Quantitative Researcher Prediction Markets
Chicago, IL - USA
Job Summary
Akuna Capital is an innovative trading firm with a strong focus on collaborationcutting-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 Partnersfirst conceptualized Akuna in their hometown of Sydney. They opened the firms first office in 2011 in the heart of the derivatives industry and the options capital of the world Chicago. Today Akuna is proud tooperatefromadditionaloffices inSydney Shanghai London andSingapore.
Whatyoulldo as a Quantitative Researcher at Akuna:
Akunas Prediction Markets team is looking to add a Quantitative Researcher focused on sports related contracts. The successful candidate will play a crucial role in developing Akunas sports pricing capabilities working closely with development and trading teams to refine and deploy these models alongside our strategies. This position offers the opportunity to make a direct impact on an exciting new desk at Akuna. The ideal candidate will possess strong programming and analytical skills a creative mindset and a passion for this role you will:
- Design and develop data capture pipelines to enable the pricing of a variety of sports contracts (match outcomes player props in-game events)
- Develop and calibrate pricing models using historical data in service of in-play quoting of sports contracts.
- Build and maintain internal tooling to facilitate all aspects of the research pipeline
- Work closely with trading and development to deploy models into production trading strategies bridging the gap from research to production with an ownership mentality
Qualities that make greatcandidates:
- Bachelors Masters or PhD degree in a technical field such as Engineering Computer Science Mathematics or Physics (or a related subject)
- Proficient programming skills in Python (C is a plus)
- 1 years of experience in a quantitative or programming role preferably within the trading sector.
- Deep understanding of fields such as Linear Algebra Numerical Methods Statistics Optimization and Machine Learning
- Strong interest in sports and quantitative modeling.
We are especially interested in high agency individuals who have practical experience in financial markets and see the recent rise in prediction markets as an opportunity to ply their trade to a new domain they find more dynamic and exciting: sports. If you are a working quant and a sports data nerd we want to hear from you!
In addition to technical skillsets Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!
In accordance with Illinois Equal Pay Act the minimum base salary starts at $145000. Exact compensation offered may vary based on many factors including but not limited to the candidates experience qualifications and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical dental vision retirement contributions paid time off and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.
Required Experience:
IC
About Company
Akuna Capital is an innovative trading firm specializing in options market making, powered by cutting-edge technology and collaboration across Trading, Tech, Quant, and Operations.