Updating Results

Akuna Capital

4.4
  • 100 - 500 employees

Trading Winter Internship (May 2024)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeInternship, Clerkship or Placement
  • SalaryAUD 3000 / Year
  • Additional benefitsfor the duration of 2-weeks
  • Number of vacancies10-15 vacancies
  • Application open dateApply by 14 Mar 2024
  • Start dateStart date 14 May 2024 - 2 Jul 2024

After a successful industry-first pre-penultimate program in 2022, Akuna is bringing back not only one but two Trading Winternship programs this year! 

No matter what youโ€™re studying you could have a career in Trading, and we want to teach you. If you have the desire to learn about financial markets and economic theories, are math-savvy, competitive and ambitious then buckle up because this winter, we have an exclusive program designed for you. Don't miss out on this unique opportunity to gain hands-on experience, discover what you're truly passionate about, and explore various career paths to where your skills are best suited. You bring the passion, and we will teach you the skills to have a successful career as a Trader at Akuna!

Internship Dates: 2 weeks in May 2024 & July 2024 at our Sydney Office.

What youโ€™ll do:

Guided through Akunaโ€™s classroom-style lectures, assessments & quizzes, competitive trading games and trader shadowing, our program represents an opportunity to gain a foothold in a company at the intersection between technology and finance.

We want to teach Trading from a first principles basis. You will learn to think practically like a Trader as you progress through our exclusive training program, which is designed to develop your intuition for markets, position management and evaluating risk and reward.

No matter your degree background or experience level, if you have an interest in financial markets, love solving problems, designing and creating solutions, and have strong mental math and communication skills โ€“ by the end of this winter you will have gained exposure to what life as a Trader at Akuna looks like

 What youโ€™ll bring:

  • Australian or NZ citizen or Australian Permanent residence only
  • Pre-penultimate student, graduating between August 2026 & February 2027
  • An academic background in Mathematics, Statistics, Computer Science, Actuarial Science, Engineering, Economics, or related degrees with a distinction average (or equivalent)
  • Strong mental math, pattern recognition and probability skills
  • Work experience that enhanced your communication, problem-solving, analytical, and teamwork skills
  • No prior knowledge or coding requirements, just a desire to learn about financial markets and economics theories
  • Risk appetite & ability to work well under pressure in a fast-paced, team environment.
  • Ability to commence in May 2024 or July 2025 for two weeks.

What youโ€™ll get:

  • Two-week structured learning program built upon our flagship Options 101 Course by our dedicated Trader Training Manager
  • Paid $3,000 AUD + flights & accommodation if youโ€™re relocating to Sydney for this opportunity.
  • Opportunity to secure a Trading Internship, Summer 2025-26 position.
  • Buddy program to help you transition into Akuna, your role and your team, as well as build connections and support network
  • 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

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data-driven solutions and automation. We specialise in providing liquidity as an options market maker โ€“ 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.

At Akuna, we believe that the people are the centre of everything we do. Our Sydney office has a start-up feel with around 250 people, which means you really get to know the team! We run social poker competitions, and 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!

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Citizen โ€ข Australian Permanent Resident
Work light flag
New Zealand
New Zealand Citizen

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Associate Degree or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    Business & Management
  • Degree typesAssociate Degree or higher
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Reviews

user
Graduate
Sydney, Australia
โ€ข
4 years ago

It is a mix of keeping old systems alive and trying to build new systems on infrastructure.

user
Intern
Perth
โ€ข
4 years ago

Working on the Vals/Quant team, my role involves both bridging the gap between our quant research work and our prop systems as well as building mechanisms to improve our research capability.

user
Midlevel
Sydney
โ€ข
4 years ago

As a trader, I'm responsible for overseeing our automated trading systems. This includes making sure it's behaving the way we'd expect, working with Devs on bugs to fix, or testing new features to implement. I also conduct research on potential new opportunities, and build tools to help us capitalize on those opportunities. It's exciting to know that my actions daily have a clear and noticeable impact on the bottom line.

Show all reviews

About the employer

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Akuna Capital

Rating

4.4

Number of employees

100 - 500 employees

Industries

Trading

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions and automation.

Pros and cons of working at Akuna Capital

Pros

  • There's a really diverse range of backgrounds, so there's always an opportunity to have interesting conversations. The work itself is challenging and fun.

  • The people. Everyone is highly motivated and super intelligent.

  • I've been given the freedom to work on projects I find particularly interesting. As Iโ€™ve improved, Iโ€™ve been given more responsibility and trust, and itโ€™s rewarding to know that I contribute significantly to the company.

  • Working with some of the smartest and most driven people. Unique insight into an opaque industry. Very intellectual culture. Decent Work-Life-Balance for "high finance"

  • Collaborative environment, interesting work, flat work hierarchy, meritocracy, well compensated

Cons

    • Weird/late hours sometimes.

    • Steep learning curve, intense work and high expectations can be challenging.

    • Intense atmosphere sometimes causes stress

    • A bit of a steep learning curve because you need to learn so much so quickly