Floor Trader- SPX

Akuna Capital • Chicago, IL

342d • $130,000

About The Position

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. We are seeking a Floor Trader to join Akuna's Equity Indices team in the SPX pit on the CBOE floor. The ideal candidate will be a highly motivated individual interested in supporting our team coverage and competing in the marketplace. Candidates must possess working relationships inside of and strong familiarity with the S&P500 complex of options. As a part of Akuna's SPX team, you will make markets on options for brokers using our proprietary pricing and execution software custom-designed for use on your trading tablet. Whether being first to make a market or removing liquidity on a resting order, the opportunities you identify and execute on 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.

Requirements

• 2+ years of experience market making options on the CBOE floor.
• SPX pit experience in the last 18 months required.
• Strong mathematical aptitude.
• Effective and efficient communication and superior interpersonal skills.
• Ability to react quickly and accurately to rapidly changing market conditions.
• BS/MS in Finance, Economics, Business, Mathematics, or equivalent.

Nice To Haves

• Entrepreneurial self-starter ready to work in a fast-paced, team environment.
• Passion for problem-solving and finding creative solutions in an ever-changing market.

Responsibilities

• Make markets on options for brokers using proprietary pricing and execution software.
• Support team coverage and compete in the marketplace.
• Identify and execute trading opportunities in the SPX pit.
• Collaborate with team members to learn systems and trading styles.

Benefits

• Discretionary performance bonus.
• Comprehensive benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree