Crypto Options Trader (Chicago/Sydney)

Posted:
9/9/2024, 3:32:27 PM

Location(s):
New South Wales, Australia ⋅ Sydney, New South Wales, Australia

Experience Level(s):
Junior

Field(s):
Finance & Banking

Pay:
$96/hr or $199,680 total comp

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, and London.

What you’ll do as an Options Trader on Crypto team at Akuna:

We are seeking experienced Options Traders to join our Crypto team at Akuna Capital. The ideal candidate will be a motivated individual with a desire to make an immediate impact at a growing firm. Akuna gives all new Traders the opportunity to learn from the most successful members of our trading team and apply their previously gained knowledge and experience quickly. 

As an experienced Trader at Akuna, you will leverage your previous market making experience with our proprietary technology to quickly add value to our growing market making business. In this role, you will:

  • Profitably manage a derivatives portfolio and be responsible for dynamically managing risk to ensure portfolio is under prescribed risk limits 
  • Work with our technology and quant teams to ensure existing algorithms are functioning properly 
  • Analyze data to optimize parameters 
  • Introduce improvements to our algorithms to best provide liquidity 

Qualities that make great candidates:

  • 2+ years of market making experience (responsibility for PnL and risk)
  • Bachelor’s Degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science or a related/equivalent field
  • Strong math aptitude, numerical and quantitative analysis skills
  • Programming and automation experience strongly preferred
  • Entrepreneurial self-starter who thrives in a fast paced, team environment
  • Passionate about problem-solving and finding creative solutions in an ever changing market
  • The ability to communicate effectively and efficiently while fostering external professional relationships
  • Detail oriented