Quant jobs / Akuna Capital

Floor Trader – SPX

A floor-based options market-making role in the S&P 500 index options pit on the CBOE. The trader quotes to brokers using the firm's own pricing and execution software on a tablet.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Make markets in SPX options for brokers
Use proprietary pricing tools to respond quickly
Take or remove liquidity when mispricings appear
Work within the team's risk and coverage plan

What they ask for

Required

2+ years market making options on the CBOE floor
SPX pit experience within the last 18 months
Working relationships in the SPX options community
Strong mental maths
Clear communication under pressure

Education: BS/MS in finance, economics, business, maths or equivalent
Experience: 2+ years of floor market-making experience, including recent SPX pit experience
Markets: options, equities

How to prepare

Learn index option pricing, skew and term structure
Practise quick option-pricing and Greek estimation by hand
Study how SPX options and futures are hedged against each other
Understand open outcry and pit market conventions

What to study

The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Akuna Capital’s site before applying: requirements, location and pay can change after we check them.

View the posting on Akuna Capital’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Akuna Capital and doesn’t handle applications.