By Andre Atallah, CEO of EP Advisory
Quantitative Trader · Full-Time New Grad · London
Open now, no deadlineOpen now, check the adThis year’s ad has closedNot ready yet? Other ways in
Short answer: Apply now. Jane Street’s London Quantitative Trader new-grad ad was live when we checked on 17 October 2026. There is no deadline: applications “are reviewed on a rolling basis”.Apply now. Check Jane Street’s London Quantitative Trader new-grad ad for any closing date, and apply before it.Jane Street’s London Quantitative Trader new-grad ad has closed. Jane Street reviews applications on a rolling basis. Watch its jobs page for the next ad. There is no online test. You start with phone interviews with traders, then a final round in person. Jane Street wants probability, expected value and clear thinking out loud, not finance knowledge.
Where are you now?
Independent guide. EP Advisory is not affiliated with Jane Street.
Jane Street hires new-graduate Quantitative Traders in London. Its ad says traders “identify market signals, analyse and execute strategies, construct quantitative models” and “manage risk”. This guide uses Jane Street’s own pages and videos.
This playbook covers each stage, and what to do if you are not ready yet. For nearly 10 years, we’ve helped more than 5,000 professionals get hired. Want to know if your CV will pass screening in the UK? Check your CV for free: a score in 30 seconds, then a fix for each problem.
01/10
Your route to an offer
Pick your stage and tick each step when done. The steps come from Jane Street’s London ad and its interview pages, checked on 15 October 2026.
1. Apply on Jane Street’s site
Apply now if you could interview within a few weeks. Jane Street reviews applications on a rolling basis.Apply now if you could interview within a few weeks. Check the ad for any closing date.This year’s ad has closed. Watch Jane Street’s jobs page for the next one. Not ready? See other ways in.
2. Get ready: no online test
There is no test to pass first. Practise the probability and reasoning Jane Street tests in its interviews.
3. Phone interviews with traders
A trader calls you and works through problems with you. Jane Street says it should feel “a lot more like a conversation than a quiz”.
4. The final round
The final round is in person. Jane Street books and pays for your travel and hotel.
Your ticks save on this device.
02/10
The role at a glance
No deadline, no online test and no published pay.No online test and no published pay. Check the ad for any deadline.This year’s ad has closed. It had no deadline, no online test and no published pay.
RollingSee adClosed
Deadline: reviewed as they arriveDeadline: check the adThis year’s ad has closed
None
Online tests Jane Street describes
2 to 3
Phone interviews (2022 video)
No
Calculators in interviews
None
GPA or degree requirement
Not shown
Pay on the London ad
From Jane Street’s London ad, its Trading Interviews page, its Interviewing FAQ and its 2022 overview video, checked 15 October 2026.
Where these facts come from
- The ad. Job 8576270002 was first published on 3 August 2026 and updated on 28 September 2026. When we checked, it gave no deadline, start date, pay or graduation year.
- The job. New traders get “significant trading responsibilities within weeks to months of being on the desk”. They join a “year-long firmwide educational curriculum”.
- Who can apply. “We don’t have a GPA or degree requirement, and we hire students of all tenures from many different universities and concentrations.”
03/10
What Jane Street looks for
Jane Street says it is “more interested in how you think and learn than what you currently know”. Have one example ready for each trait.
“A strong quantitative mind”
Show it by: a maths, science or puzzle result you can explain step by step.
Probability and expected value
Show it by: working one guide question out loud, start to finish.
“A collaborative problem-solver”
Show it by: a team project where you built on someone else’s idea.
“Eager to ask questions, admit mistakes”
Show it by: taking a hint in practice and changing course.
Clear communication
Show it by: thinking out loud in every practice question.
Programming, as a plus
Show it by: one project in any language. The ad says no particular language is required.
What Jane Street says, in its own words
- Finance. “Problem-solving mindset: required. Finance background: optional.” The ad adds: “If you’ve never thought about a career in finance, you’re in good company.”
- The test. “We won’t test you on knowledge of finance or economics. Instead, we’ll try to get a sense of what it’s like to work with you to solve a problem.”
- People. Jane Street says the candidates it hires “are humble, pleasant to work with, and open to feedback”.
- Beyond maths. Its 2022 video names “communication intuition tenacity and teachability”.
04/10Stage 1 · Apply
How to apply
Apply now. There is no deadline.Apply now. Check the ad for any closing date.This year’s ad has closed. Jane Street’s FAQ on deadlines says: “We don’t typically have one; our applications are reviewed on a rolling basis. We do recommend applying as soon as possible, though.”
Jane Street also says: “we recommend applying when you feel ready. And we think feeling ready means that you would be prepared to interview within the next few weeks.”
1
Find the ad
Job 8576270002, London
2
Send your CV
No cover letter needed
3
Hear from a recruiter
“in just a few days”
4
Book your calls
Weekdays, local business hours
One form is enough. Jane Street says: “When we receive an application, we consider it for all open roles globally.” London also has seven other new-grad roles, from Quantitative Researcher to Software Engineer. They are different jobs.
The form, cover letters and other offers
- Required. Your contact details, your CV and three short questions, such as whether you are a student.
- Optional. Your university, subject and the “Year you expect to begin full time employment”. Other boxes ask about your recruiting timelines and whether you need a visa or entry permit for your interviews.
- Cover letter. “Nope! If there’s something you think we should know about that doesn’t fit nicely onto your resume/CV, feel free to include it in the text box at the bottom of our application.”
- Who reads it. Every application is “reviewed by an actual human”. Jane Street aims to reply “ideally within a week or so”.
- Another offer. “Tell us! We can often work with you to expedite your interview process”.
- Pace. Jane Street suggests you go through its process “at the same rate as any other companies you’re looking at”.
Your CV: do and don’t
Do
“Top 5% in a national maths contest. Coached two first-years to the next round.”
Give a result you can explain step by step, plus one sign you work well with others.
Don’t
“Passionate about finance and markets”
Jane Street says finance is optional. Show how you think instead.
Your CV is the main thing Jane Street reads. Our CV achievement examples help you put a result on each line. Our guide to writing a strong CV shows what recruiters look for first. Getting ready to apply for jobs in the UK? Check your CV for free: see it the way a recruiter does, then fix each problem.
Save Jane Street and over 2,000 other UK schemes to one free calendar. See what closes next and what you have applied to.
Track my schemes freeFree account, no card.
Not ready yet? Other ways in
- Year of study left: the internship. Jane Street’s London trading internship runs “June-September”. It includes “intensive classes, workshops, and team-based mock trading sessions”.
- First year, faced barriers to STEM: FOCUS. FOCUS runs 13 January to 16 January 2027.ran from 13 January to 16 January 2027. Applications close at 23:59 GMT on Sunday 8 November 2026.This year’s FOCUS ad has closed. Its deadline was set for Sunday 8 November 2026.
- First-year undergraduates: FTTP. FTTP is “a team-based mock trading simulation game”. It runs 21 March to 25 March 2027.It ran from 21 March to 25 March 2027. Applications close on 3 January 2027.This year’s FTTP ad has closed. Its deadline was set for 3 January 2027.
- Women, transgender and gender-expansive students: INSIGHT. INSIGHT runs 5 April to 10 April 2027.ran from 5 April to 10 April 2027. Applications close on 3 January 2027.This year’s INSIGHT ad has closed. Its deadline was set for 3 January 2027.
- First- and second-year students: Bridge. Bridge has two tracks: Strategy and Product, or Institutional Sales and Trading. It runs 1 April to 3 April 2027.It ran from 1 April to 3 April 2027. Applications close on 3 January 2027.This year’s Bridge ad has closed. Its deadline was set for 3 January 2027.
- Turned down before? “We usually recommend waiting to reapply for at least a year (in the case of current students)”.
05/10Stage 2 · Get ready
No online test: what Jane Street tests
There is no online test. Jane Street says its process is “phone interviews at the start, and then in-person interviews for the final stage”. No Jane Street page names a test provider.
So you are tested in conversation with a trader. Jane Street says what helps most is “an intuitive grasp of probability and expected values and having some familiarity with the most commonly used tools in those domains”.
Jane Street’s 2022 video says: “you’re welcome to use a pen and paper but we ask that you don’t use a computer or calculator”.
Each skill, in Jane Street’s words
- Numeracy, not speed. “We really don’t care whether you can compute what 37.2 times 93 is”. But “something we do look for is numeracy”, such as knowing the average of 1 to 1000 is roughly 500.
- Accuracy. “Being fast is nice but being accurate is more important”.
- Games. “Some of the questions may involve another person playing a game with you and taking actions that you may not be able to predict”.
- Markets. Jane Street’s Probability & Markets guide covers counting, expected value, conditional probability, making markets and adverse selection.
The rules: allowed and banned
Allowed
- Pen and paper
- Asking clarifying questions
- Taking the time you need
- Saying you are not sure
Banned
- A calculator
- A computer
From Jane Street’s 2022 overview video and its guide, which says: “It’s totally fine to say that you’re not sure about your answer”.
Go further: the best outside help
Our own picks, checked on 15 October 2026. We are not linked to any of these sites and earn nothing from them.
From Jane Street
- Probability & Markets guideJane Street · PDF, 13 pages · no account neededJane Street’s own guide to its interview maths, from counting to making markets.Free
Practise
- FiggieJane Street’s trading card game · play as a guest · no account neededPlay against bots to practise bidding and offering when you cannot see all the cards.Free
- Jane Street PuzzlesJane Street · new puzzle every month or two · no account neededStretch practice for patient, careful reasoning. Harder than interview questions.Free
- Introduction to Probability and StatisticsMIT OpenCourseWare · Spring 2022 · no account neededA full course with problem sets and worked solutions on probability and expected value.Free
Next: Jane Street’s questions reward calm, step-by-step logic. Our tips for logic tests help you practise breaking a problem down.
06/10Stage 3 · Interviews
Jane Street trading interviews
How this interview works
Phone interviews with traders come first. Jane Street says: “All of your interviews will be conducted by quantitative traders”.
Phone interviewsEarly rounds
Simpler problem solving · Basic probability · Pen and paper
Final roundIn person
More open-ended · Coding · Data analysis · General interests
Jane Street’s 2022 video says two to three phone interviews. It says “questions will increase in complexity” as you go.
Jane Street says the interview is “a lot more like a conversation than a quiz”.
“If we’re speaking to you on the phone, you should wait for our call.” Poor connection or no phone? Tell Jane Street ahead of time, and it will set up Zoom. It interviews “from Monday to Friday” only.
What Jane Street says about getting it wrong
- Mistakes. “Saying or doing something wrong during our interviews does not mean that you’ve automatically failed”.
- Hints. Its guide says it cares about “how you take hints and respond to being wrong”.
- Right answers. “Simply getting the right answer isn’t enough.”
- Rumours. “Don’t believe everything you read. If you’re curious about something you’ve heard, ask us about it!”
How to answer
Jane Street’s four tips
Jane Street’s Trading Interviews page gives four tips. Its 2022 video adds: “we strongly encourage you to think out loud”.
Approach methodically
Restate the problem. Then take one step at a time.
Communicate clearly
Say what you are trying and why, as you go.
Correct your mistakes
Say so when you spot one, then fix it.
Ask why
Ask questions until you understand the problem.
When you are stuck
Jane Street’s 2022 video says: “make assumptions and come up with a reasonable first pass strategy”. Then improve it.
Moves Jane Street names
- “Making simplifying assumptions”. Say each one out loud.
- “Trying smaller cases first”, such as 2 players instead of 100.
- “Working backwards” from the last round of a game.
- A quick sanity check: is the answer the right size?
See our guides on how to pass a job interview and the toughest interview questions.
Practise: one question at a time
Questions in quotes come from Jane Street’s Probability & Markets guide and its 2022 mock interview. The answers are ours. Try each with pen and paper first.
Probability and expected value
Counting
“What’s the probability of getting a sum of 10 when you roll 2 d6s?”
What they’re testing: counting outcomes with care.
Show a strong answer
- Treat the dice as different, so there are 36 outcomes. Three give 10: 4 and 6, 5 and 5, 6 and 4. So 3/36, or 1/12.
Conditional
“If I flip 3 coins, what’s the probability that I get exactly 2 heads given that I get at least 1 tail?”
What they’re testing: updating on new information.
Show a strong answer
- Seven of the 8 outcomes have a tail. Three of those have exactly 2 heads. So 3/7.
Expected value
“What is the expected value if the die is reweighted so that 6 occurs half the time?”
What they’re testing: stating an assumption.
Show a strong answer
- Say your assumption: the other five faces share the other half equally. Then 6 × 0.5 + 15 × 0.1 = 4.5.
Recursion
“Suppose you flip a coin until you see heads. How many flips do you expect to need?”
What they’re testing: a neat way into a long sum.
Show a strong answer
- Call the answer E. You use one flip, then half the time you start again. So E = 1 + E/2, and E = 2.
Making markets
Market
Make a market on “The outcome of a 20-sided die roll (d20).”
What they’re testing: pricing around expected value.
Show a strong answer
- The expected value is 10.5. Bid below it and offer above it, for example 10 at 11. Then say why you chose that width.
Market
Make a market on “The maximum of 3 d6 rolls.”
What they’re testing: a quick estimate before exact maths.
Show a strong answer
- Guess first: above 3.5, likely near 5. The exact value is about 4.96. Centre your market there, for example 4.5 at 5.5.
Who decides
Make a market on a d6 with “a choice to reroll once if you don’t like the first roll”. Who gets to decide?
What they’re testing: asking the right question first.
Show a strong answer
- If the holder decides, they reroll 1 to 3, which is worth 4.25. If the seller decides, they reroll 4 to 6, which is worth 2.75. Ask before you price.
Risk
“1,000,000 times the outcome of a six sided die. How would you feel if I hit your bid and the roll ended up a 1?”
What they’re testing: size and risk, not only value.
Show a strong answer
- The value is 3.5 million, but one bad roll costs a lot. Say you would trade smaller or widen your market, and why.
The mock game
Part 1
A 20-sided die shows 1. For 100 rounds, you either roll it or take dollars equal to the face. “How would you play this game and how much money do you think you’ll make on average?”
What they’re testing: clarifying, then comparing simple plans.
Show a strong answer
- Clarify the rules first: a roll pays nothing, so each roll costs a round. Then compare simple rules, such as rolling until you get 18 or more, then taking it every round. In the video, that rule earns about $1,767.
Part 2
Now taking the money also takes the die off the table. You must roll again before you can take money again. How does your plan change?
What they’re testing: adapting a plan to a new rule.
Show a strong answer
- Each payout now costs a roll, so take lower faces. In the video, the answer is to take anything 6 or higher. The quick check: you earn about $5 a turn, so a 7 is worth a turn.
Part 3
Back to part 1, but after you take money, the casino may re-roll the die to cut your winnings. How does this version work?
What they’re testing: a game against another player.
Show a strong answer
- Ask when the casino would re-roll. A first guess: whenever the face is high. Then test simple rules again. The trader says it may be too complicated to solve exactly, so a sound first plan is enough.
Recap
After the mock, what did the trader praise?
What they’re testing: the habits behind the maths.
Show a strong answer
- Clarifying until the question was clear. Talking through each step. Breaking the problem “into smaller and more solvable pieces”. Taking hints and running with them.
Our tip: watch the mock with a friend. Pause at 01:52, once part 1 is set. Talk through your plan out loud for five minutes, pen and paper only. Then watch the answer. Part 2 starts at 07:34 and part 3 at 14:24.
Your story bank: a worksheet to print or copy
The final round includes “general interests”. Jane Street also weighs these traits beside maths. Note one true example for each.
| Trait | Story 1 | Story 2 |
|---|---|---|
| Communication | ||
| Intuition | ||
| Tenacity | ||
| Teachability | ||
| Working in a team | ||
| Admitting a mistake | ||
| A general interest you love |
Go further: the best outside help
Our own picks, checked on 15 October 2026. We are not linked to any of these sites and earn nothing from them.
From Jane Street
- Trading InterviewsJane Street · no account neededThe topics, the four tips and the full mock video.Free
- Interviewing FAQJane Street · no account neededJane Street’s own answers on deadlines, visas, travel, hearing back and reapplying.Free
Watch
- A Jane Street Trading Mock InterviewJane Street on YouTube · Nov 2022 · 25:42Two Jane Street traders run a full mock. Pause before each answer and try it yourself.Free
- An Overview of the Jane Street Trading Interview ProcessJane Street on YouTube · Nov 2022 · 6 minA trader and a recruiter explain what they look for. No calculator, and accuracy beats speed.Free
Jane Street recruiters write only from Jane Street email addresses and never ask for payment or bank details. See its fraud warnings.
07/10Stage 4 · Final
Final round and offer
The final round is in person. It covers “problem solving, probability and statistics, coding (in any language of your choice), data analysis, and general interests”.
Travel and hotel
“We’ll book everything for you and take care of your travel and hotel costs.”
What to wear
“We’re a casual office, so many of us wear jeans and a t-shirt most days.” Arrive “10-15 minutes ahead”.
Hearing back
“You should hear back from us within a week.” It replies either way. No word? Ask your recruiter.
Pay and start date
Jane Street publishes neither for London. Ask your recruiter.
Key dates: Jane Street London
3 Aug 2026
The London new-grad trader ad was first published
28 Sep 2026
The ad was last updated
17 October 2026
The ad was live when we checked, with no deadline
17 October 2026
The ad was live when we checked. See it for any closing date
Now
This year’s ad has closed
8 Nov 2026
FOCUS closes, 23:59 GMT
8 Nov 2026
FOCUS applications were due by 23:59 GMT
3 Jan 2027
FTTP, INSIGHT and Bridge close
3 Jan 2027
FTTP, INSIGHT and Bridge applications were due
08/10
Visa sponsorship
Jane Street does not say whether it sponsors this London role. Its FAQ says: “This changes from office to office, and depending on the role. Check with your recruiter if you’re not sure whether we’ll sponsor for the position you’re considering.”
Silent
The London ad, on sponsorship
Recruiter
Your contact for visa questions
2 years
Graduate visa, if you apply by 31 Dec
We checked Jane Street’s FAQ on 15 October 2026. GOV.UK says the Graduate visa lasts “2 years if you apply on or before 31 December 2026” and “18 months if you apply on or after 1 January 2027”.
Our reading: raise your visa early with your recruiter. The form also asks if you need a visa or entry permit to attend interviews.
See our guides to staying in the UK after studying, UK companies that sponsor visas and jobs in the UK for foreigners. This is general information, so check GOV.UK.
09/10
Key takeaways
Before you apply
- Apply now if you could interview within a few weeks. There is no deadline.Apply now if you could interview within a few weeks. Check the ad for any closing date.This year’s ad has closed. Watch Jane Street’s jobs page for the next one.
- There is no online test. Phone interviews with traders come first.
- Practise probability and expected value with pen and paper, out loud.
- Accuracy beats speed. You need no finance knowledge and no fast mental maths.
- The final round is in person, and Jane Street pays for travel and hotel.
- Pay, start date and visa sponsorship are not on the ad. Ask your recruiter.
- One application is considered for every open Jane Street role worldwide.
When a scheme gives a close date, we email you a few days before it closes. Save Jane Street once and the reminder is set.
Set my reminders freeFree account, no card.
10/10
Frequently asked questions
Is there a deadline for Jane Street’s London Quantitative Trader role?
No. Jane Street says: “We don’t typically have one; our applications are reviewed on a rolling basis. We do recommend applying as soon as possible, though.” The London new-grad ad was live when we checked on 17 October 2026.Check this year’s ad for any closing date. Jane Street’s FAQ says it does not typically set one.This year’s London new-grad ad has closed. Jane Street’s FAQ says it does not typically set a deadline and reviews applications on a rolling basis. Whenever you apply, Jane Street suggests doing it when you could interview within the next few weeks.
Do I need a finance background or a maths degree?
No. Jane Street says: “Problem-solving mindset: required. Finance background: optional.” It has no GPA or degree requirement. Its interviews test probability, expected value and how you reason, not finance or economics knowledge.
Does Jane Street have an online test for traders?
Jane Street describes none. Its Trading Interviews page says the process is phone interviews at the start, then in-person interviews for the final stage. The application form has no test link.
How many interviews are there?
Jane Street’s 2022 overview video says two to three phone interviews. Its Trading Interviews page says in-person interviews follow for the final stage. Quantitative traders run all of them.
Can I use a calculator in a Jane Street interview?
No. Jane Street’s 2022 video says you are welcome to use a pen and paper, but asks that you do not use a computer or calculator. It also says accuracy matters more than speed.
Will Jane Street sponsor my visa?
Jane Street does not say for this London role. Its FAQ says: “This changes from office to office, and depending on the role. Check with your recruiter if you’re not sure whether we’ll sponsor for the position you’re considering.” We checked this on 15 October 2026.
If Jane Street turns me down, can I reapply?
Yes. Jane Street says: “We usually recommend waiting to reapply for at least a year (in the case of current students).” It adds that plenty of people who work there did not get through the process the first time.
