Madison Tyler Holdings

bump. i'm interested as well. what do they trade, especially in their california office? and any information regarding the interview process/questions would be much appreciated.

Interview:

What is the angle between the clock hand and the minute hand when the time is 5:15? When will these hands meet again?

Then a slightly not general probability question about coin flips. You have 10 coins, one of the coins is heads for both sides, given you take randomly one coin out of these ten and flip it 5 times and it comes as head 5 times, what is the probability that the coin you flipped was the biased one.

I ended up going to Cali for an interview, but I didn't get an offer. They were very secretive about their trading and appear to trade many asset classes.

Gyus,

How did you approach that company?

Thanks

Expect math questions. I contacted them cold - through their website. I didn't get the job because I had a bad day.

I'm planning to apply through their website too. I'll send my resume and see what happens. Is it like Optiver where they give you an IQ test as well?

I interviewed awhile ago with MTH. They love quants with a competitive edge. Took an IQ test, and a group interview with various math questions: Got the hourvsminute hand question, and a few probability questions with increasing difficulty.

The hardest part was the group interview setting. Everyone who interviews should pass the IQ test, I don't think that's a big deal. Like I said, they are looking for quants with the killer instinct, not someone who can work well with others. Get your game face on because they interview PhDs right alongside undergrads.

Interesting, suburbanfarmboy. So did you finally end up getting the job? Like what was the hardest (at least for you), if you remember, probability question you got. I would not consider myself a probability guy- just took a class- so I wanted to check if this something I could pull off.

Again, thanks.

Some probability Qs aren't intuitive. A popular example is the Monty Hall Q...

You're in a game show and invited to choose between 3 doors, only 1 of which has a new car behind it. You start with DOOR-A as your selection.

You are shown vacant space (no car) behind DOOR-C. Should you stay with your initial selection or switch? What is the probability of winning the car if you stay with your first choice?

Good luck!

so they bring in 4 at a time. That's very interesting and it makes sense I suppose as that saves time and they can make a comparison between candidates on the spot. But when they ask a question does that question apply for all 4 and whoever knows should yell the answer kind of thing? The IQ test was the one with the pattern recognition stuff? an LSAT type test too?

But anyways I was just looking on their website and it seems as though the positions for a trading analyst in Beverly Hills were removed so I don't know how to apply.