Jane Street · Quant trader / software engineer · SWE / Quant, new grad / intern
Coding Phone Screen
Collaborative, discussion-heavy live coding in your own language and setup
What this round is judged on
- Correctness · working solution with edge cases handled
- Data structures & complexity · clear reasoning about time and space
- Communication · explain approach and iterate on hints
- Language fluency · comfortable in your own tools
Where this round sits
Jane Street’s published process. Lime marks the stage this round runs.
- 01Application
- 02Phone interviews (remote)this round
- 03In-person final round (onsite)
- 04Decision
What happens in each stage›
- Application
- Rolling basis, no deadline. No GPA or degree requirement; interns come from 70+ universities. Jane Street says you can expect to hear from a recruiter within a few days.
- Phone interviews (remote)
- One or more remote interviews to start. For trading these are conversational probability/logic and market conversations with an actual quant trader; for SWE they are live coding. The interviewer calls you (Zoom if connectivity is poor).
- In-person final round (onsite)
- The final stage is in person: multiple back-to-back interviews mixing probability, a market-making game, estimation, a light coding/data-analysis chat, and fit. Jane Street books and pays for travel and hotel; interviews run weekdays only, dress casual.
- Decision
- Jane Street says you should hear back within about a week after the final stage. Reapplication is explicitly allowed (recommended wait ~1 year).
Sources
Built from what Jane Street publishes about its own process and from real interview data. No leaked question lists. The questions you get are generated against your own resume, so they are not from anyone else's interview.
Two-stage process, conversation-not-a-quiz philosophy, any-language coding and OCaml guidance, logistics and reapplication
Trading two-stage structure, final-round content, desired traits, four principles, myth-busting on mental math and theorems
Trading interview syllabus, verbatim example probability/EV questions, market-making game prompts and quoting jargon, adverse selection
Company blurb, roles, 'smart people with curious minds from any background'
Official software-engineering mock interview walkthrough referenced by the interviewing page
Confirms Jane Street SWE levels (L1-L4) and titles including Quantitative Developer and Full-Stack Software Engineer
Sources last checked . Hiring loops change, so this date is the honest limit on everything above.
Other Jane Street rounds
- Recruiter Screen
Light, warm, conversational
- Fit / Why Jane Street
Low-key and genuine, not a McKinsey-style structured behavioral
- Probability & Expected Value (spoken)
Run by an actual quant trader
- Market-Making Game (spoken)
The signature Jane Street round
- Estimation & Problem Solving (spoken)
Fermi/estimation and open reasoning, plus a light data-analysis and general-interests chat
- Onsite Coding
Harder onsite live coding, same collaboration-over-a-right-answer ethos