Exchange Software Engineer

Posted 22 Days Ago
Chicago, IL, USA
In-Office
150K-210K Annually
Mid level
Blockchain • Fintech • Software • Financial Services • Cryptocurrency • Web3
Bitnomial is building the regulated crypto futures exchange for the next generation of financial markets.
The Role
Design and manage core services for a derivatives exchange, focusing on systems engineering with high correctness and low latency, primarily using Haskell.
Summary Generated by Built In
About Bitnomial

Bitnomial is building the next generation US-based global derivatives exchange, starting with digital assets and progressively expanding to encompass a full spectrum of commodities worldwide. Bitnomial operates a US CFTC regulated exchange (DCM), clearinghouse (DCO), and brokerage (FCM). Bitnomial offers the Bitcoin Complex comprising physically delivered Bitcoin Futures, Options, Deci Futures, and Hashrate Futures used by brokers, hedge funds, institutions, and trading firms around the world.

Role Overview

Bitnomial is hiring an engineer to design and own core services across the exchange and clearing stack: matching engines, order lifecycle, margin and risk systems, position netting and settlement, market data, and collateral flows. The codebase is Haskell. The environment is low-latency, high-correctness, and directly connected to regulated capital markets. The work is systems design under regulatory, latency, and failure constraints.

This role is designed for two types of candidates: engineers from the trading or prop firm world (typically Java or C++) who want to work in Haskell, and Haskell engineers who want to apply their skills to exchange and clearing infrastructure. Strength in either background is sufficient. Strength in both is exceptional.

Core RequirementsEngineering Fundamentals
  • Strong software engineering skills in a compiled, statically typed language (Haskell, Java, C++, Scala, OCaml, Rust)

  • Comfort with concurrent and multithreaded systems

  • Experience designing systems where correctness and latency both matter

  • Ability to reason about failure modes, edge cases, and state management

  • Clear written communication: design documents, technical tradeoffs, and architectural decisions

Trading Systems or Functional Programming (one or both)
  • Trading systems path: Experience building or operating order execution, risk, margin, settlement, or market data systems, in any language. Understanding of exchange or clearing workflows, position management, or collateral systems.

  • Haskell path: Production Haskell experience or deep familiarity with typed functional programming (strong type systems, effect management, property-based testing). Willingness to learn trading and clearing domain concepts.

Infrastructure
  • Linux systems proficiency: debugging, profiling, deployment

  • Comfort with networked systems: TCP, binary protocols, serialization formats

  • Experience with relational databases (PostgreSQL preferred)

  • Familiarity with market protocols (FIX, binary protocols) or message systems (Kafka) is a plus

Baseline Expectations

Candidates should be able to:

  • Own services end-to-end from design through production, including observability and operational runbooks

  • Debug across application, network, and system layers without waiting for someone else to narrow the problem

  • Make sound technical decisions independently in ambiguous situations

  • Operate with the rigor expected when systems handle real capital in regulated markets

Experience with matching engine or OMS internals, real-time risk and margin systems, high-throughput persistence and serialization, or reconciliation and surveillance pipelines is valuable but not required.

If a candidate lacks the fundamental technical baseline described above, the role is not a fit.

Compensation Range: $150K - $210K

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The Company
HQ: Chicago, IL
26 Employees
Year Founded: 2014

What We Do

Bitnomial is building the next generation of U.S. derivatives infrastructure. We are a regulated exchange and clearinghouse offering bitcoin futures and options under full oversight of the CFTC. By combining the transparency and safeguards of traditional finance with the efficiency of digital assets, Bitnomial brings institutional trust and accessibility to crypto-native markets. We operate as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Future's Commission Merchant, with end-to-end regulatory compliance and robust risk management built into every layer of our technology. From our headquarters in Chicago—a historic center of commodity and financial derivatives—we’re reimagining what’s possible in crypto trading and clearing. We believe the next generation of financial products will be built on-chain, and we are building the secure, regulated rails to power that future.

Why Work With Us

Join a small, sharp team building regulated crypto markets from the ground up. At Bitnomial, you’ll solve meaningful problems in trading, clearing, and infrastructure. We move fast, build thoughtfully, and value impact over ego.

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Bitnomial Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQChicago, IL
We love being in River North, just steps from world-class food, architecture, and the energy of Chicago’s tech and trading scene. It’s the perfect place to build the future of finance.

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