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Home»Explore by countries»Hong Kong»Lone Jane Street Hong Kong intern is the frontrunner in a global trading competition
Hong Kong

Lone Jane Street Hong Kong intern is the frontrunner in a global trading competition

By IslaApril 23, 20263 Mins Read
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We’ve noted in the past that IMC‘s annual trading tournament, Prosperity, can propel you into a major trading internship. Top performers in previous years have gone on to receive internship offers from the likes of Jane Street and Susquehanna. The current standout performer this year’s space-themed event doesn’t need the help, it seems.

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In qualifying rounds, a team named ‘Vibing’ in Australia finished with a score more than 16% higher than the second placed competitor. A viral LinkedIn post now suggests that it’s not a team at all and is instead Lachlan Dauth, a University of New South Wales student set to intern at Jane Street in Hong Kong this summer.

As the name might suggest, Dauth said that he used a lot of vibe coding in his process (via Claude). He said it assisted in “strategy ideation, backtest debugging, and tooling iteration,” which he worked on in parallel.

Dauth’s Github resume suggests that, after Jane Street, he also has internships lined up at both Jump Trading and Hudson River Trading in Singapore, running through to the summer of 2027 when he graduates. Like many of the students sought after by trading firms, he is an Olympiad gold medalist in Australia; recruiting for trading firms can start as early as high school if you perform well in those competitions. 

In addition to recruitment opportunities, Prosperity also shares a $25k prize pool among the winners. It’s not too likely that Dauth is in it for the prize money given the extraordinary amounts interns earn in electronic trading. They don’t break down pay in Asia but, in the US, Jane Street pays $5.8k per week. The signing bonus alone at Hudson River Trading in New York is equivalent to the entire Prosperity prize pool.

Have a confidential story, tip, or comment you’d like to share? Contact: WhatsApp: http://wa.me/442079977910 (+44 20 7997 7910), Telegram: @AlexMcMurray, Signal: @AlexMcMurrayEFC.88 Click here to fill in our anonymous form, or email editortips@efinancialcareers.com.

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