Full-Time
Quantitative Researcher
Confirmed live in the last 24 hours
Akuna Capital
501-1,000 employees
Derivatives market maker providing liquidity
Compensation Overview
$130kAnnually
Mid, Senior
Chicago, IL, USA
- BS/MS/PHD degree
- Substantial ability in programming languages (C++, Python, Rust, Haskell)
- 3+ years of experience trading futures and/or equities at a proprietary trading firm
- Experience working with large datasets, especially tick-based time series data
- Strong statistical skills
- 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
- Gain deep knowledge of numerous worldwide exchanges, including their features, connectivity, and messaging
- Analyze and model market and competitor behavior and market impact
- Help identify, design, backtest, and optimize low latency strategies using big data
- Build metrics to evaluate strategy execution and perform post trade analysis
- Work with traders and developers to identify and incorporate new signals into our trading strategies
- Identify and implement infrastructure improvements to minimize overall latency and maximize performance
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. The company uses advanced technology and sophisticated algorithms developed by a team of developers, traders, and quantitative analysts to achieve this. 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 success relies on a collaborative environment where technology and trading strategies are continuously refined to adapt to market changes.
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2011
Simplify's Take
What believers are saying
- Investment in Options AI indicates growth in retail trading tools market.
- Caden's open data platform could enhance Akuna's data analytics capabilities.
- Fintech expansion, like Till Payments, offers partnership opportunities for Akuna.
What critics are saying
- Increased competition from new entrants in derivatives market-making.
- Potential strategic misalignment with investments in diverse startups like Caden.
- Focus on retail trading tools may divert attention from institutional clients.
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, profiting from the bid-ask spread.
- Akuna's collaborative environment enhances rapid adaptation to market changes.
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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.