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Quantitative Research Intern, Summer 2025

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Data
  • Chicago

Requirements

  • Pursuing a Bachelor's, Masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python
  • Financial experience is not a requirement
  • Must graduate by August 2026
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT or STEM

Responsibilities

  • Develop trading strategies using statistical and machine learning algorithms
  • Design and implement optimization algorithms for portfolio construction
  • Develop quantitative models describing market behavior
  • Advance existing initiatives and explore opportunities for new research topics

FAQs

What is the primary focus of Akuna Capital?

Akuna Capital is an innovative trading firm that focuses on collaboration, cutting-edge technology, data-driven solutions, and automation, specializing in providing liquidity as an options market-maker.

Where are Akuna Capital's offices located?

Akuna Capital operates from offices in Chicago, Sydney, Shanghai, and London.

What is the duration of the Quantitative Research Internship?

The internship, called Akunacademy, lasts for 10 weeks during the summer.

What are the main responsibilities of a Quantitative Research Intern at Akuna?

Interns will develop trading strategies using statistical and machine learning algorithms, design and implement optimization algorithms for portfolio construction, develop quantitative models describing market behavior, and explore new research topics.

What qualifications are required to apply for this internship?

Candidates must be pursuing a Bachelor's, Master's, or PhD in Statistics, Computer Science, Engineering, Mathematics, or a related subject, have expertise in statistics and machine learning, intermediate programming skills in Python, and must graduate by August 2026.

Is financial experience necessary for this internship?

No, financial experience is not a requirement for this internship.

What GPA is required for applicants?

Applicants must have a GPA of 3.5 or above to be considered.

What are the legal authorization requirements for this position?

Applicants must have legal authorization to work in the U.S. on the first day of employment, including F-1 students using CPT, OPT, or STEM.

Can I apply for multiple roles at Akuna Capital?

No, candidates will only be considered for their top preference role due to the high volume of applications.

In what format must resumes be submitted?

Resumes must be submitted in PDF format.

The New Wave in Tech and Trading

Finance
Industry
201-500
Employees
2011
Founded Year

Mission & Purpose

Akuna Capital is an innovative trading firm with a strong focus on cutting-edge technology, data driven decisions and automation. Our core competency is providing liquidity as an options market-maker – meaning we provide 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 Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Boston. We are the leading options market-maker to successfully enter the industry in recent years with sustainable growth. By providing more liquidity to the markets through rapid innovation, we have the advantage of youth in remaining nimble and agile in an ever-changing competitive landscape. Akuna has no clients or external investors, we trade only with the company’s capital. We have dozens of employee-shareholders and this number continues to grow. We are really proud of what we have accomplished since inception, but even more excited for all that lies ahead of us. We are still building, accessing new markets, trading new products, and creating new strategies, giving you the opportunity to be involved in shaping the future of Akuna. Indeed, the great majority of Akuna’s growth profile is ahead of us.

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