accommodations[at]coinbase.com. Need screen reading technology? Click here to download a free compatible screen reader and view the tutorial.
- Data Privacy & Arbitration: By submitting your application, you agree to our. US applicants: By submitting your application, you agree to Arbitration of Disputes.
About Coinbase
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam in San Francisco, is the largest US-listed crypto exchange (NASDAQ: COIN) with 110M+ verified users and $300B+ quarterly traded volume. Products span retail, Advanced Trade, Wallet self-custody, Base L2 and institutional prime. Public since 2021, Coinbase drives US policy engagement and proof-of-reserves standards. The bar is high for security thinking, regulatory judgment and shipping consumer-grade crypto products. As the premier US-listed digital asset platform, Coinbase sets industry standards for security architecture, regulatory engagement, and developer-first Web3 ecosystem scaling. Coinbase recruits across engineering, risk compliance, product design, and business development to expand compliant Web3 financial services.
