Jane Street Employee Reviews about "traders"

Updated 10 Oct 2016

To filter reviews, or .
4.3
85%
Recommend to a Friend
90%
Approve of CEO
Jane Street Managing Director Sandor Lehoczky
Sandor Lehoczky
69 Ratings
Pros
  • "OCaml, interesting problems, smart people(in 11 reviews)

  • "interesting work, collaborate culture, high pay, very reasonable management(in 8 reviews)

Cons
  • "very stressful as we had to work long hours(in 8 reviews)

  • "The intern projects weren't as closely tied to real traders' projects as I would have liked(in 4 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Reviews about "traders"

Return to all Reviews
  1. Helpful (1)

    "Trading Intern"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Assistant Trader in New York, NY
    Recommends
    Positive Outlook

    I worked at Jane Street for less than a year

    Pros

    There were lots of educational classes during both the summer and winter internships. Also great mentorship, really smart people, learned a lot.

    Cons

    The intern projects weren't as closely tied to real traders' projects as I would have liked. This was mostly due to IP concerns, which makes sense, but is still nonoptimal.

  2. "Trading Intern"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Anonymous Intern 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Jane Street

    Pros

    Got to experience what trading was like in mock trading sessions, which focused on ETF trading and arbitrage in international markets.

    Cons

    Not as much time as I would have liked to interact with the traders themselves, especially for the few-week project in Excel.


  3. Helpful (38)

    "Lots of Fun, Always Interesting"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trader in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jane Street full-time for more than a year

    Pros

    Jane Street has been an incredibly rewarding experience. You are working with some of the top minds in the world, collaborating on very difficult problems. I am a trader, so I am constantly scouring the market for opportunities, tweaking our trading systems, and developing tools to help us trade more effectively. There is very little to no administrative work (outside of doing interviews), and a single hour long meeting per week. The people here are incredibly smart, yet humble. Think of it as the very top of the ivy league math and computer science departments, so probably some of the geekiest people you've ever met will be your co-workers. However, not all departments are like that and some are extremely outgoing and charismatic (dating back to the days of floor trading I guess). Everyone is willing to help on just about anything, from the simplest questions to the advanced problems. Few are arrogant, and in fact the company will not hire you if you have an unchecked ego. The pay is really high at the start, even compared to other trading firms. You will have no trouble securing a comfortable apartment in any part of Manhattan on the base salary alone. The bonuses are also high, and they are based on overall performance of the firm. You don't have an individual profit/loss number and never feel that an unlucky stretch will sink your bonus opportunities. The perks are awesome, I won't go into specifics but you receive a very generous package of benefits covering just about everything you could think of. Breakfast and lunch are catered, or you can also have food delivered on the company tab. The kitchen is fully stocked with food, fruit, beverages, snacks, and candy. Jane Street really takes care of its employees. The hours are also quite reasonable for this kind of job. You'll never have set times that you must come in and leave by. I work about 50 hours per week and am about in the middle. Some people work more, some less. There are also very few to no days where you feel that you "must" stay late to finish something. You never work weekends or nights. The people are awesome. Everyone works hard while they're here, but nobody gets burned out or has unreasonable expectations. There is practically no hierarchy at all, and little to no busy work. Finally, the firm has very high ethical standards. We will intentionally avoid strategies that, while legal, are ethically in a gray area. I've yet to run into anything truly illegal happen at this place.

    Cons

    The only weird downside is eating lunch at your desk. Traders don't get up from their desk more than a few times a day, and never for longer than to grab food or use the bathroom.

    Continue reading
  4. Helpful (5)

    "Jane St Capital Trading"

    5.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Trader 
    Recommends

    I worked at Jane Street

    Pros

    The payout is very very satisfying. It is very challenging. You are working in an environment with a lot of very very smart people.

    Cons

    You are constantly challenging yourself, your peers are the smartest people in the world. In the beginning, it is extremely hard to make money. Almost all traders fail at the start, but they teach you how to later be very profitable.

    Continue reading
Viewing 1 - 4 of 4 English Reviews

Choose a different language and keep reading other reviews.