How to prepare for upcoming hedge fund interview?

I have an interview next week with the fixed income business of a well-known, $20B+ hedge fund. I will be gunning for a trading intern position during summer 2015. What kind of questions should I expect and how should I prepare for this ordeal? I'm currently reading Options, Futures and Other Derivatives and following the markets.

Note: I have already completed an internship at the aforementioned hedge fund, but I was in the technology support group of the fixed income subdivision.

4 Comments
 

The hedge fund itself is highly diversified and engages in equities, credit, commodities, and quantitative strategies. This fund is best known for its quantitative strategies thanks to Michael Lewis and his most recent book. Fixed income is only a subdivision of the entire business. There are numerous small teams within Fixed Income, each engaging in a distinct strategy such as relative value, systematic trading etc. I will be interviewing for the mortgages trading group, I believe, although I should prepare for any group.

"The code of competence is the only system of morality that's on a gold standard." - Francisco d'Anconia
 

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