Full-Time

Software Engineer

Entry-Level, C++

Posted on 7/19/2023

Akuna Capital

Akuna Capital

501-1,000 employees

Derivatives market maker providing liquidity

No salary listed

Entry, Junior, Mid

Company Historically Provides H1B Sponsorship

Chicago, IL, USA

Akuna Capital operates from offices in Sydney, Shanghai, London, and Chicago. This role may require working in one of these locations, and legal authorization to work in the U.S. is required on the first day of employment.

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Python
Data Structures & Algorithms
Operating Systems
Pandas
NumPy
Requirements
  • BS/MS/PhD in Computer Science, Engineering, Math, Physics or related field completed upon employment
  • Experience programming in C++
  • Experience with several of the following -- distributed systems, networking, data structures & algorithms, and operating systems
  • Strong analytic and problem-solving skills
  • Exposure to scripting and rudimentary data mining and regression analysis, ideally in Python with Pandas and Numpy
  • Ability to communicate with the trading team, obtain requirements, find solutions and implement them in a clean and concise way
  • Passion for innovation and building systems from the ground up
  • Ability to adapt to an ever-changing environment
  • Self-starter attitude with the ability to work independently
  • Strong sense of ownership
  • Must be graduating August 2024 or prior
  • Major GPA of 3.0 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using OPT or STEM
  • Resumes must be submitted in PDF format
Responsibilities
  • Software Engineers at Akuna have the opportunity to use cutting-edge technology while working on high performance/low latency systems. We offer a team-based approach to trading and software engineering, believing that productive integration of the two groups is vital for success in this industry. Akuna loves Software Engineers who are self-starters and have the ability to problem solve and think outside of the box. We value innovation and hard work, and want you to make an impact in the firm. Whether you are interested in trading infrastructure, algorithms, exchange gateways, performance engineering, hardware or data capture and analysis, there's work to be done. If you are excited to jump in and make a difference, Akuna could be the place for you
  • The C++ teams work on applications where C++ is used for computational heavy-lifting and for applications that have critical, low-latency processes such as trading strategies. C++ provides the flexibility and low-level control that our Software Engineers need to get maximum performance out of multi-core, super-scalar processors. No previous experience in finance or trading is required. Training and continuous education is provided for all Engineers to ensure they have the skills and knowledge needed to be successful

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 trading solutions.

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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