Irage Capital- FPGA Lead

• Company- iRage Capital - (
• <https://irage.in/>

)

Role Type- Full-time

Location- Mumbai

Position Name -

FPGA Lead

About Us

• iRage is one of India's leading high-frequency trading firms. We build and own everything
• in-house, from ultra-low-latency execution to our entire trading infrastructure. Our systems
• deliver some of the lowest latencies in the market, with order-send speeds under 100
• nanoseconds - but the harder problem we've solved is keeping that latency low at scale. We
• run thousands of independent portfolios in parallel, carrying overnight positions across
• thousands of instruments, with tooling that coordinates state and information across
• hundreds of servers spanning multiple data centres in real time.
• The stack is ours end to end: custom FPGA pipelines - including PHY and MAC layers we built
• on hardware firmware in-house - and a C++ codebase we control from market-data
• ingestion through order entry and risk. We run experiments over days just to shave off a
• single clock cycle.
• But great technology alone doesn't move markets. Our quant and tech teams work side by
• side, and the results speak for themselves: millions of trades a day. To put that in perspective,
• we handle the equivalent of several Big Billion Days in a single day, every day, at lightning
• speed. iRage is where deep technical expertise meets real market impact, in one of the
• world's fastest-growing trading ecosystems.
• Role Summary - FPGA Lead
• As the FPGA Lead you'll own the greenfield implementation: architecting and building the RTL
• that moves market data and orders in nanoseconds, setting the design and verification
• standards the team will work to, and deciding where to lean on existing IP versus building
• from scratch. This is a hands-on role where design choices translate directly into trading
• edge.
• What you'll do
• ● Own the FPGA architecture for latency-critical trading paths (market data ingest, order
• entry, host interface).
• ● Write and optimize production RTL, then drive it to timing closure on the latest
• AMD/Xilinx devices.
• ● Set RTL, verification, and resource-management standards for a growing FPGA team.
• ● Make build-vs-buy decisions on IP, and integrate or replace existing cores as needed.
• ● Work directly with trading, quant, and infra teams to turn latency requirements into
• hardware.
• Must have
• ● 7+ years in FPGA development, with deep hands-on RTL in Verilog/SystemVerilog.
• ● Demonstrated ownership of shipped designs (written from scratch, not just
• maintained) in at least two of: network packet processing (PCS, MAC, UDP, TCP/IP),
• high-speed Ethernet, PCI Express, memory interfaces.
• ● Proven timing closure on complex designs, plus strong resource management and
• latency optimization.
• ● Fluency with simulation and toolchains: Vivado, Vitis, ModelSim/Questa or Xilinx
• simulator.
• ● Solid modern C and Python for tooling, host-side integration, and automation.
• Nice to have
• ● Experience on current-gen Xilinx architectures (UltraScale+, Versal).
• ● Cryptographic cores / accelerators.
• ● Low-latency networking or trading-systems background.

Here’s what we offer

● Compensation – (

Open

Budget

• )competitive package, plus a meaningful performance bonus
• ● Generous paid time off – Recharge & come back sharper.
• ● Work with the best – Collaborate with top-tier global talent.
• ● Adventure together – Annual offsites (international & domestic) plus regular team
• outings.
• ● Performance rewards – Attractive bonuses for those who go above & beyond.
• ● Health covered – Comprehensive insurance so you’re always protected.
• ● Fun, not just work – On-site sports, games, & a lively workspace.
• ● Learn & lead – Regular knowledge-sharing sessions led by your peers.
• ● Annual Education Allowance – Take any external course, or certification that makes
• you better at your craft.
• ● Stay fit – Gym memberships with equal employer contribution to keep you at your
• best.
• ● Relocation support – Smooth move? We’ve got your back.
• ● Friendly competition – Work challenges & extracurricular contests to keep things exciting