Full-Time

Floor Trader-SPX

Akuna Capital

201-500 employees

Automated options market-maker using proprietary technology

Data & Analytics

Fintech

Quantitative Finance

Junior, Mid

Chicago, IL, USA

Required Skills

Communications

Requirements

2+ years of experience market making options on the CBOE floor
SPX pit experience in the last 18 months required
Entrepreneurial self-starter ready to work in a fast paced, team environment
Strong mathematical aptitude giving the ability to maximize trading opportunities in a high-pressure environment
Effective and efficient communication and superior interpersonal skills
Passion for problem-solving and finding creative solutions in an ever-changing market
BS/MS in Finance, Economics, Business, Mathematics, or equivalent

Responsibilities

Make markets on options for brokers using proprietary pricing and execution software
Identify and execute trading opportunities in the marketplace
Adapt to new role and learn systems and trading style from experienced traders

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai and London.

What you’ll do as an SPX Floor Trader at Akuna:

We are seeking a Floor Trader to join Akuna’s Equity Indices team in the SPX pit on the CBOE floor. The ideal candidate will be a highly motivated individual interested in supporting our team coverage and competing in the marketplace. Candidates must possess working relationships inside of and strong familiarity with the S&P500 complex of options.

As a part of Akuna’s SPX team, you will make markets on options for brokers using our proprietary pricing and execution software custom-designed for use on your trading tablet. Whether being first to make a market or removing liquidity on a resting order, the opportunities you identify and execute on in the marketplace will be immediately represented in the team’s P&L. You will be entrenched in a collaborative and comprehensive team environment where you will have the opportunity to learn our systems and trading style from some of our most experienced traders. Your previous experience will be expected to provide value from day one even as you adapt to your new role.

Qualities that make great candidates:

2+ years of experience market making options on the CBOE floor
SPX pit experience in the last 18 months required
Entrepreneurial self-starter ready to work in a fast paced, team environment
Strong mathematical aptitude giving the ability to maximize trading opportunities in a high-pressure environment
Effective and efficient communication and superior interpersonal skills
Passion for problem-solving and finding creative solutions in an ever-changing market
BS/MS in Finance, Economics, Business, Mathematics, or equivalent

Akuna Capital

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Website

View Company Profile

Akuna Capital stands out as a leading options market-maker, leveraging its proprietary low-latency technologies, trading strategies, and mathematical models to provide liquidity with competitive quotes. The firm's commitment to continuous growth is evident in its expansion into new markets and products, offering employees the unique opportunity to shape its future. With a strong culture of employee ownership and no external investors, Akuna Capital ensures a collaborative environment where decisions are data-driven and the focus is on sustainable growth.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Growth & Insights

Headcount

6 month growth

↓ -3%

1 year growth

↓ -7%

2 year growth

↓ -7%

Benefits

Generous Paid Leave Policies - Vacation leave starting at 20 days per year that increases based on tenure, flexible sick leave, primary carer’s leave starting at 12 weeks, and volunteer time off.

Medical & Retirement Packages - 100% coverage of monthly premiums for employees enrolled in Akuna’s BlueCross BlueShield offerings and dental and vision plans, as well as a 401(k) plan with company match.

Wellness & Inclusion - Our employees have access to complimentary fitness and mindfulness events both in-person and virtually, as well as an in-building gym in our Chicago office. Additionally, our employee-led Culture Committee works together to continue building a healthy, positive, and inclusive work environment.

Continuing Education - We are proud to offer firm-wide classes through our Akuna U program, access to webinars, digital books, and case studies via Safari, opportunities to attend conferences, and tuition reimbursements to make sure you keep learning!

Social Events - We host happy hours, team outings and poker nights, sponsor a variety of employee-led clubs and sports teams, and offer volunteer opportunities to all employees.

Kitchen & Games Room - Catch up over a coffee made to order by our in-house barista and grab a bite to eat in our stocked kitchen, or challenge a fellow coworker to a friendly ping pong match in our games room!

Referral Bonuses - We want to reward you for helping us grow our awesome, hard-working team.