Silver BananaTopicReplies
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Dummy with the sauce: Trying to decide next steps for profitable Algorithm...Hello all, First post here :) nice to meet you. Hopefully this is the right forum to post... Here's the run down of who I am: AS from crap school, finishing BS from crap school (Civil Engineering) Currently employed as a Project Manager for a local government (so I make a meager living) I've trad...
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Why do you need to become a Forex traderTrading is not about securing your financial freedom but it’s about changing your lifestyle. You might have a very good day job but there is nothing wrong to create an alternative source of income. In fact, the number one rule in the investment industry is to diversifying your financial risk expos...
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How do you delta hedge your short gamma?Do you have a set of rules as to when you re-hedge your delta when you are short gamma? Do you never re-hedge and just pray the underlying comes back?...
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JPMorgan Chase - Review - Sales and TradingVery happy at the job. Good teams/ people and work life balance. Job Stability and leadership oppotunities available. . Beauracracy can be a major drain on time and take away from the key buisness focuses. Other than that no issues. ...
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Commodity Trading is DeadI currently work as a physical commodity trader at a large, international, trading house. Trading is dead. Most desks are printing massive loses. There is no volatility in the market and most commodities we trade suffer from massive oversupply. Baring a massive exogenous shock, I don't see it ch...
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Break into tradingHi, I am currently working as a valuation analyst outside of wall street. I have always wanted to get into trading but have never been able to crack the code. I went to an smaller school and because of a very fun first two years in college don't have an impressive GPA. I'm trying everything I can...
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Utilizing Skin Care Products AppropriatelyNow, like we discussed, an anti-aging formula is only comparable to its ideal component. The Vero Revive Serumsite does point out peptides when. As well as, while we're made use of to an item including their energetic ingredients much more plainly, allow's state they do use peptides. We aren't convi...
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Belvedere Trading - Review - Tradingwork hard play hard culture, there's a lot of fun events in the city but you are constantly working on the project. low comp. for trading. The pay seems low compared to other trading firms of similar prestige, and felt a bit bad...
Deutsche Bank - Review - RiskGreat learning environmentGreat learning environmentGreat learning environmentGreat learning environmentGreat learning environmentGreat learning environment . Too much bureaucracy Too much bureaucracy Too much bureaucracy Too much bureaucracy Too much bureaucracy ...
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ACT Commodities & Entering Commodities TradingHello all, I was recently contacted by a firm called ACT Commodities, which specializes in the niche environmental commodities trading space. They are a small Dutch-based firm trading a variety of environmental commodities, such as renewable energy, biofuels, etc. After talking to their HR staff,...
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Optiver - Interview - Prop TradingMental math questions (80 of them) - had to complete them in 8 minutes, without a calculator, MCQ. Consisted of + X - /, and would not have been difficult without the extreme time pressure. Afterwards there were 11 math questions to be done in 17 minutes, involving pattern recognition and simple mat...
Morgan Stanley - Interview - Equity Capital MarketsInterviewer was nice, but very to the point. No behaviorals at all aside from walk me through your resume. What is the LIBOR? Borrowers vs. Lenders when rates are high/low? What do you think of the markets right now/what moves markets? What is the current Fed funds rate, what's the 10-year yield a...
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Passed Series 3 myself but can't find a firm to register me with NFASeries 3 expires after 2 years. Applied at brokerages all over but crickets. Thinking of maybe joining a NFA registered pool. I've pretty much given up on getting into the commodities industry but I'd like to keep my Series 3 if possible. ...
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buying treasury notes?easiest way to buy treasury notes? can i do it on td ameritrade? i have never bought bonds before. thank you for the help...
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Citigroup - Review - Global MarketsI was very happy. Great team, ok comp but an opportunity to learn a lot. I would recommend it to other people. Hours were bad, 4:30am to 6-8pm for the first 9 months or so. It got much better once you got into the swing of things. ...
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How to put your trading idea into a strategy?If you trade futures, commodity and crypto, you will trade based on your thinking & idea. When to buy, when to sell, set stop loss, set numbers to buy & sell. If your trading idea is quantitative, you can put it into code in python, JavaScript, C++ or other programming languages. Then backtest it t...
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Advanced exotic trading interviewHi guys, I have today 2 years of experience in Structuring (I’m 25 years old) and I’m working on my side to get a job in trading on the sell side. I’m looking for some tricky questions to work for exo trading desks. Some exemples : about gamma pnl, autocalls and Greeks (vomma, impacts...) ...
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MFE or other Options?Hi all, I'm a graduating senior in undergrad at a target school majoring in Finance and getting minors in Math and Computer Science. I'm planning on going to graduate school for a terminal Master's degree next year primarily for personal reasons. I've been able to secure an internship in trading (m...
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DC Energy - Interview - GeneralistThe case question was the following: There exists a 100 story building. A new phone company releases a new phone that they say is hard to break. You are tasked with testing how high one can drop the phone without breaking it. You get two phones to drop from the building floors, and you can keep dro...
wallachbeth capital - Interview - TradingThere were no specific questions that were difficult per se, when I came in, the CEO just initiated some small talk about commuting and things like that, he asked me to walk him through my resume and my experiences that may make me a good fit for the role (Delta One Desk Support). I was pretty famil...
Raymond James Financial Inc. - Review - Equity Capital MarketsThe company's culture is probably the best thing. Everyone is extremely nice regardless of their age and rank.. RJ is pretty much a southern fraternity with a drastic lack of diversity. Majority of the employees are UF grads....
Barclays Capital - Review - Sales and TradingOkay people. Junior people tend to get trading mandate pretty quickly. And there are always some holes to plug. Dying business. Really getting outpaced by the US banks and not anymore in the most elite realm even in bond trading ...
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Futures Sales TradingDoes anyone have any insight on futures sales trading within a BB? Would anyone recommend it as a good area to go into- can it be treated as a stepping stone into trading or is it a dead end? Have long term goal of becoming a PM. Have macro strategy (research) background. The considerable increase i...
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Jane Street Capital - Review - Prop TradingThe traders are all really nice and approachable, I learned a lot from the internship. Mock trading was the best part.. Wish there was more mock trading/classes, especially the former. More emphasis on the education part, the project wasn't nearly as interesting....
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Wetting my beakHey guys, I'm currently in banking and have some funny money I want to fool around with. I want to diversify myself and get into something intellectually stimulating that isn't investment banking. A buddy of mine said I should look into forex trading to get a good macroeconomic view, but I've been ...
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What Are Some Majors That One Could Consider For A Future In S&T ???????Hi all I am just wondering what kind of majors I should look for in undergrad to get a job in S&T? Thank all Cristiano...
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Best S&T desk at Chase and Wells FargoThere was a previous thread asking what the most prestigious desks at Citi were, and I was wondering if anyone with experience at Wells and Chase knew some of the better desks there, especially where one might want to start with an internship....
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BB Macro Research: FX/Rates Strats in Singapore versus BB Market Risk in New York Any relevant experience or advice would be strongly appreciated, particular with regarding to the career projection for the jobs. Thanks in advance. ...
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RBS/Natwest Markets Trading? Does anyone have any insight into them? I know they used to be great rates/euro govies traders but can't find much after they rebranded as NatWest Markets. I know core traders have been poached but don't know the current state. Any insight would be helpful. Would you take a UK FT graduate trading...
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Is Natural Gas Scheduling/Trading a dying industry?Am I screwing myself for the future by taking a natural gas scheduling gig? Will I have limited exit opps if I ever decide to change?...
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Jane Street Capital - Review - TradingGood pay. Nice culture. Smart coworkers. Everything was pretty nice in the first few months. A lot of people teaching you.. Too much pressure sometimes. Spent too much on irrelevant activities. Would be a lot better if it could be salary....
Morgan Stanley - Interview - EquitiesThe most difficult question was a probability question about the expected value of rolling a die given the chance to roll again. The expected value of rolling a die is 3.5, but if you had the option to roll the die again when would you? What if you had the option to roll the die 2 more times, then i...
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Confusion over the concepts of Contango and Normal ContangoThese terms seem to be used interchangeably, however they signal opposite attributes (bullish/bearish). **1. Wall Street Oasis Definition:** Contango is a trading term used to refer to a situation where the price of a future for a specific asset is higher than the expected spot price at the time of...
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Optiver - Interview - GeneralistWhether I was exclusively applying to finance or if I was applying to be a dev at other companies as well (I have a background in programming and math) . Which other trading companies had I applied to, and how would I decide on a company if I received multiple offers. Was also asked the basics like...
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UK Student breaking into Singapore commoditiesI'm looking to get into commodity trading (metals or oil) after I graduate and I'm hoping I can get into Singapore. What are my chances as a UK-based student? Is it possible right after graduation or would I need experience before making the move? ...
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Citigroup - Review - Sales and TradingI definitely learn a lot from day to day work. People at Citi are humble and helpful, if you reach out they'll rarely say no. I also find the rotational program very helpful as you get to experience two different desks. . The hours are longer than I expected, pay is average compared to my friends at...
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PwC Management Consulting vs ExxonMobil Trading Analyst InternI currently have two different offers for a summer internship, one offer from PwC to intern in their Houston office as a management consulting intern, and the other from Exxon to work as an analyst on their up and coming trading floor. I have experience working on another energy trading floor, and k...
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UBS sales and trading internship............................................................................................................
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Post Superday Skype Interview?I had a Superday this week and the next morning was offered a Skype interview with a handful of senior traders all within a single product group scheduled for next week. How would you guys interpret this? The interviews have been mostly behavioral with scattered technical questions so this could als...
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Trafigura Graduate Programme 2018Has anyone applied for Trafigura's Graduate Scheme and if so has anyone heard anything about their progression/omission to the next stage of recruitment? ...
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Jane Street Capital - Interview - Generalistsecond stage was a phone interview where they test you on your thinking and problem solving skills. This last for about an hour and you have to solve some maths bathed questions. nothing unexpected is tested all you have to do is use your brain and it should be fine. think hard and take your time to...
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Flow traders aptitude testI recently took the flow traders mental math test (75Q in 10 mins). I passed through that math test and I have an aptitude test scheduled for this Friday. The mail I received says this test will contain mental math test, sequences, verbal analogies, syllogisms. Anyone has taken this test and can sha...
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JP Morgan Securities - Review - Sales and Trading* Very flat structure * Managers pushed you and trained you well * A lot of responsibility * Free to go whenever finished . * early morning * quite a bit of admin work * constantly have to prove yourself * high pressure to perform...
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Looking to hire a gas scheduler/analytics person at shell tradingi've recently moved into a trading based role and my old job as a gas scheduler/analyst needs to be backfilled. unique role because it's 50% gas scheduling, 50% fundamental analytics (s/d fundamentals, business intelligence development, process improvement). the role sits right across from our gas t...
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Positive Equity vs SIGI have offers for a summer trading internships in 2019 at both Positive Equity and SIG. I live in Ireland and both internships take place in Ireland. The Positive Equity one is only for the second half of Summer but SIG is for the full Summer. Any advice on which I should pick. I'm leaning heavily t...
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Difference Between Strategy Desks and Trading Desks in Fixed Income I have previously been to a BB's fixed-income trading floor and was able to have a very quick glimpse into the majority of desks. One that really interested me was a strategy desk that seemed to have a smaller team than most of the other desks. Since I didn't have long to speak to everyone there I w...
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Akuna Capital LLC - Interview - TradingMost difficult questions were the sequences. Since there are little resources online to prepare for these questions, it is also even more difficult to succeed on this section. Some sequences were geometric while others were tricky summations that relied on two and even three of the prior terms of th...
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Passing SIG 2nd round phone interview?So I recently had my 2nd round phone interview for SIG for graduate quant trading position. I got all the questions rights but the I made a mistake on the first one by calculating the probability for one of those and didn't notice until the interview questioned my answers. I quickly realized and f...
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What is Leveraged Finance Trading? Just as the title says, what does it entail? I tried searching for it on the forums but all I could find were threads for the LevFin group within IBD. I am pretty sure that it is a micro oriented trading desk, but what kind of products do they trade? High-yield bonds, loans, that kind of stuff? I am...
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Flow Traders' Math test Hey !! So I've my Flow Traders' Math test coming up in a few days and wanted to know a substitute for tradertest since its no longer active. I have tried arithmetic zetamac and getting decent enough speeds at it but it doesnt involve decimals and i fear that may be my undoing. I request anyone wh...
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Robert W. Baird & Co. - Review - Fixed IncomeOverall good PTO, holidays, and benefits. Colleagues are respectful and supportive for the most part. One of the best benefits is the reimbursement from certifications (somewhere around 5k/yr). Lack of recognition for certain employees. Pride themselves on the "no-asshole" policy but certainly is no...
Banco Santander - Review - Assurance- has a very good work environment - boss is definitely motivating - Die Nebel zerreißen, Der Himmel ist helle, Und Äolus löset Das ängstliche Band. - low quality interior - food Es säuseln die Winde, Es rührt sich der Schiffer. Geschwinde! Geschwinde! Es teilt sich die Welle,...
Morgan Stanley - Interview - OtherThere were really no difficult or unexpected interview questions for this interview. The interviewer first asked me to walk him through my resume, then proceeded to ask about if I follow the markets and what are my thoughts on the markets. He then proceeded to ask two situational questions involving...
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Akuna Trading Intern - Final RoundHello all, I currently have a final round web interview scheduled with Akuna for a trading position. I was wondering if anyone had any insight into the type of questions they ask and good ways to prepare for them. Many thanks in advance....
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Morgan Stanley - Review - Quantitative ResearchMy internship there was pretty awesome. Supportive people and the right balance between reasonable projects and challenging tasks.. The feedback was kind of scant. I would have to press a lot to get any feedback. Most of the time my VP would say that I was doing "fine", but he never praised (or crit...
Optiver - Interview - TradingThe behavioral questions were not so difficult, but rather unexpected. There was no real way to prepare for them, unfortunately. These are not average interview questions and although I felt I did well, I did not make it to the next round after this. As for the math questions, they were generally s...
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help a brotha outttt (FT Goldman Securities Hirevue for 2019)Just got a hirevue for Goldman Securities late last night and I've got until end of the day Friday to complete it. Would really appreciate any insight on previous questions (behavioral/technical/division specific) that people have gotten before. BTW I'm from a non target with a not-great GPA so I wa...
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Cantor Fitzgerald - Review - Debt Capital Marketsshort hours decent compensation interesting projects from time to time okay culture depending on the group. couldn't really pick or change rotations not a lot of consistency among the the different trading floors...
IMC Financial Markets - Interview - N/AWas asked to design an evacuation plan for my city. This was bizarre but was a fun question to conceptualize and answer. There was also a probability question which was relatively straightforward. Questions are made so you won't be expecting what they will ask to really test the limits of your probl...
Peak6 Investments - Review - Prop TradingCasual Culture, Everyone is really friendly the group as a whole is close knit. Office is in a very nice location; Good perks. . Management not completely in sync with the employees. New ideas are not very easily tried upon and the focus is to continue with ideas that are already working. ...
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What is the biggest problem that you've faced when looking for a new job?What have you disliked about your past job searches? - Inefficiency/ time spent looking - Lack of pay transparency - Searching job boards - Lack of access to top tier firms - Lengthy application processes - Lengthy interview processes - Lack of guidance - Updating my resume - Filling out online appl...
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Flow Traders - Interview - N/ANo questions were difficult or unexpected in the Trader round. They were pretty simple brainteasers like the no. of zeroes in 100! or the calculation of 9 minites from 7 minute and 4 minute hourglass. The HR interview had some unexpected questions like what is your biggest achievement and why this c...
Citigroup - Interview - Sales and TradingStock price of Citi on that day VIX on that specific day What would you do if you are a trader in a hedge fund and half an hour before the market opens, you get a piece of information that the 10% of your total portfolio of which you hold a specific stock in Asia's market is only worth 10% of its cu...
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Question about Hidden OrdersHey guys, I have been looking into HFT and had a quick question about placing hidden orders. If I place a **HIDDEN** order to buy/sell on the **OPEN**...are any high frequency trades / algorithms able to see/find my order? Any help would be greatly appreciated. Thanks...
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JP Morgan Securities - Review - Prime BrokerageGood work life balance with many benefits to the employees especially starting relatively junior in the firm.. Big organization that can be hard to navigate as a junior level employee. Must network and build relationships with people....
IMC Financial Markets - Interview - Trading1. Probability questions about coins, cards, and dice. Lots of focus on having the right theoretical textbook approach instead of bootstrapping an explanation. Need to really understand the basics/foundations, especially of EV, variance, law of large numbers. 2. Backwards induction/thinking. Not mu...
Goldman Sachs - Interview - Prime BrokerageWhat would you do if your MD ask you to share a confidential client info off record that we knows you have knowledge of? What is the Black Scholes Model? My answer was I would first confirm with the client/source of my info that this is confidential. Then go back ask for anything else I could work o...
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BNP Superday Global MarketsIf anyone had a super day with BNP and could provide any insight on it, it would be really helpful. ...
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Best S&T desks at CitiI was curious what the best or most prestigious desks are at Citigroup to do an internship on? I saw the previous threads, however just wanted an update. It looks like in the past rates, IG credit, municipals were the strong points. Is that still the case? How is the mortgage desk at Citi btw? All ...
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Prospects of agricultural and soft commoditieswhat's the prospects of ags and softs traders compared to the oil, lng or gold guys? is it underrrated at the moment? those in this field please share! thanks...
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Deutsche Bank - Interview - Equity Capital Markets1. Tell me about a trading, option, or hedge strategy which you devised via coding. 2. Why do you want to work with this company? 3. Tell me about a time when you were asked to do something you had never done before. How did you react? What did you learn? 4. Describe a situation in which you embrace...
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Jane Street vs CitadelGot trading intern offer from Jane Street Capital and Citadel. Any insights on each company's intern program and which one is better for future career?...
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Jane Street Capital - Interview - N/AThere was really nothing unexpected from the interview. The first Excel assignment was difficult in a way that the question prompts are somewhat vague. The phone interview was very easy. For the VBA assignment I had to learn VBA from scratch but all together the problem took less than 4 hours. The o...
Jane Street Capital - Interview - Equity Capital MarketsIn the first interview I was asked the common bus question. A bus makes 3 stops and at each stop three quarters of the people on the bus get off and 7 people get on the bus. What is the minimum number of people that can be on the bus to begin with? In the second interview I was asked what is the pro...
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Recruiting for Prop TradingI'm currently an undergrad attending a target public school and have been seeing lots of trading opportunities being posted on our job boards (DE Shaw, SIG, Jane Street, etc). I'm currently majoring in mathematics and information systems with around a 3.7 GPA and am seeking a full time role. By back...
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BMO Capital Markets - Review - N/Auuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu. uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu...
IMC Financial Markets - Interview - Prop TradingThe most difficult question was about solving an elevator algorithm problem. The interviewer gave me 2 different elevator algorithms that both did the same task except that one algorithm prioritized customers that pressed the button first, verse whatever floor was closest was pressed. From there h...

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