The Wall Street Oasis Trading Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the trading industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please navigate here. ...
|2||3 weeks 19 hours ago|
Has anyone heard of Clinton Group before? I've got a final round onsite interview for a junior stat arb researcher role. Could anyone maybe shed a little light on the firm's culture, work-life balance, growth outlook ... etc. I searched online and got very limited info. Anything is highly apprecia...
|1||7 min 20 sec ago|
Feel free to post deadline dates and whether or not apps are open on here and I will continue to add. As you can tell, I have more names to add as well so just let me know who I left off and I will add: Wells Fargo: ClosedGoldman Sachs: Open Now (Deadline in December)J.P. Morgan: Open NowBank of Ame...
|44||59 min 38 sec ago|
Got an offer to the JPM Asia Jumpstart for Markets. Can anyone tell me how the process is like, and how the written translation test is like? ...
|18||3 hours 48 min ago|
What does the Goldman Sachs Multi Asset Desk do? What type of products do they trade? And I am not talking about the cross-asset desk, i understand this desk but there is another desk call the Multi Asset Desk based in the Jersey City office and I am curious about that one. Thanks guys! ...
|0||5 hours 38 min ago|
SnapCash Binary is the new star of the binary options industry. It is an automated system for online investments created by Austin Ford and just introduced to the binary community. This Snap Cash review by legitbinaryreview,com will provide you every details about its abilities and performance, both...
|0||7 hours 2 min ago|
I've recently received an offer from Akuna Capital, and was wondering if people had any opinions on this prop shop? Is this a reputable shop, have there been horror stories from this shop, etc? Compensation (base salary) is on-par with many of the top firms (such as Optiver, Jane Street, etc), but h...
|8||13 hours 4 min ago|
I have an interview coming up for a first year sales analyst position on the Credit Sales & Trading Desk. They trade investment grade debt with a focus on the energy sector. The interview is in 2 weeks. How can I prepare for this in the best way possible? ...
|1||1 day 58 min ago|
I'm pretty fuzzy on what exactly has been enforced on the Volcker rule, and how sell-side traders currently operate. From what I'm aware, buy side traders in AM act as executionists, taking orders from PMs and make the proper trades in the market. prop Traders/HF traders can act as market makers an...
|4||1 day 1 hour ago|
Whats the difference between a desk analyst, commercial analyst and trading analyst? and do these roles differ in commodity firms ...
|1||1 day 2 hours ago|
Hello friends! I've been doing FX Flow business and a little bit of derivatives in several big international banks. FX corp Sales. (I'm not in US). I mostly communicate with local clients and local treasuries of multinational corps. I have around 5-6 years of experience in this field. Trying to do...
|3||1 day 3 hours ago|
Hey All, Just wanted to get your thoughts on the movement of BPL today. The stock fell 4% following a couple things all announced at once. 1) Earnings - Beat estimates by a fair amount. Other financials metrics represented upside surprises as well. 2) 50% acquisition of VTTI - a global terminaling b...
|0||1 day 5 hours ago|
Due to my lack of knowing many experienced traders I wonder what happens to those who start and get laid off after 4-7 years, or even longer, for those that make it to 32/33 and due to one reason or another get cut, what sort of career options are available to them? I'd hate to go back to school to ...
|13||1 day 7 hours ago|
A topic on this hasn't been posted to in a while; now that the test has been around closer to a year, I'd like to see some more comments on it. Early posts made it sound horrifically hard - is that still the consensus? Anybody who used PassPerfect, how accurate did you find the practice tests from t...
|3||1 day 19 hours ago|
For those that are starting in sales & trading this year or next, which products or desks likely have the best career trajectories ahead of them? ...
|1||2 days 1 hour ago|
A brand new binary options system, released under the name of Orion Code Launch by Edward Robinson, was released onto the market in the preceding weeks. Orion Code is going viral in the recent binary options marketplace. In fact, binary trading software is holding between top three positions in the ...
|0||2 days 2 hours ago|
Let me start off by clarifying. By trading I'm not referring to investing or trading part-time while you do other things (such as hold down a full-time job). I'm talking about those people who want to take a shot at trading for a living, as their primary or only source of income. I'm not only talkin...
|59||2 days 8 hours ago|
Hey guys, long time lurker, first time poster. I am a rising economics and political science (double major, not that it matters) senior, and I am super interested in commodities trading. Physical commodities seems particularly interesting, however, I'm still 'new' so it all seems great. I have be...
|17||2 days 10 hours ago|
I have an interview with Trafigura this week for their grad program, the oil and gas side. Does anybody have any insight or recommendations to prepare for the interview? I have 2 interviews that are 1.5 hours each and they're competency based. ...
|7||2 days 17 hours ago|
I got a full time offer from DB's non-new york office. Is it rational to accept the offer given DB's current situation? Still recruiting for other banks but the chance is getting an offer at this point is kind of small given the timeline. ...
|5||2 days 19 hours ago|
What products do you anticipate will be hot over the next few years? Which desks tend to have the best exit ops and most transferable skills? ...
|7||3 days 32 min ago|
I am currently conduct a study for my International Business course. In doing so I must determine the 1 YR Forward Exchange Rate for the USD/EURO; however, I am having some trouble understanding the charts. How do I calculate the FER with the given information. I was told to take the 1 yr bid of 184...
|5||3 days 6 hours ago|
Although this is my first post, I've been a lurker here for 5+ years. I'm in my last year studying mathematics at one of Oxbridge as an undergraduate, looking to apply in London for full time positions as (1) a junior trader at a proprietary firm (not arcade), or, failing that, (2) an analyst in any...
|7||3 days 12 hours ago|
Few questions, 1.) Is electronic trading also trading? If not what is the difference? 2.) what is electronic sales? At Guggenheim there is an opening in electronic trading sales in equities, what would you actually do/sell? 3.) any idea what compensation and exit opportunities are like for this? Th...
|1||3 days 19 hours ago|
Just looking to get some opinions, will banks/firms ever decide to commit an entire desk to CAT Bonds, and what desk is it being traded on right now? Structured Credit? ...
|0||3 days 23 hours ago|
Algo Master System is an excellent trading software for anybody considering the binary options trading industry with minimum risk, maximum profits and the least volume of effort.This software will always trade better than a human can: no emotion, no confusion, no fatigue. It is the revolutionary pla...
|0||4 days 1 hour ago|
Hi, I'm currently interviewing for a position as a junior trader at Flow Traders. From what I've read online through glassdoor, the final round is has a case study. Does anyone have any tips about what to expect or how to prepare? Thanks! ...
|4||4 days 9 hours ago|
What would be the most typical approach for a 2nd year in S&T who has the eventual goal of breaking into the buy side be? ...
|1||4 days 18 hours ago|
Hi, New to WSO, does anyone know what Credit Facilities are for commodities trading companies? reading Trafigura's website right now, they claim they have $33 billion in credit facilities, can anyone explain what the functions of credit facilities are? any educational resource to learn thi...
|6||4 days 21 hours ago|
What are generally some of the differences in trading across the product spectrum of FX and Rates? How do the two cash markets (spot and bills[?]) compare in terms of electronification? What tends to be more complex, short end rates or STIR (FX forwards)? How do the skillsets across FX options an...
|0||4 days 22 hours ago|
Website :http://www.genscape.com/ Does anyone have information regarding this firm, culture, hours, etc? How are their solutions regarded among the commodities world? They have a posting for a power markets analyst position within their commodities analyst program that seems really interesting ...
|4||4 days 23 hours ago|
I have to take some online math tests for banks that I have applied to for S&T. Are they finance math questions or more logic math SAT type questions? ...
|3||5 days 7 hours ago|
I'm just about a year in to trading dairy physicals, not the most exciting but senior guys see 7-figures a surprising amount so I figure I'll push on. Problem is that I'm not impressed with the organization or its prospects going forward. Does anyone know of any U.S. shops with a dairy book or stron...
|0||6 days 10 min ago|
http://www.wsj.com/articles/how-one-goldman-sachs-... ""It goes against everything we've been seeing the last three years," Thomas Hearden, senior trader at hedge-fund firm Skylands Capital LLC, said when he was told about Mr. Malafronte's trades. Mr. Malafronte's trades were a rare positive during ...
|4||6 days 2 hours ago|
anyone have any insight into the summer analyst interview? for the new york office. will be flying in for the 30 min first round then will hear if I make it to final round, which is the next day. I don't have much experience in trading at all so any advice or tips would be appreciated! ...
|9||6 days 3 hours ago|
I am very happy to see the stock market bloom at the end of the year. I am curious what other people's choice on good stocks. I invested in DB for sure, and I am extremely happy to see its smoothly rising up to its peak point. Any other good stocks? ...
|0||6 days 4 hours ago|
I have a phone call tomorrow with a FI trader at JPM. What kind of questions can I ask him to impress but also show that I've been following the markets? ...
|15||6 days 9 hours ago|
We all know that the above FO jobs, and basically all FO jobs are more or less Sales. With these jobs, comes the need to develop and maximize your ability to communicate with clients in order to bring business to the firm and generate commissions $$$. We know that you have a default pitch, or market...
|0||6 days 14 hours ago|
People are telling me it's a back-office job. Is this true? It's listed under their "trading" category and is a super revenue driver for them. What are the exit ops like? ...
|0||6 days 16 hours ago|
Does anybody have any information about the compensation for S&T interns at BAML? Is it 70 pro-rate or 80/85? Also, what would be a standard compensation for S&T interns in the industry in general? Thanks!! ...
|2||6 days 18 hours ago|
I knew last week (13th, 14th) only about 30 people went to the superday, but I still hope to get some updates if anyone of you read the thread. I would really appreciate if anyone could tell me whether or when you heard back from the event. Thanks! ...
|1||1 week 4 hours ago|
I've applied for a junior trader position with this firm, and so they've sent me an email with directions to take an online mental math test. Does anybody know what the Akuna test is like, specifically? Can't seem to find too much information about it online. All I know is that there is a 22 minut...
|39||1 week 10 hours ago|
I heard an interesting perspective on Bloomberg recently regarding the new paradigm being taken with low interest rates. Some economist mentioned that the driving factor behind our historically low rates is technological advancement, and that these low rates are here to stay. His reasoning was that ...
|1||1 week 18 hours ago|
It seems like the links on scribd requires a subscription. Can anyone PM me a pdf copy of this book? Thanks! ...
|9||1 week 18 hours ago|
Hey guys, I am relatively new to investing and I have been trading in the foreign exchange markets occasionally making money, and occasionally losing money. I am very interested in currency exchange so I find all of my research captivating. I recently stumbled upon binary options and was wondering i...
|5||1 week 1 day ago|
After checking each BB's website, it looks like most of the S&T campus networking events in the U.S. have already happened, and the remaining events are overseas. By any chance, anyone know of any S&T gatherings in the NYC area in two weeks? Thanks in advance. ...
|0||1 week 2 days ago|
I'm a senior trader with 8 years of experience in the ag markets. I currently trade physicals only but have traded futures and options to a small extent in the past as part of my hedge book. I have experience in grains and a wide variety of other ag byproduct commodities. Feel free to ask me anythin...
|131||1 week 3 days ago|
Has anyone taken this? It is the third part of the trading application process (After numerical test and behavioral interview). What is it like? I heard sequences and probability. ...
|0||1 week 3 days ago|
Title says it all. Is Barclay's a good firm to start out at? Ultimately I'm interested in an algorithmic/quantitative trading career, and I think working at an S&T desk could be a great supplement. How does Barclay's S&T rank across other BB desks? Also, what does a trading role at a BB enta...
|18||1 week 4 days ago|
I am considering moving into trading for a large commodities house. Does anyone here have experience or know of the conditions in the various markets (metals, oil and agricultural)?. I am interested in stuff like: 1. The demand/supply balance for specialists in each field - eg for equity derivs I kn...
|1||1 week 4 days ago|
What are some good questions to ask in an interview for a municipal bond desk??????????????????????? ...
|0||1 week 5 days ago|
I'm currently an execution trader at a $10B hedge fund. I take orders from 3 portfolio managers. 2 PMs send me orders directly and for 1 PM I'm executing based off a pre-defined strategy. I trade US, HK, IJ, and JP equities and equity options. This is kind of boring and I'm thinking about making the...
|16||1 week 5 days ago|
Can anyone here tell me what the energy industry thinks of Dr. Kent Moors of Duquesne University? Specifically: how is he regarded by crude oil traders? I ask because he's increasingly on Fox News preaching visions of doom and gloom. All fine and well. Sometimes, as in the case of Meredith Whitne...
|103||1 week 5 days ago|
Hello everyone, Please forgive me if I have posted this in the wrong forum, I'm relatively new here. I am currently applying for spring week programmes- in S&T where the choice is given- and I need some advice about my cover letter. I have been told that banks expect you to say why you are appl...
|0||1 week 5 days ago|
New hire freeze at DB, how will this affect interns and internship offers that were already given out? ...
|9||1 week 5 days ago|
Tried trading before but couldn't really get into it with the way technical analysis skips the theory and you just end up drawing a bunch of lines on a stock chart. What would happen if I were to say, take a company and build a typical banking model (DCF/Comps/Precedents ) and then use that Enterpri...
|32||1 week 5 days ago|
Hi guys! I was preparing for my S&T interview and came across this:http://www.salesandtradingcareers.com/#/interview-... Has anybody bought the guide? Would love to know whether it is worth the money. ...
|10||1 week 6 days ago|
Hi Guys, I've been focused on IBD for the last 3 years, but I saw Jefferies S&T on my career center and dropped my resume (lol). I've been following the markets for the last year or so, but I have no idea how to prep for this first rounder. I'm going to try and shoot the shit for as long as poss...
Cosimo de' Medici
|3||1 week 6 days ago|
Hi fellas, Wanted to know what kind of summer internship opportunities are out there for students interested in phys trading. I have previous experience in the biz in a fairly niche product, and am shooting for supermajor/trading house development programs FT. I know BP and Shell offer internships ...
|0||1 week 6 days ago|
I have an interview at a BB for FT High-Grade Credit Trading, coming out of a non-target school, have spent the last 3 years Hedge Fund. Was wondering if there is anything specifically I should be studying for prep. Thanks ...
|1||1 week 6 days ago|
Does anyone here know much about precious metals trading? I work in physical base metals and I am somewhat mystified as to what precious metal traders do. There are a bunch of articles on how banks at the London gold and silver fixes are rigging the market but I'm not entirely sure why anyone should...
|8||1 week 6 days ago|
Hi, So I passed the online numerical arithmetic test for Optiver (by the skin of my teeth!) and now I have a phone interview for a campus hire execution trader position coming up soon. I've been told it's an "informational interview" with HR, from what I've gathered it's also something of a behavior...
|16||2 weeks 9 min ago|
Long Story Short- I was suspended for one semester and I will be returning in the spring. The suspension was disciplinary and due to political factors I was made an example to set a precedent in the future. I go to a top 10 school and have excellent work experience at BBs. I just crushed my most rec...
|7||2 weeks 16 min ago|
Hi guys, I am curious to hear the perception of someone managing a structurally short book (managing crude inventory for a refinery, gasoline inventory for a consumer fuel retail operation, iron for a steel mill, etc.) within the market and that persons skillset and attractiveness to the more aggres...
|8||2 weeks 54 min ago|
I know for Citi Sales and Trading interviews, at least the superday there is a case study. What does the case study entail? ...
|0||2 weeks 1 hour ago|
I can't seem to be able to get into a Trader role with my current employer because I think I'm good at my current role (procurement) in country elevator & they have no replacement. Keep getting passed over for new grads out of uni with bachelors degree & 0 experience Any advice? ...
|0||2 weeks 2 hours ago|
Hi all, Does anyone happen to have a PDF copy of Global Macro Trading: Profiting in a New World Economy by Greg Gliner that they could please send me? Any other recommended reading for global macro trading is appreciated too. Thanks. ...
|2||2 weeks 3 hours ago|
Hello experts -- does anyone have thoughts about the possible risks of taking an internship at DB this summer? Or is the scope and track record of the firm make the experience "worth it," despite its current situation? Other options for me would be MM IB. Thanks! ...
|3||2 weeks 19 hours ago|
I have an interview coming up with these guys in a week or so. There seems to be fairly little information available on the company in general and their interview process. I know an ex-Optiver guy is behind the company and all traders are pretty much expected to follow his trading philosophy, but do...
|0||2 weeks 23 hours ago|
Is this a possible career track? Many of my schools alums started at the big 4 in audit and worked their way up to being a CFO at mid-sized company's, how can someone from the S&T side of things position themselves for future c-suite opportunities? Would an MBA be necessary to move into manageme...
|5||2 weeks 1 day ago|
Has anyone been invited to DRW's superday for the Trading Analyst position? I had a 1st round interview last week and was wondering if they sent out any final round invites... ...
|0||2 weeks 1 day ago|
Hey everyone, I will be having my AC for a Summer Analyst Sales position (hopefully in Equities) at a top-tier BB in London this time next week. After reading some posts online I have found that "Pitch me a stock" seems to be a really popular question to come up in interviews - and so, I was hoping ...
|0||2 weeks 2 days ago|
According to a very recent WSJ article, S&P 500's growth and value stocks are trending together, behaving quite opposite as to how they have been for the past 4 decades. Before this, statistical analysis done by J. P Morgan indicated a negative correlation between the two. Growth stocks are know...
|0||2 weeks 2 days ago|
What are some good current events to be aware of going into S&T interviews and superdays. Some off the top of my head are interest rates, oil, and brexit. Anything else you'd expect one to be aware of? ...
|2||2 weeks 3 days ago|
Trafigura, the giant commodities training firm, is hiring for its graduate programme. You do a 2-year rotation at either geneva, singapore, stamford, buenos aires. Wondering if anyone has interviewed with them. Curious to know what they're like. ...
|28||2 weeks 3 days ago|
There was an "accidental" selloff of the Pound yesterday, plunging its value to $1.15 for a brief moment. But the Pound continues to drop even more than expected. Can it recover at all? Is this an overreaction, just like right after the Brexit vote happened? Or is this $1.23-$1.25 level here to stay...
|2||2 weeks 4 days ago|
Leaving this purposely vague so as to not identify myself. Worked at a BB in S&T, laid off for non-performance issues. What options do I have? Trying to move into something more stable perhaps for the long-term, is a transition to IB feasible? ...
|0||2 weeks 4 days ago|
I recently graduated with a target this year (think H/Y/S). I did an internship within S&T a year ago but didn't get a return offer since I screwed myself over by not choosing the right desks. However, I got an offer from a reputable trading firm senior year and accepted them. Although it's onl...
|4||2 weeks 4 days ago|
I have a online interview through HireVue with Goldman this week. The position is for Commodities Sales and Trading. Anyone have any recommendations or advice on how to prepare? ...
|3||2 weeks 6 days ago|
I'm thinking about applying to a job at my firm's prime broker. Will this come back to haunt me? The role is not within the prime brokerage business, but I'm worried that our client coverage might alert my management or something like that. I'm at a hedge fund in New York and I know we're a very pro...
|0||2 weeks 6 days ago|
Are any MBA schools considered targets for trading at a BB Someone told me that there's no OCR for trading at any MBA schools so I wanted to check with you. I'm currently in banking if that makes a difference. I understand that an MBA will not help me get into trading at a prop shop, but I'm specifi...
|2||2 weeks 6 days ago|
Hi all ! Aspiring trader here, wanted to know if there are any trading competitions that help you secure internships/ grad offers ? Or any competitions that will look good on your resume if you win to help you secure roles at hedge funds or IBs. Currently in university at the moment. Any feedback wi...
|4||2 weeks 6 days ago|
Magna Timeshare Software a quality project management software helps in planning and controlling resources. Each of these software solutions come with their own set of specific features The common benefits are - *Easy to collaborate on projects *Tasks can be delegated ...
|0||2 weeks 6 days ago|
Hi, I want to apply for a graduate scheme at MM I have already interned at (Global Markets). I have a strong positive recommendation from my previous line manager and actually he recommended me to apply to a location outside of Europe (Asia) because according to him headcount limits in graduate recr...
|0||2 weeks 6 days ago|
I am trying to apply for full time positions in S&T right now. Other BB banks have posted their positions (that are available) online, but I could not find any information about GS. The recruiter didn't say anything about what specific positions are open either. Is there any way to find out what...
|0||3 weeks 6 hours ago|
Hi there, The following situation has arisen. I have received a referral from a trader working at a prop shop. I passed the first stage of the tests. Currently I am waiting for the next steps (technical, speedmath, riddles and behavirioal interview). I have two questions. First, would it be inappro...
|8||3 weeks 23 hours ago|
Was wondering if someone could help me model cash flows for an MBS. I have to prepare for a case for an interview. ...
|0||3 weeks 1 day ago|
What do you guys think of the Bank of Japan's new decision to target 10 year yields instead of changing their overnight rate? It's an interesting idea, but US 10 year Treasuries already give better yields than the 0% Japanese Government Bond. Are investors going to start massively reallocating their...
|1||3 weeks 1 day ago|
Hey Guys, I just got an email for a 1st round interview for a 6-12 mo internship in the HF European equity sales division at BB. I was wondering what kind of behavioral and technical questions I can expect for the phone and in-person interview. Any reading material you would suggest? Thanks ...
|0||3 weeks 1 day ago|
I got a phone call the day after my superday basically saying that they liked me a lot but cannot extend me an offer at the moment, and will have to see what happens with the other upcoming superdays and the headcount. I know this means I am on the waitlist but if they called me the day after is thi...
|1||3 weeks 1 day ago|
I have the WSO Technical & Behavioral Guides (albeit older copies). How would this interview differ from any other S&T 1st rounds? Is it any different because it's for energy trading as opposed to general financial S&T? As a finance major as opposed to energy, business, and finance major...
|15||3 weeks 2 days ago|
Heard this interesting interview and thought I would share. Canadian neuroscientist and former Wall St trader John Coates' found that gut feeling is more than just a feeling but actual physiological signals or information coming from your body. Traders attuned to them do very well: "Within the c...
|11||3 weeks 2 days ago|
Hey guys, I have a couple of interviews coming up with prop trading shops and I was wondering how to answer the risk averse/neutral question. Sometimes, they ask you this by giving two choices with the same expected value but different variance. What kind of traits are these firms looking for (avers...
|4||3 weeks 2 days ago|
I recently accepted an S&T summer analyst offer at a BB and I REALLY don't want to go in blind. I want to know more about which desks are the best, the general environment/politics of the trading floor, and what I can do to secure a FT offer. Is anyone here willing to mentor/offer some advice? ...
|0||3 weeks 2 days ago|
Title mostly says it all. What are ALL the good opportunities out there--Bulge Bracket be damned? Correct me if I'm wrong, but it's my perception that nowadays, if you're less-than-nearly-perfect as a 21-year-old candidate for summer analyst positions, you have little-to-no shot at nabbing a BB s&a...
|0||3 weeks 2 days ago|
Hi Everybody, I want to get into trading, but don't know where to start. I majored in Economics and Business, but in my country you don't study financial markets in depth. I've been interested in trading since my first year at college. I currently work in consumer banking but my goal is to work in a...
|5||3 weeks 2 days ago|
Hello there monkeys, Is there anyone here who could help me with answering a few questions about the relationship between the Japanese Yen and the American Dollar? ...
|0||3 weeks 4 days ago|
I interviewed at Citi on 9/28/2016 for Securities services FA analyst position and didn't hear back until now. pretty anxious now. Anyone got an offer already? ...
|0||3 weeks 4 days ago|
What is your opinion on flow traders? How would you rate a job there compared to for example SOG/WOLVERINE/Optiver/IMC? ...
|4||3 weeks 4 days ago|
Hi, I myself have two trading product for High frequency trading .One for Market data connectivity and one for Order management system on FIX. I am looking for client who want this product . Please let me know how i can get those ? You can find me on google hftsolution[dot]com ...
|0||3 weeks 5 days ago|