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Tier 1Ranked #1 of 18 on The Quant List

Jane Street quant salary and jobs

The benchmark: one flat $300,000 posted base for new-grad traders, researchers and engineers, and for interns too.

$300k
base salary
98/100
Index score
New York
Locations
Hiring
As of November 11, 2026

Quant roles at Jane Street

Jane Street is a proprietary trading firm and one of the largest market makers in ETFs, options and bonds. It hires three core tracks — quantitative trader, quantitative researcher and software engineer — and posts the same $300,000 base on all three, for new graduates and experienced hires alike. Most of its code is written in OCaml, and its interviews lean on probability, betting games and reasoning out loud rather than finance knowledge.

Jane Street listed 88 New York positions on Nov 11, 2026 (220 worldwide across New York, London, Hong Kong and Singapore), including 8 new-grad and 17 summer-internship listings in New York.

Worth knowing: Interns are posted at the same $300,000 annualized base as full-time hires, and experienced traders, researchers and engineers are posted at the same $300,000 as new graduates: the base is flat and the bonus does the differentiating.

Jane Street quant salary

$300k
Base salary
Not published
First-year total comp (bonus not posted)

Base: $300,000 on the new-grad Quantitative Trader, Quantitative Researcher and Software Engineer listings, read from Jane Street’s careers feed on Nov 11, 2026 (minimum and maximum salary are both $300,000). Experienced listings for the same three roles post the same figure, and summer 2027 internships are posted at $300,000 annualized. Bonus is discretionary and is not posted.

Jane Street pay by track

TrackRole titleNew-grad baseSummer 2027 internshipExperienced baseOpen now
Quant traderQuantitative Trader$300k$300k annualized$300kYes
Quant researcherQuantitative Researcher$300k$300k annualized$300kYes
Quant developerSoftware Engineer$300k$300k annualized$300kYes

Posted base pay, except figures marked “package”, which are the firm’s estimated annual compensation package. Bonuses, sign-on payments and housing are extra to base pay.

What Jane Street employees report

Self-reported total compensation from Levels.fyi. These are not posted figures and play no part in the ranking. They cover every office and all years of experience, and the site does not show how many reports are behind each one.

Title on Levels.fyiTotal compensation
Software EngineerL1 $366K · L2 $343K · L3 $450K · L4 $378K

Only figures the site labels a median or breaks out by level are shown. Source: Levels.fyi, read November 11, 2026.

See how Jane Street compares in the full quant salary guide →

How Jane Street scores

Compensation
10
Program maturity
10
Career capital
10
Momentum
9

Index score: 98/100. How we rank →

Jane Street quant: common questions

Base: $300,000 on the new-grad Quantitative Trader, Quantitative Researcher and Software Engineer listings, read from Jane Street’s careers feed on Nov 11, 2026 (minimum and maximum salary are both $300,000). Experienced listings for the same three roles post the same figure, and summer 2027 internships are posted at $300,000 annualized. Bonus is discretionary and is not posted. By track, the posted new-grad base is $300k for quant traders, $300k for quant researchers and $300k for quant developers.
As of November 11, 2026: Open: new-grad and summer 2027 internship listings for Quantitative Trader, Quantitative Researcher and Software Engineer in New York, plus experienced listings in all three tracks, as of Nov 11, 2026. Check the firm’s careers page for current listings.
Yes, summer 2027 internship listings were live on our last check. Undergraduates through PhDs from any quantitative field; the listings ask for no finance background. Summer internships and new-grad roles run in all three tracks. New-grad and summer 2027 internship listings are live for all three tracks; the current Quantitative Trader listing was posted July 6, 2026.
Jane Street lists Quantitative Trader (quant trader), Quantitative Researcher (quant researcher) and Software Engineer (quant developer). Its US quant listings are in New York. In office in New York; none of the trading, research or engineering listings is remote.

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