Trading Intern

Status
Group/Division/Type
Prop Trading
City
New York
Interviewed
October 2024
Overall experience
Very Positive
Difficulty
Very Difficult

General Interview Information

Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Please describe the interview / hiring process.
Four rounds of interview before final round.

First round has basic probability question, similar to easy/medium problems you may find on a site like quantguide.

Second round there are two sample games. One included rolling a die and developing a stopping criterion. They were both solvable and had a concrete answer.

Third and fourth rounds there was just one game, with no definite answer. The interviewer would add stipulations to the game and see how you might approach it. Note that all the games have +EV elements, even if they aren't apparent.
Overall Company Rankings
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Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
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Morgan Stanley, NA, 2020

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