Floor Trader- SPX
Akuna Capital · Chicago, IL · 6 mo ago
On-siteFinance$145k/yrFull-time
About the role
Akuna Capital is an innovative trading firm focused on collaboration, cutting-edge technology, data-driven solutions, and automation. We specialize in providing liquidity as an options market-maker, designing and implementing our own low-latency technologies, trading strategies, and mathematical models.
Responsibilities
- Support Akuna's Equity Indices team in the SPX pit on the CBOE floor
- Making markets on options for brokers using proprietary pricing and execution software
- Removing liquidity on resting orders
- Identifying and executing trading opportunities that impact the team's P&L
- Working in a collaborative and comprehensive team environment
- Adapting to the trading style of experienced traders
Requirements
- 2+ years of experience market making options on the CBOE floor
- SPX pit experience in the last 18 months required
- Entrepreneurial self-starter with strong mathematical aptitude
- Effective and efficient communication skills
- Passion for problem-solving and finding creative solutions in a fast-paced environment
- Bachelor's or Master's degree in Finance, Economics, Business, Mathematics, or a related field
- The ability to react quickly and accurately to rapidly changing market conditions
Qualifications
- BS/MS in Finance, Economics, Business, Mathematics, or equivalent
Skills
- Technical proficiency in trading options
- Ability to work in a fast-paced, team environment
- Strong problem-solving and analytical skills
Benefits
- Comprehensive benefits package including employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits
- Discretionary performance bonus as part of the total compensation package
Pay
The minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set.
Schedule
Full-time position