I have a friend who gets an interview at a fixed income trading firm. It was for a trading assistant position, but he was asked about p-value and some stats questions. I am interested in break into the trading industry. Do I now need VBA, SAS, programming experience now to be even an assistant position due to the economy?
Does any one has any insights on this? I am more of a math background rather than CS majors.
Also, I am looking at Vault Guide, or WSO guide for the stocks and trading. I already have the technical guide from WSO and it is great. I am just wondering if I should get the trading and stock guide too or if I should get all the vault guide?
Thank you !
You should know stats, but there are only a few stats majors where I work. I am fairly familiar with the way most of the props go through recruitment for TAs and none to my knowledge ask extremely difficult stat questions unless it is somehow a quant position focused on statistical analysis, which you'd know from the description most likely anyway. You should know EVs, probabilities, etc. very thoroughly at a basic level though.
Thanks for the advice Jerome!
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