Broker Trader at Akuna Capital

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Apr, 26

Salary

130000.0

Posted On

03 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Options Market Making, Mathematical Aptitude, Communication Skills, Interpersonal Skills, Problem-Solving, VBA, Python, Business Relationships, Trading Strategies, Low Latency Technologies, Collaboration, Team Environment, Market Analysis, High-Pressure Environment, Creative Solutions, Adaptability

Industry

Capital Markets

Description

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. What you’ll do as a Broker Trader at Akuna: We are seeking an experienced Broker Trader to join our growing team at Akuna Capital. The ideal candidate will be a highly motivated individual interested in supporting our team expand coverage and compete in the marketplace. Candidates must possess working relationships inside of and strong familiarity with the options space. As a part of Akuna’s team, you will make markets on options for brokers and banks through chat and voice platforms. Whether making a ‘first show’ market for an inter-dealer broker or executing against an order on the trading floor, the opportunities you identify in the marketplace will be immediately represented in the team’s P&L. You will be entrenched in a collaborative and comprehensive team environment where you will have the opportunity to learn our systems and trading style from some of our most experienced traders. Your previous experience will be expected to provide value from day one even as you adapt to your new role. Qualities that make great candidates: 2+ years of options market making experience Entrepreneurial self-starter ready to work in a fast paced, team environment Strong mathematical aptitude giving the ability to maximize trading opportunities in a high-pressure environment Effective and efficient communication and superior interpersonal skills Capable of developing and maintaining strong working business relationships Ability to work alongside and communicate with screen traders Passion for problem-solving and finding creative solutions in an ever-changing market VBA or Python programming skills are a plus, but not required Existing business relationships with inter-dealer, floor or direct counterparty brokers and paper flow 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 In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us! In accordance with Illinois Equal Pay Act, the minimum base salary starts at $130,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

Responsibilities

As a Broker Trader, you will make markets on options for brokers and banks through chat and voice platforms. You will identify opportunities in the marketplace that will be represented in the team’s P&L.