AKUNA CAPITAL Reviews

Updated Jan 12, 2021

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3.3
55%
Recommend to a Friend
43%
Approve of CEO
Pros
  • "Competitive salary, fast paced environment, smart people(in 14 reviews)

  • "Fast-paced environment and competitive remuneration(in 8 reviews)

Cons
  • "Differences in pay between traders who do same work(in 9 reviews)

  • "Long hours and no benefit nor compensation for people who decide to work more(in 7 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. "Was a good job"

    5.0
    Former Employee - Software Engineer 

    I worked at AKUNA CAPITAL full-time

    Pros

    Good pay, also good team

    Cons

    Nothing off the top of my head

  2. "Stay Away"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Negative Outlook
    Disapproves of CEO

    I worked at AKUNA CAPITAL

    Pros

    Nice office with beautiful lake views Decent place to have on resume

    Cons

    Toxic people in tech leadership who do not care about your well being and have very little respect for you. Lots of pressure from upper management and unrealistic deadlines. A bunch of people left the firm in 2020. Trust me there a much better trading firms to work at.


  3. Helpful (1)

    "Great company."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer 
    Recommends
    Positive Outlook

    I have been working at AKUNA CAPITAL full-time

    Pros

    Good environment, ok work life balance.

    Cons

    It is hard to get promotion.

  4. Helpful (5)

    "mediocre traders, quants, devs; management hogging bonuses"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trader in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    I worked at AKUNA CAPITAL full-time for more than 5 years

    Pros

    Akuna has very good office space (free snacks, food, drinks) and good recreational areas (e.g. ping pong). This got even better after the move to the new office space. This is is a good PR stunt to entice new hires to join.

    Cons

    Lots and lots of politics to advance in this firm! Technology is slow and bad (years behind competitors). Many traders are ex-traders/rejects from other firms like Optiver. Good traders will usually go elsewhere that pays more and offers better opportunities. Lots of adverse selection! Bonus pool went down from 40% to 35% to 30% over several years. Lots of people left as a result.

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  5. Helpful (2)

    "Don't work here"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Administrative in Chicago, IL
    Doesn't Recommend
    Neutral Outlook

    I worked at AKUNA CAPITAL full-time

    Pros

    Good pay and benefits Ability to work on interesting projects

    Cons

    Management rules the place like narcissistic tyrants

  6. Helpful (23)

    "Poor transparency, keep your guard up"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Developer 
    Doesn't Recommend
    Negative Outlook

    I worked at AKUNA CAPITAL full-time

    Pros

    Great snack selection, nice office, friendly teammates, managers whom care about your progress. Decent WLB. Could well feel like a 5-star experience as long as you don't rock the boat or ask too many questions. Management frame firings in a merciful way, so you could be gleefully unaware of office politics.

    Cons

    Insidious office politics. You hear about people getting called into an office, leave, and never come back. They are given no indication where or even if they need to improve; HR comes up with an excuse. Management responds poorly to unpleasant feedback -- they send mixed messages, some of which are false, then it becomes clear you are disposable. I don't know if turnover rate is higher than other places, but it sure isn't done in a compassionate or caring way. I can empathize that they are under a lot of pressure because the firm's competitiveness has been slipping and they can't afford to be anything but ruthless, but burning bridges like that should not be normal. I'm still in contact with people there, and it seems to have gotten worse in 2020. To potential and current employees: be very, very cautious and keep your guard up. Think twice about joining if ethics or security are a priority. Have an exit strategy but act otherwise, because management is under a lot of pressure and you don't want that pressure directed towards you. Keep any concerns not directly related to your work responsibilities to yourself.

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  7. Helpful (15)

    "Like the Whitehouse"

    1.0
    Current Employee - Software Developer 
    Doesn't Recommend
    Neutral Outlook

    I have been working at AKUNA CAPITAL full-time for more than 8 years

    Pros

    Good place to learn the industry, fast-paced, some nice people.

    Cons

    The parallels are striking with the WH (the current occupants!): - Entirely transactional relationships at the top - Pervasive nepotism (see other comments on this, there are many) - Sycophants surround the senior management, basically an echo chamber where its impossible to break through the accepted wisdom - Negative feedback is ignored, or actively punished - No empathy - High turnover at all levels Not exclusive to this firm but there is a huge pay disparity between the do-ers and the management/founders. Its understood that they were there first and its 'their money' but that's not how you build loyalty and it's not a long term strategy. If you're willing to live with all of this, and even embrace it I'm sure you'll do well, but at what cost? Be wary of the reviews that obviously are sanctioned from within, often it seems in response to a negative one. Just ask yourself this, which is more likely to be fabricated - the 5 star glowing review or the 1 or 2 star critical review?

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  8. "good"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trader in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at AKUNA CAPITAL full-time for more than a year

    Pros

    very good salary and friends

    Cons

    i dont like the culture tbh

    Continue reading
  9. "Great Place to Work!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous 
    Recommends
    Positive Outlook

    I have been working at AKUNA CAPITAL full-time

    Pros

    Akuna is a place that pushes you to be at your best! The people are incredibly smart and hard-working, the culture is collaborative and senior leadership really cares about what's on your mind.

    Cons

    If you are not accustomed to working in an agile fast-paced environment, this may not be the place for you.

  10. "High growth, high pressure"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trader in Chicago, IL
    Positive Outlook

    I have been working at AKUNA CAPITAL full-time for more than a year

    Pros

    Great learning opportunities, fast growth Good compensation Good culture within teams

    Cons

    Poor WLB (not unusual for this industry, but recruiters pitched the opposite)

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