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Quantitative Research Intern, Summer 2024

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Akuna Capital

Oct 5, 2023

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Research & Development
    Data
  • Chicago

Requirements

  • Pursuing a Bachelor’s, Masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python or C++
  • Financial experience is not a requirement
  • Must graduate by August 2025
  • 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

  • We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio. In this role you will:
  • Develop trading strategies using statistical and machine learning algorithms
  • Design and implement optimization algorithms for portfolio construction
  • Develop quantitative models describing market behavior
  • Advance existing initiatives and explore opportunities for new research topics

The New Wave in Tech and Trading

Finance
Industry
201-500
Employees
2011
Founded Year

Mission & Purpose

Akuna Capital is an innovative 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 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 Boston. 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.