Full-Time

Performance Engineer

Posted on 8/17/2023

Akuna Capital

Akuna Capital

501-1,000 employees

Derivatives market maker providing liquidity

Compensation Overview

$130k/yr

+ Performance Bonus

Mid, Senior

Company Historically Provides H1B Sponsorship

Chicago, IL, USA

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
Operating Systems
C/C++
Data Analysis
Requirements
  • BS/MS/PhD in technical field - Computer Science, Math, Physics, Engineering
  • Strong C++ or Python programming background with demonstrated experience developing performant, scalable applications
  • Experience analyzing and tuning operating systems, compilers, networking, IO subsystems, or accelerators
  • Exposure to statistical and experimental methods and tools for testing performance
  • Highly collaborative in nature - excellent written and verbal communication skills
  • Ability to work on cross-functional teams including Trading, Development, IT, and Quant
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role.
Responsibilities
  • Contribute to the design and implementation of our trading engine by increasing its performance with projects such as benchmarking systems, evaluating new devices, latency, and throughput analysis
  • Develop tools and applications for benchmarking new devices and software
  • Assist with performance troubleshooting and identify key opportunities for improvement
  • Use a data driven approach to collaborate with relevant Trading, Quant, and Technology teams to expand and improve our systems, footprint, and latency across different strategies and exchanges
  • Review and analyze how we leverage our proprietary systems, identifying potential bottlenecks and considering how we can improve our technology stack to better our trading success.

Akuna Capital specializes in derivatives market making, providing liquidity in global financial markets. They enable quick buying and selling of assets without significantly affecting their prices. This is achieved through advanced technology and algorithms developed by a skilled team of developers, traders, and quantitative analysts. Akuna primarily serves institutional clients like banks and hedge funds, offering efficient trading services without charging fees or commissions. Instead, they profit from the bid-ask spread, which is the difference between the buying and selling prices of assets. Their collaborative environment allows for rapid adaptation to market changes and continuous improvement of trading strategies. The goal of Akuna Capital is to maintain a strong presence in the competitive financial markets by leveraging technology and expertise to provide reliable liquidity.

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Investment in Options AI indicates growth in democratized trading tools for retail investors.
  • Akuna's involvement in Caden highlights focus on ethical data sourcing and client trust.
  • Fintech expansion, like Till Payments, offers opportunities for leveraging financial technology solutions.

What critics are saying

  • Increased competition from firms with similar technology could erode Akuna's market share.
  • Decentralized finance platforms challenge traditional market makers, reducing demand for Akuna's services.
  • Regulatory scrutiny on high-frequency trading may increase compliance costs for Akuna Capital.

What makes Akuna Capital unique

  • Akuna Capital excels in derivatives market-making with cutting-edge technology and sophisticated algorithms.
  • The firm provides liquidity without fees, earning through bid-ask spreads in global markets.
  • Akuna's collaborative environment enhances rapid adaptation to market changes and strategy improvements.

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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.

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