Working at AKUNA CAPITAL | Glassdoor

AKUNA CAPITAL Overview

Chicago, IL
51 to 200 employees
2011
Company - Private
Financial Analytics & Research
Unknown / Non-Applicable
Akuna Capital is a young and booming trading firm with a strong focus on cutting-edge technology, data driven decisions, and automation. Our core competency is providing liquidity as an options market-maker – meaning we provide competitive quotes that we are willing to ... Read more

Mission: The name Akuna derives from the Australian Aboriginal word meaning “flowing water,” a word that exists in no other language.

We have built our firm and values around the “Akuna” definition – beyond providing ... Read more

Company Updates

  • Akuna is looking for a motivated C# Developer who will play a key role in taking our proprietary market-making trading GUIs to the next level. The ideal candidate enjoys working with the latest .Net technologies and tools in a fast-paced and collaborative environment. Click below to apply to apply today!

  • Are you excited about bitcoin? So are we! Check out the Quartz article on why Akuna is at the forefront of cryptocurrency trading.

    This is the trading firm that could bring bitcoin into the mainstream

    To see how bitcoin is making the leap from the fringes to the forefront of finance, look to a firm called Akuna Capital. The trading shop could well be the first to buy and sell bitcoin derivatives in Chicago when they go live on Sunday (Dec. 10).

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AKUNA CAPITAL – Why Work For Us?


Our Founding Partners, Andrew Killion and Mitchell Skinner, first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Shanghai, Cambridge and soon Sydney. 

Akuna Capital is a proprietary trading firm specializing in derivatives market-making and sophisticated modeling with a commitment to cutting-edge technology. 

We are the leading options market-maker to successfully enter the industry in recent years with sustainable growth. By providing more liquidity to the markets through rapid innovation, we have the advantage of youth in remaining nimble and agile in an ever-changing competitive landscape. 

Akuna has no clients or external investors, we trade only with the company’s capital. We have dozens of employee-shareholders and this number continues to grow. 

We are really proud of what we have accomplished since inception, but even more excited for all that lies ahead of us. We are still building, accessing new markets, trading new products, and creating new strategies, giving you the opportunity to be involved in shaping the future of Akuna. Indeed, the great majority of Akuna’s growth profile is ahead of us.

Meet the Team: Development

Our Developers are motivated by challenging technical problems in the trading industry and endless opportunities for innovation. 

Working in the nano-second space of our custom low latency trading platform, we are finding creative ways to use the latest tech while building new tools and implementing advanced solutions that meet the needs of a competitive trading environment.

As a technology driven company our talented Developers advance beyond typical Software Engineers by working on a range of greenfield problems. We do not sell our software and our collaborative vetting and peer-review processes give us the ability to achieve daily software releases.

Meet the Team: Quantitative

Our team of Quants have sharp, creative minds ensuring we find the best solutions for a wide variety of problems in the complex and competitive world of financial markets. 

Our Quant Developers, Quant Researchers and Quant Traders are working across every aspect of Akuna’s system. Quants connect with both the Trading and Development Teams to innovate on data analysis, modeling, and strategies.

At Akuna our Quants work across 2 major areas; data analysis & infrastructure, and quant trading & research. 

From hypothesis to research and prototyping, Quants are given the opportunity to challenge themselves and learn from each other to expand Akuna’s reach into new forms of liquidity. 

DATA ANALYSIS & INFRASTRUCTURE

This team is responsible for finding insights that differentiate us from our competition – a difficult task that requires enthusiastic problem solving and a willingness to challenge our current way of thinking. They are our experts in combining Big Data and Machine Learning to identify new strategies while optimizing existing ones. 

QUANT TRADING & RESEARCH

Comprised of mathematicians, statisticians and technologists, this team creates trading strategies scientifically by combining quantitative expertise with a sophisticated understanding of derivatives and financial markets.

Meet The Team: Trading

Trading at Akuna means making hundreds of decisions a day. 

Our Trading Team is responsible for the firm’s trading and risk management decisions on a day to day basis. Traders manage risk by reacting to new information in news, weather, interest rates, politics, the economy and much more. 

Akuna Traders have a competitive drive and are motivated to succeed in the fast and challenging world of trading. They work across 2 major areas; options market-making and quantitative trading.

OPTIONS MARKET-MAKING TEAM 

Options Market-Makers are competitive, ambitious and bright. This team leverages our proprietary technology while implementing a variety of trading strategies and ideas to make an impact on the bottom line of the firm. Our Traders work together in teams and require strong communication and rapid mental math skills. 

QUANT TRADING TEAM 

The Trading Department has a specialized Quant Trading Team which works on the full spectrum of strategy development including hypothesis, analysis, back-testing, implementation and trading. Quant Traders are creative thinkers who improve our profitability by converting ideas into quantitative models and strategies using Python programming skills, advanced mathematics and statistical analysis.

We love our casual dress, generous vacation time, and being social. Our office culture is welcoming and supportive with a strong emphasis on collaboration and employee growth.

  • COLLABORATIVE, COMPETITIVE, AND FUN OFFICES: We are competing to be the best, and working together is the only way forward. We’ve designed fun, open offices to encourage collaboration in a relaxed setting.
  • AKUNA IS CAREER VS. LIFE SAVVY: We work hard, but we also work smart and efficiently. Giving us time to be social and enjoy life outside of the office allows us to recharge and re-focus because balanced employees benefit everyone! We encourage our team to live a healthy lifestyle through generous vacation time, nutritious breakfast and snacks provided daily, seminars on well-being, in-building gym and plenty of activities to get you up and moving.
  • SOCIAL EVENTS AT AKUNA: The Akuna team are a social bunch! We provide plenty of ways to meet other employees and get out of the office. We offer a range of clubs and monthly social activities including team sports, dinners, happy hours, book clubs, fitness classes, trivia nights and much more. Whether you’re brand new to the firm, or already call Akuna home, we’ll make sure you get out and have fun! 
  • INDIVIDUAL GROWTH AND OPPORTUNITY: We value employees who are competitively driven to grow their career, while simultaneously accelerating the firm forward. Akuna maintains a start-up mentality as we continue to build our firm. Everyone on our team plays a fundamental role in shaping our company and the markets we make while sharing in our successes. We believe in continuing education through learning experiences, industry conferences and courses. Our team can share their knowledge with each other through the Akuna U program.

AKUNA CAPITAL Reviews

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  • "Intense, Engaging, Competitive and Fun"

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    Former Employee - Trading Intern in Chicago, IL
    Former Employee - Trading Intern in Chicago, IL
    Recommends
    Positive Outlook

    I worked at AKUNA CAPITAL (Less than a year)

    Pros

    They put a lot of time in training you. They're all very intelligent and motivated. It's a laid back culture, so long as you perform. Regular 9-5 hours with great pay.

    Cons

    Management can feel cliqueish. blah blah word count

    Advice to Management

    Keep recruiting top talent.

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AKUNA CAPITAL Photos

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AKUNA CAPITAL Interviews

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Experience
41%
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  1. Featured Interview

    Helpful (5)  

    Summer Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 3 weeks. I interviewed at AKUNA CAPITAL in March 2016.

    Interview

    Four rounds. First hackerrank problem set, then invitation to a online video-based interview by answering questions, then phone screen, finally a live video site interview with two interviewers.
    The whole process was smooth and the recruiter was very kind and helpful.
    The interviewers gave me the impression of smart, talented and really performance oriented and impressed me a lot.

    Interview Questions

    • Conceptual questions on algorithms, data structures and operating systems. Then some problems on algorithms and data structures. Some probability math problems are also involved.   1 Answer
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