Jane Street LIFE?
(Chimp, 2
Points)
on 5/30/12 at 7:34pm
What is being a (junior) trader like? For instance, how many hours do you work, from what time to what time, pay, bonuses, contract info?
Thanks.





my friend there says he gets
my friend there says he gets up at 5:30am, plans his morning/opening bell strategy through noon, does some research, and stays at his screens until about 5pm. does some maintainence work then does whatever after 9pm.
he claims the salary is around 50k for rookies with some guys making $160k all in, depending on p/l. can anyone verify this?
sounds awful.... not at all
sounds awful.... not at all what i expected in terms of life/salary/all in comp, especially if this is in NYC.
Jane street base is $100K.
Jane street base is $100K. With bonus, $200K all-in first year is not unheard of. The pay is VERY good, hence one reason why very few people leave.
Brady - not sure it's as high
Brady - not sure it's as high as $200K, though I've heard $150-160K being tossed around a lot (based on friends who've worked there, or friends who know friends working there). I think it's like $100K salary + $20K signing bonus + $30-40K discretionary bonus for 1st years.