Internship
Akuna Capital
501-1,000 employees
Derivatives market maker providing liquidity
No salary listed
Company Historically Provides H1B Sponsorship
Chicago, IL, USA
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- Pursuing a Bachelors, Masters, or Ph.D. in technical field – Computer Science/Engineering, Math, Physics, or equivalent
- Must graduate by August 2026
- Major 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 OPT or STEM
- Strong programming skills in Object Oriented Python Development
- Demonstrated experience with distributed systems
- 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
- Create an easily understood and testable codebase that can change as quickly as market conditions require
- 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
- Work alongside our trading and software team to design and implement elegant solutions to complex and interesting problems
- Use cutting-edge technology while working on high performance/low latency systems
- Integrate trading and software engineering for success in the industry
- Jump in and make a difference in various areas such as trading infrastructure, algorithms, exchange gateways, performance engineering, hardware, data capture and analysis or front-end user interfaces
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 approach 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'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.
Company News
Caden is reinventing personal data gathering, measurement, and addressability via an ethically built platform that puts consumers first by compensating them for their data and empowering them to control itNext-generation personal data company Caden has raised an oversubscribed $6 million seed round led by Streamlined Ventures bringing total funds raised to $9.4 million. Existing investors, including Yahoo! co-founder Jerry Yang’s AME Cloud Ventures and 1707 Capital, were joined by new investors Industry Ventures, Montage Ventures, Akuna Capital, and Lightning Capital, among others.Caden is the latest venture of successful entrepreneur John Roa, who sold his previous startup to Salesforce Inc. in 2015. The proceeds of this round will be used to launch the Caden platform and further build out the team in New York City.For consumers, Caden empowers everyone to finally take control of their personal data and make money from it. The Caden mobile app allows users to pull in data on what movies they watch, where they travel, what they buy, etc., and see fun and insightful analytics on their consumer profiles. They can then opt-in to monetizing their data in a variety of ways, creating a passive income stream that never treads on their privacy.Marketing Technology News: Lasso Announces a Significant Step Forward in Healthcare Marketing MeasurementFor businesses, Caden is an “ethically-sourced” first-party data provider, bringing the most accurate, robust, and actionable data streams to the open market via Caden’s proprietary Knowledge Graph platform
Nguyen Coffee Supply committed to creating diverse, inclusive and sustainable coffee culture.
Sweater, which bills itself as a FinTech company and venture capital fund open to average investors, closed a $12 million funding round.
Paradigm, the messaging platform for institutional digital asset traders, has raised $35M in Series A funding from investors that include GSR Ventures, Digital Currency Group, Jump Capital, CMT Digital Ventures, Dragonfly Capital Partners, Vectr, Avon Ventures, QCP Capital, mgnr.io, Alameda Ventures, Akuna Capital, Mirana Ventures, Nexo, Genesis, Optiver, BitDAO, Babel Finance, and IMC Financial Markets.
Options AI, a NYC-based brokerage platform putting option spreads in the toolkit of retail investors, closed a $4.1m seed funding round