---
title: 'Tools & Compilers Research and Development at Jane Street'
canonical: 'https://feeny.ai/job/tools-compilers-research-and-development-jane-street-london-england-15tcn33kpvbf'
type: 'job'
last_seen: '2026-09-10'
---

# Tools & Compilers Research and Development at Jane Street

- **Company:** Jane Street
- **Location:** London England, United Kingdom
- **Posted:** 2022-01-27
- **Last confirmed live:** 2026-09-10
- **Apply:** https://www.janestreet.com/join-jane-street/apply/5866838002?gh_jid=5866838002

## Job description

## About the Position

We are excited to announce research internships in our Tools and Compilers group. We're looking for PhD and masters students with outstanding research experience in programming languages, compilers, verification, and related areas.

Jane Street's Compilers team focuses on improving OCaml as a foundation for Jane Street's ever-growing technology stack, in collaboration with the greater OCaml community. We work on many different aspects of the compiler, aiming to make it easier for developers to express their ideas in OCaml, to improve the performance of the generated code, and to make the OCaml compiler itself faster and easier to use.

Over the years, we extended the type system with support for novel language features, re-engineered the optimizer ground-up, and added feedback-directed optimization. We also extend and enhance the surrounding toolchain, working on tools for profiling, debugging, documenting, and building automation. The vast majority of our work is open-source, and we upstream as much as we can to the mainstream OCaml compiler.

During the internship, you will work in collaboration with your mentors on one project for about 10-12 weeks. You'll learn how we use OCaml in our day-to-day work, and gain exposure to the libraries and tools that are foundational to our internal systems. You'll gain a better understanding of the wide range of problems we solve every day. You'll try out new ideas and apply state-of-the-art research to a large actively-developed production codebase.

We'll pick a project that combines your research background with our active work on the OCaml compiler and core libraries. Example project areas include:

- Type systems that track locality and uniqueness
- Formal verification of OCaml programs
- New language features for systems programming
- Compiler testing and validation

You'll also be able to access our physical and virtual educational resources, attend guest speakers and social events, and hopefully get a real sense of what it would be like to work here full-time.

## About You

We're looking for PhD and masters students with outstanding research experience in programming languages, compilers, verification, and related areas. We don't expect you to have a background in finance, OCaml, or functional programming. Please include the list of your peer-reviewed publications in your resume.

## About Jane Street

## Company Overview
- **One-liner**: Jane Street is a global quantitative trading firm and liquidity provider that uses sophisticated technology, machine learning, and deep market expertise to trade financial products across equities, bonds, options, and ETFs.
- **Entity Type**: Private (not publicly traded)
- **Headquarters**: New York, USA (with offices in London, Hong Kong, Singapore, and Amsterdam)
- **Founded**: 2000
- **Founders**: Not publicly disclosed as a single founder group; the firm was founded by a team of quantitative traders and technologists.

## Core Business
- **Primary industry/industries**: Quantitative finance / Proprietary trading / Market making
- **Target customers**: Institutional clients (asset managers, pension funds, insurance companies, hedge funds) and global exchanges; the firm acts as a liquidity provider on over 200 electronic exchanges.
- **Mission or purpose statement**: “Solving the puzzle of global markets” — a research-driven approach to trading, blending human intuition with cutting-edge quantitative analysis.

## Products & Services
- **Market Making**: Jane Street provides continuous, two-sided quotes on equities, ETFs, bonds, options, and other instruments, helping keep prices consistent and reliable across global markets.
- **Proprietary Trading**: The firm trades its own capital across a wide range of asset classes, using sophisticated models and automated strategies.
- **Institutional Sales & Trading**: Partners with asset managers, pensions, and insurance companies to provide trading solutions and access to differentiated liquidity.
- **Technology & Infrastructure**: Builds all critical software in-house (trading systems, risk management, data analysis tools), using the OCaml functional programming language.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private firm). Industry estimates suggest Jane Street is one of the world’s largest and most profitable market makers, with annual trading volumes in the trillions of dollars.
- **Key Metric**: Not publicly disclosed. The firm is widely reported to have generated billions in annual revenue and profit, though exact figures are private.
- **Notable Investors/Partners**: 100% employee-owned. No external investors. Partners include top institutional clients globally.
- **Growth Signals**: Jane Street has grown every year in team, capital, and global presence since its founding in 2000. It has expanded from a focus on ETFs into equities, bonds, options, and other asset classes. The firm continues to invest heavily in machine learning and quantitative research.

## Competitive Advantages
- **Technical Moat**: Builds almost all software in-house using OCaml, a statically typed functional language that provides high reliability, real-time visibility, and performance at market scale.
- **Data & Scale**: Trades on 200+ electronic exchanges globally, processing trillions of historical events to uncover both sub-microsecond and long-term market inefficiencies.
- **Talent Density**: A culture of intellectual curiosity and collaboration across trading, research, and technology teams. The firm is known for hiring top minds from any background (math, physics, CS, engineering) and training them in-house.
- **Long-Term Track Record**: Over 20 years of consistent growth and profitability, navigating volatile markets with a disciplined, research-driven approach.

## Strategic Focus
- **Machine Learning & Quantitative Research**: Deepening the use of ML techniques across all trading strategies, from high-frequency to long-term systematic models.
- **Global Expansion**: Continuing to grow its presence in existing offices (NY, London, HK, Singapore, Amsterdam) and exploring new markets.
- **Technology Investment**: Ongoing investment in infrastructure, hardware (e.g., programmable hardware, high-performance computing), and software tools to maintain a competitive edge.
- **Talent Pipeline**: Heavy focus on recruiting interns and new grads, as well as experienced hires, with structured programs for learning and mentorship.

## Why Work Here
- **Culture**: Described as “open and collaborative,” with porous boundaries between trading, research, and technology. Intellectual humility and curiosity are highly valued.
- **Learning & Development**: Offers immersive internships, multi-day programs, direct mentorship, and a week abroad for interns. Full-time employees have access to extensive internal training, a library, and classrooms in every office.
- **Work Environment**: Most employees write code as part of their regular work. The firm is known for its technical excellence and for using the most advanced tools available.
- **Benefits**: Daily breakfast and lunch, fully-stocked kitchens, on-site gyms, nursing suites, quiet rooms, recreation spaces, health services, and more. Offices are designed for collaboration and deep focus.
- **Remote/Hybrid Policy**: Not explicitly stated, but the firm emphasizes in-person collaboration on trading floors. Offices are located in major global cities.
- **Diversity**: Actively seeks people from all backgrounds and emphasizes that the company is only as strong as its people.

## Sources
1. [janestreet.com - Home](https://www.janestreet.com/)
2. [janestreet.com - Overview](https://www.janestreet.com/join-jane-street/overview/)
3. [janestreet.com - What We Do](https://www.janestreet.com/what-we-do/overview/)
4. [janestreet.com - Departments](https://www.janestreet.com/join-jane-street/departments)
5. [janestreet.com - Open Roles](https://www.janestreet.com/join-jane-street/open-roles/)

## Other roles at Jane Street

- [Quantitative Researcher](https://feeny.ai/job/quantitative-researcher-jane-street-hong-kong-cag69vejmhn7) — Hong Kong, Hong Kong
- [Quantitative Trader](https://feeny.ai/job/quantitative-trader-jane-street-hong-kong-1axfz61mtsy7) — Hong Kong, Hong Kong
- [Data Center Operations Engineer](https://feeny.ai/job/data-center-operations-engineer-jane-street-chicago-xqnz1qv6hqx0) — Chicago, IL
- [Data Center Operations Engineer](https://feeny.ai/job/data-center-operations-engineer-jane-street-austin-texas-k6xskp5en38t) — Austin Texas, United States
- [Trading Desk Operations Engineer](https://feeny.ai/job/trading-desk-operations-engineer-jane-street-london-england-8gkez5pp5khd) — London England, United Kingdom
- [Swag Program Manager](https://feeny.ai/job/swag-program-manager-jane-street-new-york-new-york-jvcang41v6kv) — New York New York, United States
- [Procurement Specialist](https://feeny.ai/job/procurement-specialist-jane-street-new-york-new-york-5f9c5qqwqrzq) — New York New York, United States
- [Recruiting Coordinator - Experienced Hire Recruiting, Technology](https://feeny.ai/job/recruiting-coordinator-experienced-hire-recruiting-technology-jane-street-hong-94p4bxrfy97k) — Hong Kong, Hong Kong
- [Trading Desk Operations Engineer](https://feeny.ai/job/trading-desk-operations-engineer-jane-street-hong-kong-mdbjjwr0c94g) — Hong Kong, Hong Kong
- [Software Engineer](https://feeny.ai/job/software-engineer-jane-street-singapore-5teqb9206e4q) — Singapore