Internship

Software Engineer Intern

C++, Summer 2025

Posted on 9/16/2024

Akuna Capital

Akuna Capital

501-1,000 employees

Derivatives market maker providing liquidity

No salary listed

Company Historically Provides H1B Sponsorship

Chicago, IL, USA

Category
Backend Engineering
Software Engineering
Required Skills
Python
Data Structures & Algorithms
Operating Systems
Pandas
NumPy
C/C++
Requirements
  • Pursuing a BS/MS/ PhD in Computer Science, Engineering, Math, Physics or related field
  • Experience programming in C++
  • Experience with several of the following -- distributed systems, networking, data structures & algorithms, and operating systems
  • Exposure to scripting and rudimentary data mining and regression analysis, ideally in Python with Pandas and Numpy
  • Strong analytic and problem-solving skills
  • Ability to communicate with the trading team, obtain requirements, find solutions and implement them in a clean and concise way
  • 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
  • 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 by August 2026 or prior
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT, or STEM
Responsibilities
  • work alongside our trading and software teams to design and implement elegant solutions to complex and interesting problems
  • use cutting-edge technology while working on high performance/low latency systems
  • make an impact in the firm
  • react quickly and accurately to rapidly changing market conditions
  • solve math and coding problems

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

  • Machine learning adoption enhances Akuna's predictive accuracy and execution speed.
  • DeFi platforms offer new opportunities for Akuna's derivatives trading expansion.
  • Quantum computing advancements could lead to more sophisticated Akuna trading algorithms.

What critics are saying

  • New entrants like Paradigm Electronics may impact Akuna's market share.
  • Fintech companies like Options AI could challenge Akuna with innovative trading platforms.
  • Fintech disruptors' expansion may affect Akuna's technological edge.

What makes Akuna Capital unique

  • Akuna Capital specializes in derivatives market-making with cutting-edge technology.
  • The firm provides liquidity without charging fees, earning through the bid-ask spread.
  • Akuna's collaborative environment enhances trading algorithms with developers, traders, and analysts.

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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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