Jane Street traders, renowned for their financial trading prowess, revealed an evolving list of quirky rules peppered with intriguing side-bets as they started to vet the potential recruit.
The aim? To test whether Bankman-Fried had the problemsolving chops to join the secretive high-speed trading firm that would eventually rival Wall Street behemoths such as Goldman Sachs. The future FTX boss got the internship, was hired full-time and reportedly paid $300,000 (£229,000) in his first year.
Jane Street, which famously tries to avoid the limelight, made headlines last week when it emerged that the firm was advertising New York internships that came with a whopping $250,000 salary.
At that rate, Jane Street's next crop of interns - particularly those involved in quantitative research and engineering - will earn more than the UK prime minister, Keir Starmer, who is paid about £167,000 a year, and the head of the US Federal Reserve, Jerome Powell, who takes home $203,500.
And that is while enjoying a day of breakfast and lunch buffets, mentorship meetings and lectures on anything from coding, to mock trades and, of course, poker.
Denne historien er fra October 21, 2024-utgaven av The Guardian.
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Denne historien er fra October 21, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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