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Internship

Software Engineer Intern

Data Engineering, Summer 2025

Posted on 7/15/2024

Akuna Capital

Akuna Capital

201-500 employees

Derivatives market making and liquidity provision

Data & Analytics
Fintech
Quantitative Finance
Financial Services

Chicago, IL, USA

Category
Backend Engineering
Software Engineering
Required Skills
Kubernetes
Python
Apache Flink
Apache Spark
Apache Kafka
Docker
AWS
Scala
Requirements
  • Pursuing a Bachelors, Masters or PhD in technical field – Computer Science/Engineering, Math, Physics or equivalent
  • Graduating by August 2026
  • GPA of 3.5 or above
  • Strong knowledge of computer science fundamentals
  • Clear understanding of both object oriented and functional programming paradigms
  • Ability to learn about technical systems and concepts quickly
  • Familiarity with Docker, Kubernetes, Kafka, Flink/Spark/Kafka-Streams, and/or AWS Cloud technologies is a plus
  • Ability to communicate complex technical topics in a clear and concise ways
  • Passionate, pragmatic problem solver able to independently pursue solutions to complex problems
  • Understanding of the core concepts of distributing computing, database design, and data storage
  • 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 closely with Engineers, Quants, Traders and Support personnel to create and maintain datasets that play a key role in our business
  • Design and build Scala/Python applications that provide performant access to our data
  • Monitor and validate our data pipelines by building monitoring and analysis tools
  • Gain exposure to the financial markets and trading through the development and use of our datasets
  • Evaluate and select open source or proprietary tools required to meet our data requirements
  • Design and develop tooling that enables users to answer key research questions and solve data problems
  • Collaborate with many teams on data intensive projects such as gathering requirements from stakeholders for a new tool or platform, advising and assisting users in integrating existing tooling and patterns into their applications or research, or consulting with a trader or researcher to help them build a new dataset or pipeline

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 their technology and a collaborative environment that allows them to adapt quickly to market changes and improve trading strategies.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Akuna Capital's technology-driven approach ensures continuous improvement and adaptation to market changes, providing a dynamic and innovative work environment.
  • The company's involvement in various funding rounds, such as for Options AI and Caden, indicates strong financial health and a commitment to supporting innovative ventures.
  • Working at Akuna Capital offers exposure to high-frequency trading and cutting-edge financial technologies, which can be highly rewarding and intellectually stimulating.

What critics are saying

  • The highly competitive nature of the financial markets means that Akuna Capital must constantly innovate to maintain its edge.
  • Reliance on technology and algorithms means that any significant technical failure or cyber-attack could have severe consequences.

What makes Akuna Capital unique

  • Akuna Capital's focus on derivatives market making sets it apart from other financial firms that may offer a broader range of services.
  • Their revenue model based on the bid-ask spread, rather than fees or commissions, provides a unique value proposition to institutional clients.
  • The company's success is heavily reliant on its advanced technology and sophisticated algorithms, developed through a collaborative environment of developers, traders, and quantitative analysts.

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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