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Designated Market Maker Jobs (NOW HIRING)

Senior Software Engineer C++

Manhattan, NY ยท Hybrid

$150K - $225K/yr

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com ...

Sales Representative

Manhattan, NY ยท On-site +1

$120K - $200K/yr

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

Sales Representative

Manhattan, NY ยท Hybrid

$120K - $200K/yr

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

Sales Representative

Manhattan, NY ยท Hybrid

$120K - $200K/yr

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

Network Engineering Lead - New York, NY

Manhattan, NY ยท On-site

$111K - $153K/yr

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.

Floating Leasing Consultant

Wilmington, NC ยท On-site

$15.50 - $18.25/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Atlanta, GA ยท On-site

$15.75 - $18.75/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Raleigh, NC ยท On-site

$16 - $19/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Annapolis, MD ยท On-site

$20 - $25/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Raleigh, NC ยท On-site

$16 - $19/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Wilmington, NC ยท On-site

$15.50 - $18.25/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Atlanta, GA ยท On-site

$15.75 - $18.75/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

Floating Leasing Consultant

Arlington, VA ยท On-site

$20 - $25/hr

... designated market or region. This position is responsible for providing excellent service to all ... Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this at ...

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Showing results 1-20

Designated Market Maker information

See salary details

$15

$29

$39

How much do designated market maker jobs pay per hour?

As of Jul 17, 2026, the average hourly pay for designated market maker in the United States is $29.44, according to ZipRecruiter salary data. Most workers in this role earn between $25.48 and $32.93 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Designated Market Maker, and why are they important?

To thrive as a Designated Market Maker, you need strong quantitative analysis skills, deep understanding of financial markets, and typically a background in finance, economics, or mathematics. Proficiency in electronic trading platforms, algorithmic trading systems, and relevant regulatory certifications such as FINRA licenses are essential. Excellent decision-making under pressure, attention to detail, and effective communication are crucial soft skills for success in this role. These skills enable market makers to provide liquidity, manage risk, and ensure orderly and efficient market operations.

How much does a designated market maker make?

A designated market maker (DMM) typically earns between $100,000 and $300,000 annually, depending on experience, location, and trading volume. Compensation often includes base salary, performance bonuses, and incentives for maintaining liquidity and market stability.

What does a designated market maker do?

A designated market maker (DMM) is a professional responsible for providing liquidity in a specific security or market by continuously quoting buy and sell prices. They help ensure fair and orderly trading, often using trading platforms and adhering to regulatory requirements. DMMs play a key role in maintaining market stability and efficiency.

How hard is it to get a job at Citadel Securities?

As a highly competitive firm, Citadel Securities typically requires candidates for roles like a Designated Market Maker to have strong quantitative skills, relevant experience, and often a background in finance, mathematics, or computer science. The hiring process involves multiple interviews, technical assessments, and a demonstration of problem-solving abilities, making the process challenging but attainable for well-qualified applicants.

How to become a designated market maker?

To become a designated market maker (DMM), candidates typically need a strong background in finance, trading, or related fields, along with relevant licenses such as the Series 7 and Series 63. Experience in market making, excellent analytical skills, and knowledge of trading platforms are also important; some firms may require a securities license and a thorough understanding of market regulations.

What are some common challenges faced by Designated Market Makers, and how are they typically addressed?

Designated Market Makers (DMMs) often face challenges such as managing inventory risk, maintaining tight bid-ask spreads, and ensuring liquidity during periods of market volatility. To address these, DMMs use advanced trading algorithms, real-time risk management tools, and collaborate closely with other trading desks and technology teams. Additionally, they must stay updated on market regulations and adapt to rapid changes in trading volumes or order flow, requiring strong analytical and communication skills.

What are Designated Market Makers?

Designated Market Makers (DMMs) are specialized traders appointed by a stock exchange to maintain fair and orderly trading in specific securities. They are responsible for quoting both buy and sell prices, ensuring liquidity, and facilitating smooth transactions by matching buyers with sellers. DMMs help reduce price volatility and are crucial in markets with lower trading volumes. They are often compensated through transaction fees or other incentives provided by the exchange.

What is the difference between Designated Market Maker vs Market Maker?

AspectDesignated Market MakerMarket Maker
CredentialsTypically requires licensing (e.g., Series 7, 63), certifications, and industry experienceOften requires similar licenses and certifications, but may vary by firm
Work EnvironmentOperates within specific exchanges, with assigned responsibilities and obligationsOperates more broadly across multiple venues, providing liquidity generally
Employer & Industry UsageUsed mainly in stock exchanges like NYSE, with designated responsibilitiesCommon across various trading venues, including OTC and electronic markets
Search & Comparison IntentOften compared for regulatory roles and responsibilitiesCompared for liquidity provision and trading strategies

In summary, a Designated Market Maker is a specialized role with specific exchange obligations, while a Market Maker generally provides liquidity across multiple venues without designated responsibilities. Both roles require similar credentials but differ in scope and regulatory obligations.

What cities are hiring for Designated Market Maker jobs? Cities with the most Designated Market Maker job openings:
Infographic showing various Designated Market Maker job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 74% Full Time, 22% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $61,245 per year, or $29.4 per hour.
Senior Software Engineer C++

Senior Software Engineer C++

GTS

Manhattan, NY โ€ข Hybrid

$150K - $225K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 9 days ago


Job description

Overview

Senior Software Engineer - C++

ย 

GTS is currently seeking a talented Senior Software Engineer to join our Trading Systems Development Team to drive the expansion of our platform and trading teams into new capabilities, markets and asset types. This role requires a strong interest in financial markets and the technology that supports it. ย ย A qualified candidate would have excellent communication skills, both written and verbal. You will work directly with the Development Team (CoreDev) to support our trading teams.ย The successful candidate will be team oriented and a systematic problem solver, and will help us design, build and operate mission critical systems used for financial markets transactions.

GTS is a collection of financial services companies spanning a wide array of asset classes and investment approaches, all powered by the combination of market expertise with innovative, proprietary technology. With roots as a quantitative trading firm continually building for the future, the GTS family of companies are able to leverage the latest in artificial intelligence systems and sophisticated pricing models to bring consistency, efficiency, and transparency to today's financial markets. GTS's electronic market maker GTS Securities accounts for 3-5% of daily cash equities volume in the U.S. and is a leading Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visitย www.gtsx.com

Responsibilities

Responsibilities

  • Implement market data feed handlers interfacing to exchanges and vendors and normalize into internal protocols
  • Responsible for the implementation and enhancement of low-latency book building logic supporting both aggregated price levels and market by order feeds
  • Develop order entry gateways communicating directly with exchanges or vendors to support bi-directional order flow, normalizing into internal protocols
  • Implement exchange protocol simulators, to support use of production gateway binary in UAT running against simulated exchange
  • Implement Price Caches with co-mingled market data and order entry to support trading in FX/Futures/Fixed Income venues
  • Responsible for enhancement of low-latency order management logic
  • Contribute to the evolution and enhancement of trade engine frameworks for the implementation of trading strategies
  • Contribute to the evolution of messaging layer to support efficient low-latency trading
Qualifications

Qualifications

  • Expertise in Linux C++ Trading Systems Development
  • Expertise in low-latency C++ implementation
  • Proficiency with Software Engineering principles including code management with Git/repo/branches, unit testing frameworks, gdb debugger, valgrind, etc.
  • Bachelors/Masters of Science in an Engineering, Computing, or Science discipline.
  • 7-years Professional experience in software engineering
  • Proficient in Linux system commands and networking concepts
  • Experience in scripting languages such as Python, bash
  • Experience in one or multiple of the following: FX, Futures and/or Fixed Income

We're proud to employ leading talent in the industry and work to ensure our employees enjoy a high quality of life.

Please note: The use of AI tools during interviews isย strictly prohibited, unless explicitly agreed upon.ย ย 

In accordance with New York City's Pay Transparency Law, the base salary range for this role is $150,000 to $225,000. Base salary does not include other forms of compensation or benefits.ย 

Benefits:ย 

Core Benefits: Medical, Dental, and Vision coverage with generous employer contribution for employees and dependents.ย 401k match.ย 

Perks: Daily Meal Allowance, Equinox Corporate Membership Rate, Snacks, Office Game Room, Casual Dress.ย 

Hybrid Work Policy: 4 Days a Week in office, Fridays can be worked from home.ย 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status, and will not be discriminated againstย on the basis ofย disability.ย 

Unsolicited resumes:ย 

We do not accept unsolicitedย headhunterย and agency resumes and will not pay fees to any third-party agency or company that does not have a signed agreement with GTS.

Employment Type: FULL_TIME