Junior Pit Trader

Join Akuna Capital as a Junior Pit Trader in Chicago. Ideal for math-savvy individuals eager to learn market-making in a competitive trading environment.

About Akuna: Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies and mathematical models. Our Founding Partners 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 Sydney, Shanghai, London and Singapore.

• •Help represent Akuna in this externally facing role by competitively marking markets in CBOE's bustling trading pits.
• •Build and maintain relationships with market participants to maximize revenue generation and information gathering.
• •Independently analyze and vociferously act upon trading opportunities.
• •Research counterparty trends and positional exposure.
• •Analyze counterparty trade quality.
• •Update Akuna’s pricing and parameters to reflect relevant trading flow.
• •Make recommendations to the team surrounding Akuna’s positional management in a physically demanding work environment.

• •Minimum base salary starts at $145,000.
• •Discretionary performance bonus as part of the total compensation package.
• •Comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits.

• •BS/MS/PhD degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science or a related/equivalent field must be completed upon employment.
• •Strong critical thinking, problem solving, and quantitative analysis skills.
• •The ability to communicate effectively and efficiently while fostering external professional relationships.
• •The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math problems are essential functions of the role.
• •Entrepreneurial self-starter ready to work in a fast paced and competitive team environment.
• •Desire to learn about financial markets and economic theories.
• •Collegiate team sports experience preferred.
• •Major GPA of 3.0 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.