Post Job Free
Sign in

Senior FPGA Developer

Company:
Millennium Management
Location:
Manhattan, NY, 10007
Posted:
March 01, 2026
Apply

Description:

Senior FPGA Developer The Systematic Platform Execution & Exchange Data (SPEED) Team is at the core of Millennium's Equities, Quant Strategies, and Shared Services Technology organization, powering the firm's lowest latency solutions for systematic and high frequency trading.

SPEED delivers the live trading and market data platforms used by portfolio managers and risk systems, including Latency Critical Trading (LCT), DMA OMS (Client Direct), DMA market data feeds, packet capture (PCAPs), enterprise market data, and intraday data services across latency tiers from sub100 nanoseconds to millisecond sensitive workflows.

By building and operating this execution and data infrastructure, SPEED enables portfolio managers and researchers to compete effectively in the most time-critical markets.

As a Senior FPGA Developer on SPEED, you will design and build the most latency-critical components of our trading system.

We are aiming for the best in class here.

Additionally, you will work on making the platform more scalable.

The systems must grow along with data volumes while keeping a small footprint.

You will collaborate with systems (Linux, network) engineers, senior software engineers as well as senior quantitative researchers, operate and optimize these systems in production, and have clear opportunities to grow into technical and team leadership as the effort scales.

This role offers the chance to work end-to-end on mission critical HFT systems in a highly technical environment, directly shaping the performance, reliability, and evolution of platforms that are central to Millennium's trading edge.

Principal Responsibilities * Design, implement, and verify FPGA logic for ultra low latency market data processing, order handling, and risk checks.

* Optimize existing FPGA designs for latency, determinism, and throughput (e.g., deep pipelining, resource balancing, floor planning). * Develop, maintain, and improve hardware-software interfaces and APIs for trading and research teams.

* Build and maintain testbenches, simulation environments, and regression suites (e.g., SystemVerilog, UVM, scripting). * Collaborate with network engineers to optimize end to end path latency (NICs, PHYs, transceivers, timing). * Profile and tune FPGA designs in production, using measurement, debug, and monitoring tooling.

* Document designs, interfaces, and operational runbooks; provide support to production operations and trading teams.

Qualifications/Skills Required * 5+ years of hands on FPGA design experience in an HFT environment.

* Strong proficiency in HDL (Verilog/SystemVerilog and/or VHDL) and FPGA vendor toolchains (e.g., Xilinx Vivado, Intel Quartus). * Solid understanding of digital design fundamentals: timing closure, clock domain crossing, pipelining, resource utilization, and verification.

* Experience with high speed serial interfaces and network protocols (e.g., Ethernet, UDP/TCP/IP, multicast). * Strong interpersonal skills with a proven ability to navigate large organizations, create cross-team synergies, and influence outcomes.

* High accountability and ownership; able to self-manage time, set priorities, and meet deadlines.

* Potential to provide technical leadership and manage a small team The estimated base salary range for this position is $175,000 to $250,000, which is specific to New York and may change in the future.

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package.

When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

Apply