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Jane Street

Quantitative Trading & Technology

Founded
2000
HQ
New York, NY
Team
2,500+
Process
3-6 weeks

Overview

Jane Street is a global proprietary trading firm that uses sophisticated quantitative analysis and technology to trade a wide range of financial instruments. Known for its collaborative culture and emphasis on problem-solving, Jane Street consistently ranks among the most selective employers in quantitative finance.

Market MakingETF TradingOptionsBondsEquities

Interview Process

1

Online Assessment

90-120 minutes

3-5 medium-hard coding problems covering arrays, graphs, dynamic programming, and probability. Trading tracks include mental math questions.

Practice LeetCode medium/hard problems
Focus on probability and expected value calculations
Speed matters - practice timed coding
2

Phone Interview Round 1

45-60 minutes

Basic probability topics including Bayes' Rule and Conditional Expectation. Questions feel conversational rather than quiz-like.

Review discrete probability fundamentals
Practice explaining your reasoning out loud
Don't rush - think through problems carefully
3

Phone Interview Round 2

45-60 minutes

Long-form applied probability problems using the same principles as Round 1 but with different constraints and scenarios.

Build on Round 1 concepts with more complex scenarios
Practice multi-step probability problems
Work through 'Green Book' problems
4

Phone Interview Round 3

45-60 minutes

Complex probability problems significantly harder than previous rounds. Tests depth of understanding and creative problem-solving.

Practice the hardest probability puzzles you can find
Focus on edge cases and unusual scenarios
Be prepared to work through problems collaboratively
5

Final Round (Onsite/Virtual)

Full day

Multiple interviews covering problem solving, probability/statistics, coding (any language), data analysis, and general interests. For researchers, includes elements of both trading and software engineering.

Be yourself - cultural fit matters
Prepare to discuss your interests and why Jane Street
Review all previous topics comprehensively

Roles & Tracks

Quantitative Trader

Make real-time trading decisions using quantitative analysis. Work on pricing models, risk management, and market strategy.

ProbabilityStatisticsMental MathGame TheoryDecision Making

Quantitative Researcher

Develop trading strategies and models. Work overlaps both trading and software engineering.

StatisticsMachine LearningPython/RFinancial ModelingResearch

Software Engineer

Build trading systems, market data infrastructure, and internal tools. OCaml is the primary language.

OCamlFunctional ProgrammingDistributed SystemsLow LatencyLinux

Compensation (2026)

Intern
$4,500 - $6,000+ per week (~$180k - $240k+ annualized)
New Grad
$300k - $700k total compensation
Senior
$800k - $2M+ total compensation

Compensation varies by role, with traders typically at the higher end. Strong performance-based bonuses.

Preparation Tips

  • Master probability and expected value - this is tested at every stage
  • Practice mental math daily using MyntBit's games at myntbit.com/games
  • Work through 'Heard on the Street' (Green Book) problems
  • Learn to think out loud and explain your reasoning
  • For SWE roles, learn OCaml basics
  • Practice brain teasers and logic puzzles

Practice Mental Math

Sharpen your arithmetic speed for Jane Street interviews with our free mental math games.

Play Games

Frequently Asked Questions

Jane Street is extremely selective, with an acceptance rate below 1% for internships (fewer than 80-150 spots from thousands of applicants). Full-time roles are similarly competitive.

No prior finance knowledge is required. Jane Street looks for strong problem solvers with mathematical aptitude. The interviews focus on probability and reasoning, not financial concepts.

Jane Street is famous for using OCaml extensively. However, you can interview in any language you're comfortable with. Learning OCaml basics can be helpful for SWE roles.

Practice daily with MyntBit's mental math games at myntbit.com/games. Focus on speed and accuracy with multiplication, division, and percentage calculations. Our games are designed specifically for quant interview prep.

Practice Jane Street Interview Questions

Access real interview questions tagged to Jane Street. Filter by role, difficulty, and topic.

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