What does working at Jane Street feel like?

you’re not going to find an answer to that on this site

try elitetrader or one of the other established trading sites

>>105710247 (OP)
JS has one of the hardest interview processes in fintech.
If you survive and get an offer:
>some of highest salaries in the industry
>future-proof job security
>challenging and interesting work; most of the trading software is written in ocaml, which, honestly, is a godsend.
>cool co-workers, if you can find them; many of them are massive spergs and many others with massive egos.
>long hours on occassion
>one of the best lines you can have on the resume. if you spend a good amount of time at the company, you'll get hired anywhere, but there's no point because JS has, literally, the best salary and benefits, aside from A.I. startups, which are all a mess right now if you're not at OpenAI.
t. current employee with four years of experience.

>>105710612
is it pretty much ivy leaguers only?

emacs tho

>>105710625
This is a meme, prop shops don't really give a fuck what university you're from

>>105710625
A good number of people are from Ivy Leagues, but, no, the firm isn't made up of "only" them. The firm wants smart people, and there have been some who've come from state schools.

>>105710637
how do they select their candidates then? i cant imagine they take the faang route of interviewing as many people as possible

>>105710637
this is cope, look at any one on linkedin who workes/worked at JS, its either an ivy (most likely oxford/cambridge/princeton) who worked there right after college OR they want to a top tier state school, worked at FAANG for a few years then transitioned into finance.

>>105710655
from what ive heard jane street and optiver will give out a lot more interviews than you would think

>>105710657
It's not cope lol. What do you think all the Australians in some of these offices are doing there then? Nobody even knows those universities.

>>105710657

>>105710665
optiver has a fucking horrible work environment THOUGH
>>105710612
best and worst part of your job?

is js the company that's obsessed with poker?

>>105710708
retard doesnt understand foreign students
>>105710722
retard
>>105710726
>optiver has a fucking horrible work environment THOUGH
last i heard some foid got paid 500k because her coworkers hit their big bonus payday and started playing raunchy music in the office and later invited her out to a strip club so it sounds pretty based to me

>ERMAHGAD YOUR VOLATILITY SURFACE IS LIKE, SUPER WACK
Fuck em

>>105710761
You're the retard lol, offices in APAC regions are filled with Australians. They're almost always from Australian universities. I don't get why you're sucking off name brand places when you obviously don't go to any of them.

>>105710790
Ahh my bad, I thought you were talking about the offices that actually mattered, not the land of disney dollars.

>>105710831
one of the most profitable offices for many places is hong kong... you just keep coming out with dumber and dumber posts lol

>>105710831
Retard doesn’t understand Australia has gotten rich supplying commodities to China kek

>>105710843
js just posted record profits in the last year in nyc retard
>>105710856
who cares, you have to live in shit countries, all of oceania and SEA are complete shitholes

>>105710612
What kind of work do you do

>>105710637
>>105710648
>>105710657
>>105710726
>>105710790
>>105710831
>>105710843
>>105710856
>>105710871
The fact that you faggots are arguing over retarded shit in a 4chan thread is exactly the reason none of you will ever make over 40k a year

>>105710871
>unironically following prop shop profits while demonstrating he doesn't actually know anything about them
what compels people to be like this?

>>105710612
this has to be a larp, everyone says it's the most boring soul crushing and least interesting shit done exclusively for the money and that 60-80h weeks are just expected

>>105710899
>gets proven wrong and copes about some inane shit
kek

>>105710871
>you have to live in shit countries
If you’re rich it’s a global world, I have in my office an entire portfolio team from Australia

>>105710889
>arguing over retarded shit
How exactly is the geopolitical implications of Australias economy setup “retarded shit”. This is literally a thread about finance

>>105710905
It really depends on where your at I think, the traders on buy side leave once the bell sounds every day and get paid like half a milli

>>105710915
>How exactly is the geopolitical implications of Australias economy setup “retarded shit”. This is literally a thread about finance
if this is what you think you are arguing over you are retarded, youre all acting like catty faggots talking about places youll never be afford to live lol>>105710923
>your
SARRR stop larping

>>105710914
you're not proving anything wrong, HK options are extremely profitable and you can look at almost any shop to show it

>>105710929
I probably won’t yeah I’m a grunt slave for rich port managers. Don’t know what I have to lie about, literally get to watch our Aussie desk trade rate swaps against other firms like Jane street all day long dog. They make money, they supply China with coal, you were wrong anon is right.

>>105710726
> Best
- Challenging but interesting work.
- Extremely high compensation package, which makes living in NYC a lot of fun and owning a place possible. The benefits are also top of the line.
- Smart co-workers. I've learned more in four years from these guys than I did in my 10-year career and education.
- Permanent remote work. The firm has a "strict" RTO policy, but it's only for traders; management knows if it implements a similar policy to Software, it'd lose a lot of valuable talent. Goofing off, like I'm doing now, at home, isn't possible at the office.
- Programming in OCaml.
>Worst
- Dealing with egomaniacal managers.
- Clients, mostly traders, are retarded when it comes to using the software and requesting features. Sometimes we wish they'd stick with the Bloomberg Terminal; all the Wall Street normies use that anyway.
- "Work hard, play hard" environment. Mostly for the traders, but we're encouraged to befriend them because they're our partners, so, sometimes, we party with them, and they're shit shows. The stories are too wild to publish.
- Programming in OCaml.

>>105710975
>The stories are too wild to publish.
give example

>>105710905
I am currently working in a fintech as as an IT vendor contract employee and it is soul crushing at first but becomes manageable. They expect people to work in business hours in your region even if the product operates across various region so no extra hours unless its a rare event where something is down and needs to be fixed ASAP

However the main issue comes from the business not understanding tech and pushing requirements that can cause a lot of tech debt. All business cares is whether their ask has immediate consequences or not, i no immediate consequence then they push requirements that could risk future complications. Its hard to explain it to them why it would be a bad move to go through with it but they are just not tech literate enough to understand it or follow a proper process

>>105710882
I'm a software development on the firm's internal trading platform. I'm a small cog in the machine, so to speak.
>>105710905
>everyone says it's the most boring soul crushing and least interesting shit done exclusively for the money and that 60-80h weeks are just expected
"Everyone" is not an accurate portrayal. Yes, people do this work exclusively for the money--I'm one of them--but "soul-crushing" and "least interesting shit" is not true in my experience. I find the work challenging and fun, and I'm learning a lot. Sixty- to eighty-hour weeks do happen, but they're not often and they don't happen in my section.

>>105710905
it is a larp

no guy working at Jane street is gonna waste his time on 4chan

>>105710991
No. Most are too specific, and I'm not interested in getting any of my co-workers, or myself, doxed.

>>105711012
The early summer, especially the week leading up to the Fourth of July, is usually a slow period; many people are on vacation, so there's plenty of time, for me, right now, to goof off.

>>105711012
I work for a quant MM, you'd be surprised. Although this guy is probably baiting. Bloomberg terminals aren't used by traders at a quant fund on a daily basis, nor would it be an option. The whole point of a quant firm is to continually calculate theoretically valuations of an instrument and buy when your theo (thats what we call it) is above the current, or sell when below. This requires an in house system with low latency - ingest data from sources (third party like Maystreet or Onetick and various multicast UDP feeds from the exchange), calculate theos as fast as possible, then get that to the trader through propietary software or have an algorithm use the book to determine buys/sells. A bloomberg terminal is not useful for this in any way.

>>105710975
>Permanent remote work
How is this not an unacceptably big risk to security from people sharing sensitive and very lucrative information accessing it from home?

>>105711063
Some work *is* required to be done at the office, but the "Permanent remote work" means the firm can't *force* people back five days a week.

>>105711062
What kind of stuff would you recommend learning if I wanted to move into a more tech oriented role with traders? T. Ops bitch

>>105711396
Learn how to leverage A.I. into the work. Everyone is foaming at the mouth for A.I., and if you know how to wield it, transitioning will be easier.

>>105711442
In what way? Reconciliations, order filling, strategy management?

>>105711555
What, exactly, do you want to do?

bunch of nerds i'll tell ya that.

>>105711645
That’s a good question. I want to work on custom solutions for esoteric assets, where I get to touch every piece of the pipeline from analysis to trading to ops.

>>105711736
>I get to touch every piece of the pipeline from analysis to trading to ops.
That'll never happen. Firms won't let a single person handle the entire pipeline.

>>105711811
You get pretty close with certain assets, some bespoke deals I see traders putting on multiple hats.

is retail day trading a gay scam?

>>105711675
wow a nerd on 4chan call them nerds means they are truly intelligent

lmao, give up 4champ, you won't make it

>>105712746
strong interpersonal skills for software engineering is becoming the norm everywhere. as it should be. every person in society has to invest time into it but fuckass nerds think they can skip it.

>>105712908
I'm with you on this one. communication is key

It's hell.

>>105710247 (OP)
If you're thinking about getting into HFT just learn C++/Python and major in compsci. Take any sort of Junior/Intern role you can.

Many people who work at these companies are lazy and complete idiots. Most of them don't even know linux fundamentals or have any interest in programming outside of making money.

I see 22 year old indians on the train every other day wearing Jane St merch.

Also NYC is a shithole, so consider your mental health. Trading contributes nothing to society.

>>105714047
>Take any sort of Junior/Intern role you can.
These roles barely exist anymore, thanks to A.I.