Quantitative Researcher

Sydney, NSW

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. At Akuna we have a flat structure, where the best idea wins.

Our Founding Partners, including our CEO Andrew Killion, first conceptualized Akuna in their hometown of Sydney. They opened our first office in 2011 in Chicago, the heart of the derivatives & options industry.  Akuna then expanded to Sydney in 2018 to be the center of our Asian trading operations, and in 2021 moved to our new Barangaroo waterfront office. We are currently trading HK, Korea, cryptocurrencies and US night markets and are excited for expansions into all the major Asian exchanges. We also have offices in Shanghai and Boston.

At Akuna, we believe that the people are the center of everything we do. Our Sydney office has a start-up feel with less than 200 people, which means you really get to know the team! We run social poker competitions, office happy hours, have a fully stacked breakfast and snack room, host social events, go on company trips, have social clubs, and offer great training with our Akuna University. We are expanding rapidly and looking for the best talent to join us on this journey. If you enjoy being part of smart, driven teams with real challenges to solve- this could be the place for you!

What you’ll do as a Quantitative Researcher at Akuna:

Akuna’s Quantitative Trading and Research team is looking to add Quant Researchers to a team of mathematicians, statisticians and technologists. This team creates trading strategies scientifically by combining its quantitative expertise with a sophisticated understanding of derivatives and financial markets. 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
  • Help identify, design, backtest and optimize low latency strategies using big data
  • Build metrics to evaluate strategy execution and perform post trade analysis
  • Design and implement optimization algorithms for portfolio construction
  • Develop quantitative models describing market behavior
  • Advance existing initiatives and explore opportunities for new research topics

Qualities that make great candidates:

  • 2+ years of strong professional work experience in statistics, machine learning or related area
  • BS/MS/PhD degree in a technical field – Engineering, Computer Science, Math, Physics, or similar
  • Proven research background in academic or professional environment
  • Basic programming skills in Python (C++ is a plus)
  • Expertise in statistics
  • Experience building mathematical models for complex real-world problems
  • Financial experience is not a requirement
  • Experience in machine learning is a plus
Apply Now