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Akuna Capital

Makes markets in options with its own capital

Experienced Options Trader

Quantitative Trading / Algorithm DevelopmentConfirmed live in the last 24 hours
Full-timeChicago, IL, USAIn-person

About the Job

Requirements

  • Two or more years of market making experience with responsibility for profit and loss and risk.
  • Bachelor’s Degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science, or a related field.
  • Strong mathematical aptitude, numerical, and quantitative analysis skills.
  • Entrepreneurial self-starter capable of working in a fast-paced, team environment.
  • Passionate about problem-solving and finding creative solutions in an ever changing market.
  • The ability to communicate effectively and efficiently while fostering external professional relationships.
  • Detail-oriented.
  • The ability to react quickly and accurately to rapidly changing market conditions, including solving math and coding problems.

Responsibilities

  • Profitably manage a derivatives portfolio and be responsible for dynamically managing risk to ensure portfolio is under prescribed risk limits.
  • Work with our technology and quant teams to ensure existing algorithms are functioning properly.
  • Analyze data to optimize parameters.
  • Introduce improvements to our algorithms to best provide liquidity.

About the Company

Akuna Capital

Makes markets in options with its own capital

Akuna Capital makes markets in options and futures with its own money, and it builds its trading software, pricing models, and strategies in-house. Its traders cover products from stock indexes and interest rates to commodities and cryptocurrencies, and besides its automated systems it keeps floor traders in Cboe's S&P 500 options pit. As a market maker, Akuna constantly quotes prices at which it will buy and sell, so other traders always find someone to trade with, and it profits from the small gap between those prices while hedging its risk. Australian traders first planned the firm in Sydney and opened its Chicago headquarters, in the center of US options trading, in 2011; its name is an Aboriginal word for flowing water.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2011

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