Prop shop interview

Hi there,

The following situation has arisen. I have received a referral from a trader working at a prop shop. I passed the first stage of the tests. Currently I am waiting for the next steps (technical, speedmath, riddles and behavirioal interview).

I have two questions.

First, would it be inappropiate to ask the person who referred me for any tips or advice for going into the interview. If it is: how far can I actually stretch these questions (what can I and what can I not ask).

Secondly, how would you advice me to behave during these behavioral and technical interviews? I have researched quite a bit and came to various conclusion already. Confident, eager, sharp and quick, but also humble and know your limitations and ask questions wisely.

As you may have noticed I am not experienced in this matter. In fact I have only interviewed once.

I would like to thank anyone for taking the time to reply. This forum has really helped me a lot so far.

8 Comments
 

do mock interviews with people in your life (parents, aunt/uncle, cousins, friends) where they ask you questions (you can give them a list to help them get started) and you seriously pretend that they are the actual interviewers, and use a video camera/cell phone to take a video of the practice interview. Then watch them and find your own weaknesses.

While its not exactly the same experience, it will be very similar...and the psychological practice benefit will be about the same.

 

ironchef,

Thanks again. Sorry if my question sounded rude. I do have researched a ton and know what kind of questions I might get asked (stats, technical, behavior, standard hr, market making) as well as the type of brainteasers and mental math questions.

My question was more or less: would you rather practice behaviour with someone who isnt a trader or maybe even brainteasers? By doing the latter I am afraid I get used to ''easy'' interviewing, as my mock interviewer wont push me to the limit.

 
Best Response

I do have one last question for you if you do not mind.

Despite having extensively researched the internet and talked to people I am insecure about the ''make me a market'' question.

Examples of these are ''make a market on the populaton of Y''. I thought I would I could solve this by using the information I know of X (for example Y>X but I know that Y Z and base my market on that). By doing so I can get a good estimate. However I would be unsure how to define my confidence interval and change my spread based on new info (him participaying in my market should tell that maybe my market isnt really good). Furthermore I have been told that this is not how markets work, therefore I need to get more information about the context (eg with whom am I trading with and what is his incentive).

Thanks a lot (again).

 

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