I've recently received an offer from Akuna Capital, and was wondering if people had any opinions on this prop shop? Is this a reputable shop, have there been horror stories from this shop, etc?
Compensation (base salary) is on-par with many of the top firms (such as Optiver, Jane Street, etc), but having not much information about this field as I don't have a Fin-Eng background, am worried if this is a good company.
Also, do companies like these expect new, inexperienced hires to turn a profit for them in a very short amount of time, or is there still a good amount of leash?
What is the pay at Akuna?
Removed.
Did they mention anything about bonus?
They did, said that there is a small expected bonus for junior traders.
Not sure how much I can bank on the bonus though, don't have much information online as to whether there is significant bonus.
I interned there previously and loved it. They have grown steadily and from what I heard/saw so did all the benefits/compensation offered to FT. This firm is definitely different in terms of rewarding talent and not getting bogged down by typical corporate bs. Akuna more than any of the other firms out there, takes the time to actually train their new hires. I saw a few JTs start while I was there and they had the same training we did as interns but over a longer period of time.
Bump.
Previous head of trading of Optiver founded Akuna. Strong in index options but not sure on other products. Def a smaller shop than Optiver, SIG, DRW, etc, which means you could get more responsibility if you are good. I also heard that they are using their profit pool to hire good devs so the actual bonus right now is not that big, but someone please confirm this.
pm me
Not sure if I am late to the post. I would take it. Akuna is one of the better shops in Chicago. Overall, you might be there for 20 years, or two years. Who knows? But any success at Akuna should create opportunities down the road.
So despite having only been around for 5 years, they have a solid reputation amongst trading shops in Chicago already? How would they compare to some of the older firms like Optiver and SIG? Thanks for commenting!
I wouldn't say it is the best shop in town, but it is on a short list. The founder was able to start with a few really good techies and a decent pocketbook. And things have been going very well there for the last couple of years. Unless, I missed something obviously big.
Optiver is a good place too, from what I know.. But the most common knock I hear is that there is a glass ceiling. I don't know if that is true or not, just what I have heard. Actually, I would say that might be the case for any firm in Chicago whose HQ is somewhere else.
But Akuna is definitely a good enough place to build a resume and get noticed.
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