Full-Time

Junior Pit Trader

2024

Posted on 12/2/2023

Akuna Capital

Akuna Capital

201-500 employees

Provides liquidity as options market maker

Quantitative Finance
Data & Analytics
Fintech

Junior

Chicago, IL, USA

Required Skills
Communications
Requirements
  • BS degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science or related field
  • Available to start in August 2024
  • Strong critical thinking, problem-solving, and quantitative analysis skills
  • Effective communication and relationship-building skills
  • Entrepreneurial self-starter with a fast-paced and competitive mindset
  • Desire to learn about financial markets and economic theories
  • Collegiate team sports experience preferred
  • Major GPA of 3.0 or above
  • Legal authorization to work in the U.S. is required on the first day of employment
Responsibilities
  • Competitively marking markets in CBOE's trading pits
  • Building and maintaining relationships with market participants
  • Maximizing revenue generation and information gathering
  • Independently analyzing and acting upon trading opportunities
  • Researching counterparty trends and positional exposure
  • Analyzing counterparty trade quality
  • Updating pricing and parameters based on trading flow
  • Making recommendations on positional management

Akuna Capital is an appealing place to work due to its specialized role in providing liquidity as an options market maker, using advanced low-latency technologies, trading strategies, and mathematical models. It consistently ensures competitive quotes in fast-moving markets, positioning itself as a leader in technological advancements and strategic financial operations. With a focus on continuous innovation in trade technology, this firm offers an environment conducive to growth and learning in finance and technology sectors.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-13%

2 year growth

-2%

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.

INACTIVE