Lead the migration and replacement of the PrimeXM XCore system with a next-generation pricing and execution engine. Define product strategy, routing rules, and resilience protocols while ensuring low-latency performance and platform integration.
This is a remote position.
Shuru is a self-managed technology team specializing in accelerating visions through product, technology, and AI leadership. With a focus on bespoke execution, we deliver impactful solutions that are scalable and designed for success. At Shuru, we deliver mobile solutions that meet and exceed customer expectations. Our collaborative and fast-paced environment encourages creativity and innovation.
We are seeking a Product Manager to lead the replacement of PrimeXM XCore with a next-generation pricing and execution engine
The role will focus on liquidity aggregation, price formation, order routing, execution quality, low-latency connectivity, and platform integrations. Broader risk-management capabilities are outside the scope of this position.
Key Responsibilities
- Define the product strategy, roadmap, and requirements for the pricing and execution engine.
- Lead the migration from PrimeXM XCore, including testing, parallel runs, and production rollout.
- Build configurable price aggregation and formation across multiple liquidity providers.
- Define per-symbol and per-client-group routing rules, including A-book, B-book, and C-book flow segmentation.
- Own markup, spread, order-flow, and bridge-level exposure controls.
- Monitor execution quality through latency, slippage, fill rates, rejection rates, and liquidity-provider performance.
- Define resilience and failover behaviour for LP disconnects, stale pricing, FIX session failures, and data-centre outages.
- Ensure low-latency infrastructure in LD4 and NY4 at minimum.
- Support MT4 and MT5 while developing clean FIX and REST APIs for native integration with Stratos and future platforms.
- Work closely with engineering, dealing, operations, infrastructure, and liquidity-provider teams.
Requirements
Required Experience
- Product-management experience in FX, CFDs, electronic trading, brokerage infrastructure, or capital-markets technology.
- Strong knowledge of liquidity aggregation, price formation, execution routing, slippage, partial fills, and rejection handling.
- Experience with PrimeXM, oneZero, FXCubic, Centroid, or similar platforms.
- Familiarity with MT4/MT5 bridge architecture and FIX connectivity.
- Experience defining requirements for low-latency, high-availability trading systems.
- Strong ability to translate business and dealing requirements into clear technical specifications.
Success Measures
- Successful replacement of PrimeXM XCore without material trading disruption.
- Greater internal control over pricing, routing, and client-flow configuration.
- Improved latency, fill rates, execution transparency, and system resilience.
- Reduced dependency on vendor support for configuration changes.
- Reliable MT4/MT5 support and successful native integration with Stratos through API-first architecture
Benefits
- Competitive salary and benefits package.
- Work with experienced product and engineering leaders.
- Opportunities for learning, mentorship, and career growth.
- A chance to make a real impact across diverse, innovative projects.