Akuna Capital Assessments
I recently took an assessment for a trader role at Akuna Capital. I ended up receiving notification that other candidates were being moved forward with instead, and naturally, emailed one of the recruiters to find out what was lacking. Apparently I did not pass the assessment; however, in this specific case I had taken quite similar assessments before and traditionally have scored quite high so I thought that it was a bit odd.
The recruiter apparently can't tell me anything about the assessment. Not which section I didn't pass, anything more about how the test score is structured, absolutely nothing. Is this a commonality with trading firms?
Yes, it's quite common for trading firms, including Akuna Capital, to maintain strict confidentiality regarding their assessment processes and scoring structures. Based on the most helpful WSO content, trading firms often use proprietary tests to evaluate candidates' quantitative, logical, and problem-solving skills. These assessments are designed to be highly competitive, and firms typically do not disclose detailed feedback to maintain the integrity of their testing process.
This lack of transparency can be frustrating, especially when you feel confident in your performance. However, it's worth noting that these firms often prioritize a combination of test results, interview performance, and overall fit when making decisions. If you're looking to improve your chances in the future, consider focusing on sharpening your mental math, probability, and logic skills, as these are commonly tested areas in trading assessments.
Sources: THEN and NOW: @CompBanker, Bottom buckets: Where are you now?, Do retail financial advisors provide ANY value??, What I Learned While Recruiting, Any interns sense they're not getting return offer? If so, why?
I passed the All Options llc (Texas) assessment in may, was turned down because I applied right before application window closed, re-took it in september and didnt pass the 2nd time due to over-confidence.
I asked recruiter if it could be waived and she said no. We should remain wary and in tip-top shape for these assessments
Was the firm transparent that you passed the exam and that the reason you were turned down the first time was because you just applied late? Was the projected new hire class just full already?
If I remember correctly I had the first post-assessment interview scheduled, then the rejection email shortly after with HR rep saying it's been filled.
If I didnt have it scheduled, i mean it would make sense to have the interview available if I pass the assessment. And in the rejection email she suggested I apply later in the summer. So yeah
Were you able to get any breakdown of why you didn’t pass the assessment the second time? I’ve had a couple assessments where I anticipated a successful application that weren’t moved forward with that I’ve just been able to get no transparency on scoring for.
I dont remember quite well however it was a simple fast math assessment such as on tradermath. Com. I'm sure it's a percentage cutoff
Mine was mental math and pattern recognition. Any idea on who to reach out to for more details on that? Obviously, not knowing who to ask about assessment benchmark details isn't helping me get hired.
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