Proprietary ("prop") trading is an industry that keeps itself under wraps and as a result, there has never been a great resource for candidates to learn about the industry and how to get past the interviews…. up until now!
Wall Street Oasis presents the first guide on breaking into the prop trading industry covering topics which include:
- What a prop firm is, what types of prop shops there are, and how prop trading differs from Sales & Trading at a bank
- The truth behind much-debated questions such as compensation, the failure rate, and exit opportunities
- How to structure your job search and figure out exactly what these firms are looking for
- Top tips on how to differentiate yourself from the competition in the interview room and actively work on getting that offer
- Key insight into what all great interview answers have in common
- Specific examples of common interview questions along with instruction on how to navigate your way through them (includes behaviorals, market knowledge questions, mental math questions, brainteasers, and Fermi problems)
This guide also includes 3 months access to the WSO Video Library ($99 value!) and 25 Prop Trading specific videos that go over sample answers and critical tips to get hired, including:
- The Single Most Important Piece of Interview Advice
- Top 5 Questions for You to Ask in Your prop trading interview
- How to Handle an Obvious Weakness like Low GPA
- 2 Sample Videos - "Tell Me About Yourself"
- How to Answer - "Why Prop Trading?"
- Culture of Prop Trading vs Sales & Trading
- Day in the Life - Discretionary Equity Prop Trader
- Day in the Life - Equity Index Options Market Maker
- Day in the Life - Oil Trader
- Day in the Life - Quant Trader
- Day in the Life - HFT Programmer
- How to Research a Firm for Fit & Culture
- plus more...
Not only do you get all of the above, but we also give you detailed profiles of some of the top prop shops as well as the most common interview questions each firm asks including:
- Chimera Securities
- DE Shaw
- DRW Trading
- First New York Securities
- KCG Holdings (Getco / Knight Capital Merger)
- Group 1 Trading
- Jane Street Capital
- BP - Integrated Supply & Trading (IST)
- Trillium
