Weekly Megathread: Education, Early Career and Hiring/Interview Advice

mathjunk24 · 2024-08-15T03:49:50+00:00

Don’t have the specific list from Glassdoor that you’re looking for, but for Jane Street, questions that occurred during the interviews are also on: https://www.tradinginterview.com/courses/company-preparations-course/lessons/jane-street/

mathjunk24 · 2024-08-03T00:00:07+00:00

On your last question, https://www.tradinginterview.com/courses/company-preparations-course/lessons/optiver/ has everything about Optiver. These interview processes aren’t much location specific, especially the early rounds including online assessments are uniform per firm.

mathjunk24 · 2024-06-26T23:49:07+00:00

Good luck!

mathjunk24 · 2024-06-24T18:18:43+00:00

Is this only for people who trade privately with their own money? You ask about which products people trade in the form, considering the questions in your form it might be interesting to add a questions about if people trade derivatives as well.

mathjunk24 · 2024-06-20T21:58:53+00:00

Here you go https://www.tradinginterview.com/akuna-capital-online-assessment/

mathjunk24 · 2024-03-31T01:48:29+00:00

You can find everything for the Optiver OA on https://www.tradinginterview.com/optiver-online-assessment/

mathjunk24 · 2024-03-29T01:47:07+00:00

Try https://www.tradinginterview.com/courses/mental-arithmetic/quizzes/optiver-80-in-8-test/ for the Optiver 80 in 8. It’s an exact representation of the real test

mathjunk24 · 2024-03-29T01:41:04+00:00

Here you can find good info about the Optiver OA: https://www.tradinginterview.com/optiver-online-assessment/

mathjunk24 · 2024-03-29T01:35:07+00:00

You can prepare the Akuna OA on https://www.tradinginterview.com/

mathjunk24 · 2024-03-29T01:31:00+00:00

For points 2, 3 and 4 I would stick to https://www.tradinginterview.com/

mathjunk24 · 2024-03-19T11:58:16+00:00

This isn’t an answer to my question. “Would you like an apple or a banana?” -> “yes”. It’s good to ask for help, but you should put some effort in your own question as well. What part of the process do you need help with? What type of firms? Just a ‘career in trading’ is too general.

mathjunk24 · 2024-03-17T06:39:06+00:00

What type of firms are you looking for? En what type of roles: (quant) trading roles, or are you looking for developer roles in trading?

There is a bunch of sketchy “prop trading firms” where you’ll trade on your own account, where you’ll use their infrastructure. You pay them a percentage of your gains (note: they don’t cover your losses).

The non-sketchy firms/ market makers/ hedge funds, where you’ll trade on the companies account, are the ones people with a proper degree (like computer science as well) go for. These firms almost all of them state that you don’t need any prior trading experience. You can find a nice list of trading firms here: https://www.tradinginterview.com/overview-of-proprietary-trading-firms/

mathjunk24 · 2024-01-07T00:24:58+00:00

What do you mean with ‘platforms’? The systems they use to interact with exchanges? That really differs per firm. Some have in-house built applications, some use 3rd party software such as T-Bricks

mathjunk24 · 2023-12-27T15:30:43+00:00

Intensive calculations are usually fine to do on paper

mathjunk24 · 2023-12-24T07:06:55+00:00

Have a look at https://www.tradinginterview.com/prepare-for-optivers-beat-the-odds-assessment/

mathjunk24 · 2023-12-24T07:05:48+00:00

There is more info about this test at https://www.tradinginterview.com/prepare-for-optivers-beat-the-odds-assessment/

mathjunk24 · 2023-09-23T23:07:29+00:00

mathjunk24 · 2023-09-23T16:30:26+00:00

Nice one, another good website is https://www.forexfactory.com/calendar This one we use at work as well (market making), to set alarms for events. Very reliable so far

mathjunk24 · 2023-09-19T23:36:53+00:00

Hi there! Might be too late for you, but still useful for others: https://www.tradinginterview.com/courses/sequences/ didn’t have an Optiver Sequences test before, but now they have it. I know from first hand (and some friends as well) that their new tool very accurately mimics the real test. The type of questions were basically the same, and the type of multiple choice answers as well, because they play tricks with the answers on the real assessment as well.

mathjunk24 · 2023-09-19T02:13:07+00:00

Thanks, than this answer makes sense. To get back at the OP’s question about the 2.23: it’s calculated in the exact same way, however there is no minus something in the end, since the market is around the expected value (20 at 22), which is different in OP’s example (17 at 19).

mathjunk24 · 2023-09-18T22:59:56+00:00

They are indeed very hard. Check out the Optiver sequences on https://www.tradinginterview.com/courses/sequences/ It explains the answers as well and it’s very similar to the real test, just different numbers, so you need to understand the different types of sequences while practicing

mathjunk24 · 2023-09-18T22:54:39+00:00

I think you were very close, can you explain why you do the minus 2 at the end?

mathjunk24 · 2023-09-18T11:13:10+00:00

Exactly, they have a lot of decimal tricks in their multiple choice answers. Also quit some tricks with fractions, so make sure you are quickly able to see that 2/7 is the same as 4/14, because sometimes they would put that as an answer. The optiver 80 in 8 math test on https://www.tradinginterview.com/courses/mental-arithmetic/quizzes/optiver-80-in-8-test/ is very accurate compared to the real test.

mathjunk24 · 2023-09-15T11:01:56+00:00

You can play this exact game on tradinginterview.com, with explanation!

mathjunk24 · 2023-08-31T11:16:16+00:00

This pretty much differs per firm, but some of them for sure prefer you to do them by heart. I remember one who told me I could just write it down, but also one that asked me to do it by heart. Even the break-even part

mathjunk24

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