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Alpaca

Product Manager – Market Data

Alpaca

. Define and grow Alpaca's market data business as a standalone, revenue-generating product line .

Posted 9/25/2026full-timeRemoteMid-LevelSeniorWebsite

About the role

Key responsibilities & impact
  • Define and grow Alpaca's market data business as a standalone, revenue-generating product line
  • Own Alpaca's market data strategy as both a platform capability and standalone product
  • Decide what data to source, how to package and price it, and what to build versus buy
  • Ship APIs, feeds, and tooling for partners and internal teams
  • Negotiate or inform negotiations on exchange licensing, redistribution rights, and entitlements
  • Assess data infrastructure sourcing, proprietary collection and normalization, and derived data products
  • Define pricing and packaging and work with sales to grow market data revenue
  • Analyze competitive positioning and identify Alpaca's brokerage-plus-data advantage
  • Own coverage, latency, reliability, and documentation for market data APIs
  • Lead partner discovery and translate data needs into prioritization

Requirements

What you’ll need
  • Experience defining and owning market data strategy
  • Ability to negotiate or inform negotiations on exchange licensing, redistribution rights, and entitlements
  • Ability to assess build-vs-buy decisions for data infrastructure
  • Experience defining pricing and packaging for market data products
  • Understanding of competitive positioning and market data provider pricing
  • Experience owning developer experience for market data APIs, including REST, WebSocket/SSE, and historical endpoints
  • Ability to conduct partner discovery and prioritize market data capabilities
  • Familiarity with licensing, entitlement, and redistribution constraints across exchanges, asset classes, and geographies

Benefits

Comp & perks
  • Competitive Salary & Stock Options
  • Health Benefits
  • New Hire Home-Office Setup: One-time USD $500
  • Monthly Stipend: USD $150 per month via a Brex Card