About CIX
CIX is seeking registration as Canada’s newest innovative Alternative Trading System, built to deliver a modern, transparent, and efficient marketplace for Canadian equities and listed products. We are a lean, entrepreneurial team where every member directly impacts how our markets operate.
The Role
We are looking for a Head, Product and Analytics to own the design, development, and performance of CIX’s equitytrading products. This is a senior, product-first role with analytics at its core, focused on market structure innovation, data-driven decision-making, and measurable execution quality.
The Head, Product and Analytics will translate client needs, regulatory constraints, and competitive dynamics into differentiated trading products that drive liquidity, adoption, and revenue. It is a hands-on builder role with fullaccountability for product performance, supported by rigorous analytics and continuous optimization. This is a newly created leadership role designed to support CIX’s continued growth and product expansion.
Key Responsibilities
Product Strategy and Market Structure
- Own the end-to-end product strategy and roadmap for CIX equity trading products.
- Design and develop innovative market structure features that improve execution quality, liquidity formation, and participant outcomes.
- Lead product initiatives from concept through regulatory engagement, launch, and ongoing iteration.
- Partner closely with technology to convert trading and market structure concepts into clear specifications and release plans.
- Act as the internal subject-matter expert on Canadian and global equity market structure.
- Evaluate pricing models, order types, auctions, and incentive structures with a focus on simplicity, transparency, and adoption.
Analytics and Performance Ownership
- Own product-level performance across volume, liquidity quality, spreads, fill rates, toxicity metrics, participation, and client outcomes.
- Partner with the sales team to utilize analytics to highlight CIX performance to clients.
- Build and maintain a rigorous analytical framework to evaluate execution quality and market quality versus strategic objectives.
- Design and oversee dashboards and reporting tools that provide real-time and longitudinal insight into trading performance.
- Establish KPIs for each product and trading mechanism, and ensure accountability against them.
- Use quantitative analysis to prioritize roadmap decisions and validate new market structure features before and after launch.
- Conduct competitive and peer analysis to identify structural advantages and areas for differentiation.
- Translate complex data into clear insights for internal leadership, brokers, dealers, and regulators.
Cross-Functional Leadership
- Support senior leadership in articulating clear, evidence-based value propositions for brokers, dealers, and issuers.
- Engage, in partnership with sales, with market participants where deep product and analytical expertise is required.
- Work cross-functionally with regulatory, compliance, technology, and operations teams to ensure fast, compliant execution.
- Other duties as assigned in support of CIX’s trading and product strategy.
Qualifications
- 10+ years of experience in equity trading, market structure, trading technology, or related fields.
- Deep understanding of Canadian equity markets and ATS frameworks. Global market structure experience is an asset.
- Demonstrated experience designing, launching, or materially improving trading products or market mechanisms.
- Strong analytical and quantitative capabilities, with a track record of using data to drive product decisions and performance improvements.
- Experience building or overseeing analytical dashboards, KPIs, and performance reporting frameworks.
- Experience engaging with regulators, compliance teams, and senior internal stakeholders.
- Comfort operating in a fast-moving, entrepreneurial environment with high ownership and accountability.
Nice to Have
- Experience working at an ATS, exchange, broker-dealer, or market infrastructure provider.
- Exposure to alternative trading models, auctions, or innovative liquidity mechanisms.
- Experience supporting early-stage or growth-phase market infrastructure platforms.
- Familiarity with execution quality analysis, transaction cost analysis, or market microstructure research.
Why Join CIX?
- Be part of building the infrastructure of Canada’s newest ATS.
- Work on critical systems where your impact is immediate and visible.
- Gain exposure to both systems administration and financial market operations.
- Competitive compensation and growth opportunities.
CIX is an equal opportunity employer and values diversity in our workforce. We encourage qualifiedindividuals from all backgrounds to apply. Please let us know if you require accommodations to apply for this posting, or if we contact you for an interview, if you require accommodations at any stage of the recruitment process.
How to Apply
Send your resume and a short cover letter to careers@thecix.ca.
