Product Manager – Trading

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. These include: Bullish Exchange – a regulated and institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish Exchange is regulated in Germany, Hong Kong, and Gibraltar. CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries. CoinDesk Data - a broad suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics. CoinDesk Insights – a digital asset media and events provider and operator of Coindesk.com, a digital media platform that covers news and insights about digital assets, the underlying markets, policy, and blockchain technology.

Reports to:

Director - Product Management, Exchange Product

We are looking for a highly analytical Product Manager with a strong quantitative background to join our Product Management team in Hong Kong.

As the Product Manager for Trading, you will bridge the gap between mathematical models and scalable production code. You will be responsible for ensuring our pricing, risk models and core trading engine logic are robust, and working cross-functionally to launch features that define the future of TradFi, CeFI and DeFi integration. You are someone who can speak the language of developers and quants fluently but prefers to spend your day solving business problems, writing specs, and collaborating with stakeholders.

Responsibilities

• Product Roadmap: Support the definition and management of the Trading product roadmap, specifically focusing on execution logic, pricing engines, and risk parameters.
• Prototyping & Analysis: Build and run complex market simulations; use Python and SQL to create prototypes and analyze results to validate product hypotheses.
• Technical Documentation: Write clear, detailed functional specifications and use-cases that define how trading features should behave.
• Stakeholder Management: Gather requirements from internal teams (Risk, Compliance, Marketing) and external partners, ensuring the product vision is understood and bought into across the firm.
• Testing & Validation: Oversee the testing of new features, ensuring the "math" works in practice as intended in the specs.
• Product Enablement: Create technical demos and content to support Marketing and Sales in showcasing the sophistication of the trading platform.
• Model Translation: Build mathematical models for new product features and refine existing ones; act as the primary translator for developers to turn these models into high-performance code.

Qualifications

• Education: Bachelor’s or Master’s degree in Financial Mathematics, Computer Science, Statistics or a similar quantitative field.
• The "Product" Mindset: A strong desire to move away from full-stack engineering/heavy coding and into a role focused on product strategy, user experience, and business growth.
• Technical Proficiency: Skills in Python (for prototyping) and SQL; a good understanding of data structures, algorithms, and basic statistical methods.
• Finance Knowledge: Solid understanding of option pricing models, market microstructure, and derivative trading.
• Communication: Exceptional ability to communicate complex technical concepts to non-technical stakeholders (Legal, Marketing, etc.) and a "can-do" attitude toward documentation

Extra Points

• Crypto/DeFi Savvy: Prior experience with automated market makers (AMMs), liquidity pools, or centralized crypto exchanges (CeFi).
• TradFi Experience: Experience building or maintaining traditional high-frequency trading systems or matching engines.
• Tooling: Familiarity with Jira, Confluence, GitHub, and Agile methodologies.
• Vision: A genuine passion for how blockchain technology is transforming traditional financial services.

Bullish is proud to be an equal opportunity employer. We are fast evolving and striving towards being a globally-diverse community. With integrity at our core, our success is driven by a talented team of individuals and the different perspectives they are encouraged to bring to work every day.