Akuna Capital
Akuna Capital, founded in 2011 and headquartered in Chicago, IL, is an options market maker specializing in low-latency technologies and trading strategies. The company operates internationally with offices in Sydney, Shanghai, and London, and trades on both US and Asian exchanges, including in the cryptocurrency space.
Company Overview
Akuna Capital, founded in 2011, is headquartered in Chicago, IL, with additional offices in Sydney, Shanghai, and London. The company specializes in providing liquidity as an options market maker. Akuna Capital designs and implements low-latency technologies, trading strategies, and mathematical models to enhance trading efficiency. Unlike many financial firms, Akuna Capital has no clients or external investors, trading solely with the company’s capital. The firm comprises dozens of employee shareholders, contributing to its collaborative and competitive office culture.
International Offices
Akuna Capital has strategically expanded its global presence since its inception. The first international office was opened in Shanghai in 2014, followed by the Sydney office in 2018. The most recent expansion occurred in 2022 with the establishment of the London office. These offices enable Akuna Capital to actively trade on both US and Asian exchanges, including CME, ICE, CFE, CBOE, C2, BATS, EDGX, ISE, Gemini, MIAX Pearl, HKEX, KRX, and NOM.
Trading Strategies and Technologies
Akuna Capital trades options on a wide range of underlying assets, including Indices, Commodities, Currencies, and Treasuries. The firm is also active in the cryptocurrency market, trading spot, futures, and options on exchanges and over-the-counter (OTC). Akuna Capital utilizes the fastest FPGA, software, hardware, and connectivity solutions available to ensure efficient trade executions. This technical prowess allows the company to maintain a competitive edge in the market.
Employee Benefits and Culture
Akuna Capital offers its employees a range of benefits including generous paid leave policies, medical and retirement packages, and commercial medical insurance for full-time employees and their children in Shanghai. The firm promotes a collaborative and competitive office culture, providing amenities such as ping-pong tables and floor-to-ceiling whiteboards. Social events like team sports, dinners, happy hours, and company trips further foster a sense of community. Employees are also encouraged to continue their education through the Akuna U program, webinars, digital books, and conferences.
Educational Initiatives and Community Support
Akuna Capital is committed to education and community support. The firm offers a free Options 101 Course open year-round to anyone interested in learning the basics of the options market. Internships are available across various teams including Development, Quant, Trading, and IT Infrastructure. Akuna Capital also supports Perspectives Charter Schools in Chicago through financial contributions and hands-on support, showcasing its dedication to community engagement.