---
title: 'Product Associate at MarketAxess'
canonical: 'https://feeny.ai/job/product-associate-marketaxess-new-york-new-york-bgks179sgjsr'
type: 'job'
last_seen: '2026-09-10'
---

# Product Associate at MarketAxess

- **Company:** MarketAxess
- **Location:** New York New York, United States
- **Posted:** 2026-08-11
- **Last confirmed live:** 2026-09-10
- **Apply:** https://www.marketaxess.com/careers/current-openings/detail/jobs/4704063006?gh_jid=4704063006

## Job description

## About Us

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There.

## The Role

This Product Associate role sits within our core trading product team, focused on building the next generation of fixed income trading solutions for clients and dealers.

In this role, you will partner closely with the Product Manager to represent business priorities—helping to define and prioritize features, approve user stories, and maintain clear, consistent communication across stakeholders. You will own and manage the product backlog, creating and refining high-quality user stories that are actionable for the scrum team.

The Product Associate will also act as a representative of the scrum team when engaging with internal and external stakeholders, ensuring alignment and incorporating feedback into the product roadmap. This role plays a key part in driving change, championing new ideas, and aligning and motivating teams to deliver against shared objectives.

## How You'll Help Take Us There

- Learn quickly and become a subject matter expert in both fixed income trading and Agile culture, processes, practices and tooling.
- Prioritize the backlog of work so that it best supports the execution of the product strategy - write, refine, and prioritize user stories with clear acceptance criteria.
- Work closely with Product Managers to ensure the delivery of coherent and consistently high-quality products delivered at pace.
- Collaborate with engineering, UX, and business teams to ensure alignment on feature development and technical feasibility.
- Work closely with developers and QA to clarify requirements, troubleshoot issues, and validate feature completion.
- Analyze user and market data for insight on what is driving client behavior. Use this data to produce insightful sales material that will drive product usage.
- Define and track key product performance metrics, using data to drive continuous improvements.
- Be comfortable show casing progress to large groups through demos and walkthroughs on topics such as client case studies, user feedback summaries, or product previews to demonstrate value and progress.
- Support the head of product management in tracking business key performance indicators to measure product ROI/success.
- Attend meetings with investor clients or dealers and provide product expertise.

- Assess emerging AI technologies, market trends, and competitive offerings to inform product strategy and innovation roadmaps.

## What We’re Looking for

- 2+ years working in product, project or business analysis roles.
- Strong experience writing user stories, acceptance criteria, and defining scope of work for development teams.
- Demonstrable ability to work in a team environment.
- Experience in Agile delivery techniques, including sprint planning, backlog management, and iterative development.
- Analytical mindset with the ability to use data to drive product decisions and improve performance.
- Experience in financial services sector/fixed income.
- Recent experience of OMS/EMS API integration with trading venues.
- Fundamental understanding of database design, including working knowledge of SQL.
- Exposure to API-driven development and technical product considerations.
- Understanding of AI product development principles, including model evaluation, experimentation, user adoption, data quality, and responsible AI considerations.
- Experience defining, delivering, or supporting AI-enabled product capabilities, including machine learning, generative AI, predictive analytics, intelligent automation, or data-driven decision support solutions.
- Familiarity with AI-assisted product development tools, data analytics platforms, or modern software delivery practices is a plus.
- Experience with data-driven decision-making
- Bachelor’s degree in a relevant subject

## What You Can Expect from Us

- Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks
- Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days
- Generous Parental Leave: Up to 20 weeks fully paid leave
- 401(k): Dollar-for-dollar employer match up to $17,500
- Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more
- Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location
- Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
- Core benefits: Highly competitive medical, dental, and vision programs

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $90,000 USD to $125,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines. [MarketAxess Privacy Notice for Candidates](https://www.marketaxess.com/pdf/greenhouse-mktx-privacy-notice.pdf)

[CCPA Notice at Collection for California Employees and Applicants](https://www.marketaxess.com/pdf/CCPA-notice.pdf)

## About MarketAxess

## Company Overview
- **One-liner**: MarketAxess operates a leading electronic trading platform for global fixed-income markets, connecting institutional investors and broker-dealers to trade corporate bonds, government bonds, and other credit instruments.
- **Entity Type**: Public (Nasdaq: MKTX)
- **Headquarters**: New York City, New York, United States (55 Hudson Yards)
- **Founded**: 2000
- **Founders**: Richard McVey

## Core Business
- **Primary industry**: Financial Services / Fintech – electronic trading, market data, and post-trade services for fixed-income securities.
- **Target customers**: B2B – institutional investors (asset managers, hedge funds, insurance companies) and broker-dealers. Over 2,000 firms use the platform.
- **Mission or purpose**: To digitally transform one of the world’s largest financial markets, shifting from analog, phone-based trading to a fully electronic marketplace, improving transparency, efficiency, and competition.

## Products & Services
- **Electronic Trading Platform**: Core SaaS platform enabling request-for-quote (RFQ), portfolio trading, and automated algorithmic execution. Includes the award-winning **Open Trading®** all-to-all marketplace where institutional investors and dealers trade anonymously.
- **Market Data & Analytics**: Intelligent data products, pricing, and analytics for fixed-income markets (e.g., TraX Tape for enriched bond market activity).
- **Post-Trade Services**: Services including trade confirmation, matching, settlement, and regulatory reporting (acquired Regulatory Reporting Hub from Deutsche Börse in 2020, and Trax from Euroclear in 2013).
- **Pragma (acquired 2023)**: Quantitative trading technology provider specializing in algorithmic execution and analytics.
- **RFQ-hub (90% stake acquired 2025)**: Bilateral multi-asset, multi-dealer request-for-quote platform.

## Market Standing
- **Valuation/Market Cap**: Not publicly available in search results; as a public company, market cap fluctuates (historically valued at ~$20B in 2020).
- **Key Metric**: Annual Revenue of **$846 million** (2025), Net Income of **$246 million** (2025) – [Wikipedia](https://en.wikipedia.org/wiki/MarketAxess)
- **Notable Investors/Partners**: BlackRock (strategic partnership for Open Trading across US, Europe, Asia), MSCI (collaboration on fixed-income indices and ESG data), Broadway Technologies (Treasury trading workflow).
- **Growth Signals**:
  - Market share in US corporate bonds: ~17% (2025); 85% of investment-grade and 84% of high-yield electronic trading occurs on MarketAxess.
  - Expansion into Indian government bonds (June 2025).
  - Acquisitions of Pragma (2023), RFQ-hub (2025), MuniBrokers (2021), LiquidityEdge (2019).
  - Employee count grew to 868 (2025) from 744 (2020).

## Competitive Advantages
- **Network effects**: Large, diversified pool of liquidity with over 2,000 institutional and dealer participants.
- **Open Trading®**: Patented all-to-all marketplace that increases liquidity and anonymity, widely regarded as the preferred solution in global credit markets.
- **First-mover & scale**: Dominant position in US corporate bond electronic trading; strong brand and trust built over 25+ years.
- **Integrated ecosystem**: Full trading lifecycle – execution, data, analytics, and post-trade – creates switching costs for clients.

## Strategic Focus
- **Digital transformation**: Continuing to electronify fixed-income markets, expanding into new asset classes (munis, Treasuries, emerging markets) and geographies (India, Asia).
- **Technology & automation**: Enhancing algorithmic trading, AI-driven pricing, and portfolio trading capabilities.
- **Data & analytics**: Growing revenue from data products and indices (partnership with MSCI).
- **M&A**: Acquiring complementary platforms to broaden product suite and client reach.

## Why Work Here
- **Culture**: Hybrid workspace (combination of remote and on-site) with offices in New York (HQ), London, Singapore, Hong Kong, and others. Emphasis on innovation, agility, and collaboration – “transforming how the world trades fixed income.”
- **Compensation**: Competitive salaries – e.g., Software Engineer Intern ~$138k/year, Sales ~$130k, Solutions Architect ~$183k (LinkedIn estimates). Benefits include typical financial services perks.
- **Employee ratings**: 3.5/5 on LinkedIn (240 reviews) with Work-Life Balance 4.2, Compensation 3.7, Culture 3.4, Career 3.1.
- **Engineering culture**: Strong technical teams (204 employees in technical roles). Talent sourced from Bloomberg, JPMorgan, Goldman Sachs, and other top firms.
- **Stability & growth**: Public company with consistent revenue growth (from $191M in 2012 to $846M in 2025), profitable, and expanding globally.
- **Career development**: Opportunities in product management, quantitative research, sales, and engineering. Active job postings for senior roles (Head of Data & Analytics Product, Senior Quantitative Researcher, Senior UX Designer).

## Sources
1. [investor.marketaxess.com](https://investor.marketaxess.com/overview/default.aspx) – Investor relations overview, financial results, presentations
2. [linkedin.com/company/marketaxess](https://www.linkedin.com/company/marketaxess) – Employee data, salary ranges, reviews
3. [en.wikipedia.org/wiki/MarketAxess](https://en.wikipedia.org/wiki/MarketAxess) – Company history, financials, acquisitions, partnerships
4. [builtin.com/company/marketaxess](https://builtin.com/company/marketaxess) – Culture, perks, hybrid work policy, job listings
5. [pitchbook.com/profiles/company/14776-57](https://pitchbook.com/profiles/company/14776-57) – Company profile (limited details used)

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