Quantitative Trading Summer Internship (Nov 2024)

What you’ll do as a Quantitative Trading Intern at Akuna: 

Our Quantitative Team are a mixture of mathematicians, statisticians and technologists that find solutions to problems. We create trading models and strategies scientifically by combining our quantitative expertise with an understanding of derivatives and financial markets. We are seeking interns to join the team to apply their quantitative skills to exciting problems. You don't need a background in finance or trading, instead, we look for maths and coding skills.

Our Quantitative Traders are creative thinkers who can capture trading opportunities, convert ideas into solutions and pilot sophisticated strategies with mathematical and programming skills. Our Quant traders trade alongside our options and market-making traders, as well as undertake quantitative projects.

This internship will include a mixture of Akunacademy training sessions, project work, and mentoring opportunities. If this sounds interesting to you, apply now! We are looking for people who have innovative ideas, think analytically, and have an entrepreneurial mindset and want to make an immediate impact in our growing company and contribute to Akuna’s strategy portfolio.

Internship Dates: 10 weeks from November 2023- February 2025

What you’ll do:

• Gain a deep theoretical understanding of derivatives theory, market structure and portfolio construction
• Manage live strategies in production and improve profitability by converting ideas into quantitative models
• Working with a team of quants and developers on our data and research stack to implement and test original systematic strategies

What you’ll bring:

• Australian or NZ citizens or Australian Permanent residents only
• University Degree, graduating between August 2025 and January 2026
• Bachelor, Honours, Master or PhDs in Statistics, Mathematics, Physics, Computer Science, Engineering, or related degrees
• Distinction Average & proven strong academics
• Awards, prizes, medals, competitions, & scholarships
• Experience in research within an academic or professional environment
• Achievements outside of studies through your hobbies & interests
• An understanding of advanced Mathematics: Calculus, Stochastic Processes, Linear Algebra, Statistics and Optimization
• Working knowledge of statistical analysis, numerical linear algebra, machine learning or convex optimization
• Intermediate programming skills in Python (C++ is a plus)
• Ability to process complex information quickly and accurately under pressure
• Strong verbal and written communication skills
• Financial experience or studies are NOT a requirement

What you’ll get:

• This is a paid internship with flights & accommodation for those relocating to Sydney
• 9-week structured learning program built upon our flagship Options 101 Course by our dedicated Trader Training Manager
• An opportunity to secure a full-time role with Akuna once you graduate.
• Buddy program to help you transition into Akuna, your role and your team, as well as build connections and support network
• Flights & accommodation if you are relocating to Sydney for the opportunity.
• Catch up with your colleagues over coffee made by our in-house barista & grab a bite to eat in our fully stocked kitchen
• Weekly social events, team competitions & Akuna clubs
• 180-degree views of Darling Harbour in our collaborative, open-plan office space in Barangaroo