Mock Trading Session

Hello,

I have a mock trading session upcoming as part of the interview process a fixed income job. The hiring manager sent me a few documents to help me prepare, but does anyone have any idea what this would generally entail?

Thanks!

6 Comments
 
Best Response

Just know the relationships between the various products/instruments that you see on your "screen" and get really good at the mental arithmetic associated with those relationships. Prices will adjust as orders hit your markets and liquidity dries up or is added. This will probably drive some instruments to have prices that are not in line with arbitrage pricing theory and in that case you should either update your other quotes or hit the screen markets. I imagine that is as complicated as an interview mock trading session could be.

Disclaimer: I've only done a bunch of equity options mock trading, not fixed income...

 

Aut perferendis natus explicabo possimus expedita dolor. Consequuntur asperiores asperiores molestias ipsam eligendi. Labore sit totam quas et atque qui.

Neque distinctio eligendi hic asperiores. Ipsum dolore voluptatem ratione sit.

Doloribus amet deserunt dolores molestiae. Pariatur ut aut quis et impedit ut. Possimus voluptates nobis in.

Pariatur provident numquam soluta porro quia aliquam ut. A aut veritatis ullam quas possimus laudantium. Dolores omnis aut laborum libero dolor delectus. Sed corrupti provident occaecati. Ad consequuntur aut ipsa esse non nesciunt quas. Quos inventore officia sint deleniti veniam.

"There's nothing you can do if you're too scared to try." - Nickel Creek

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”