Equity Trader

Status
Trader at
Group/Division/Type
Sales and Trading
City
New York
Interviewed
June 2018
Overall experience
Very Positive
Difficulty
Very Easy

General Interview Information

Outcome
Declined Offer
Interview Source
Applied Online
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
1 on 1 Interview
Please describe the interview / hiring process.
Applied online and they got back approximatey 3 hours later.

Man named Andrew Haber gave me a time to come into their office for a 1-1 interview.

When I arrived, I sat at their front office for about 30 minites because there was no secretary. Finally I was brought back by a man named Hargobind.

We went to a nice office and he brought up market data going on and charts of the software they used.

He didn’t really look at my resume, besides saying that my education would suffice for market analysis.

He then asked me questions about market analysis (whats my thesis and how does it work for you- examples), chart overview and analysis (based on your risk exposure... where would you pyt your stop loss for this stock and why?), and then some specific questiond about current market data.

After showing competence in analysis, they skipped their formal testing. Interview lasted all of 10-15 minutes. He then took me to their floor and let me sit on a computer to demo. After 20 minutes of doing so I left.

Floor manager seems very knowledgeable. He is young and holds a class throughout the trading session to answer questions and to teach you about what is happening in different sectors of the market. He used examples that most of the other young traders could relate to, which makes learning easier.

Culture seems very laid back. No suits or management hanging over your back. If they see you doing something questionable, they'll call you to their office, which occurred during my interview.

I would suggest reviewing market data before going in. Know which sectors are outperforming the market and maybe why they are. Make sure you know who you are as a trader!
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