Jane Street's Hong Kong office hires student on US$500k amid growth



ORIGINAL POST
Posted by baens123 10 mths ago
Which is more exciting? Is it the fact that electronic market maker and proprietary trading firm Jane Street has generated $14bn of net trading revenue in the first nine months of the year, according to Bloomberg. Or is it the fact that Jane Street has offered an Indian graduate a starting salary of US$508k to work for it as a quant trader in Hong Kong?

 
The two things are not unrelated. In the first half of 2024, Jane Street's 2,631 employees each generated average revenues of $3.2m and average profits of $2.3m. Jane Street can afford to pay. There's a reason it tops our list of Ideal Employers by compensation. Even Citadel Securities 'only' generated earnings per head of $1.7m over the same period.
 
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