Make money doing the work you believe in
This is Tim Reynolds.
He co-founded Jane Street Capital, which traded $17 trillion in securities in 2020.
The result?
Trading revenue of $10.6 billion by March 2021.
Here's how they do it:
Jane Street makes money in ETF arbitrage and high-frequency trading.
The firm ended 2020 having traded $4 trillion in global equities, $1.4 trillion in bonds, and $3.9 trillion in ETFs.
Jane Street is an authorized participant in 2,600 ETFs and the lead market-maker on 506 ETFs.
This plays an important role in maintaining ETF liquidity and of course lets Jane Street earn money arbitraging price differences.
Jane Street is famous for using OCaml, a niche functional programming language.
This sets it apart from others that use C++, Java, and Python.
It lets Jane Street attract exceptional programmers.
Jane Street is famous for its unique interview process.
Candidates often face complex questions related to probability, mental math, and algorithmic thinking.
This is another way Jane Street gets the best talent.
