First New York Securities

I am interested too. are their interviews highly technical (probability & mathematics)?

it's one of the more prestigious prop shops - very well regarded, steep learning curve and your comp is tied to your performance very early on.

interviews are math/prob heavy, but aren't 'technical' in the sense that you'll get questions on options theory, etc. They tend to educate you on trading themselves, and therefore prefer applicants who don't have a traditional business background. basic interest in markets is important though

yesman,

it seems like you have experience with fnys and i wanted to know if you could provide with as much information as possible in regards to their interviews.

i have an interview with them tomorrow and i would like to be as prepared as possible.

thanks.

they interview anyone with a pulse. They select only the best.

I received an offer there. The interview process is 3 rounds.

First round you'll meet with a partner at the firm that deals with most of the recruiting. Lots of fit questions, and questions regarding your resume. Market questions as well.

2nd round is typically going to be a round table with a few partners - typically they will be aggressive and will try to catch you off guard or get you nervous.

3rd round is typically going to be with the owner of the firm. He will ask macro specific questions and will want to get a sense for how you think and work through scenarios - typically trading specific.

They are a pretty good shop - trade mostly equities and commodities. There was an article about them in the September issue of Trader Monthly, and the guys there are pretty cool. PM me if you have questions on comp or anything else. Good luck.

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