Director - Market Data

About the Role

Cboe Global Markets is seeking a Director, Market Data to lead the next phase of growth for our global market data business. This senior, highly visible role offers ownership and direct influence over a substantial portion of our global Market Data portfolio. You will shape policy, product strategy, and go-to-market approaches to drive market data revenue worldwide, partnering closely with Sales, Product, Legal, Compliance, and Technology teams. You will also represent Cboe with exchanges, vendors, independent software vendors (ISVs), and other industry partners. The role may be leveled as Director or Senior Director based on experience.

Responsibilities

• Product & Program Management
  • Direct responsibility for the Options and Futures classes for market data, serving as the go-to authority—internally and externally—on data content, use cases, and competitive positioning.
  • Collaborate across the global market data portfolio to shape market data policy and product strategy, partnering with Legal, Compliance, and Product to evolve licensing frameworks, fee schedules, and new data offerings as market structure evolves.
  • Guide sales enablement for market data, equipping sales and account management teams with tools, training, and positioning to accelerate global data revenue.
  • Lead strategic program management for the U.S. market data business, serving as the primary U.S. point of contact for critical, cross-functional initiatives.
• Channel & Vendor Growth
  • Grow Cboe’s channel and vendor ecosystem in coordination with market data leadership and broader teams.
  • Oversee key strategic partnerships, including relationships within the Cboe Global Index Feed portfolio.
  • Manage and actively grow Cboe’s data vendor portfolio by developing deep relationships with partners, serving as their key technical touchpoint, and overseeing programs to make Cboe the most vendor-friendly exchange globally.
  • Create and oversee programs to grow relationships with key ISV partners, supporting new client acquisition and driving revenue across transaction services and market data.
• Other
  • Analyze competitor fee structures and benchmark product pricing to ensure competitive positioning and identify opportunities.
  • Review and assist in drafting commercial contracts, policies, and legal filings in coordination with the legal team.

Qualifications

• 10+ years of experience in market data, financial markets, or data licensing, with strong knowledge of listed options and/or futures market structure.
• Track record of shaping data policy, pricing, and product strategy at an exchange, data vendor, or financial information provider.
• Experience enabling and supporting a sales team to grow a data, subscription, or licensing business.
• Experience leading complex, cross-functional programs from strategy through execution.
• Strong relationship-management skills, with experience managing vendor, ISV, or distribution partnerships.
• Excellent written and verbal communication skills, with the ability to translate complex data policy and licensing concepts for internal and external audiences.
• Bachelor’s degree in business, finance, economics, or a related field required; advanced degree a plus.
• This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without employer sponsorship now or in the future.

Pay

The anticipated base salary range for this role is $196,350–$288,750 (applicable for U.S. locations only). This role may also be eligible for annual incentive compensation and participation in Cboe's long-term equity programs. Additional details about Cboe’s total rewards program, including benefits and other compensation components, can be found at Total Rewards at CBOE.