Silver BananaTopicReplies
Rothschild - Review - Investment BankingGood hours, fun atmosphere, ability to take a big risk and make decisions. Not a lot of pushback from managment. . High Stress, sometimes the support staff is useless, back office does not understand some of our positions. ...
+1
Which bank asks the hardest technical questions?I am practicing brainteasers for my upcoming superdays, and I was wondering which firms are notorious for asking difficult, tricky questions. ...
5
Morgan Stanley - Interview - Fixed IncomeLiterally nothing was unexpected. I was asked the following questions: 1. Tell me about yourself/walk me through your resume. 2. Why Fixed Income Sales & Trading 3. Tell me about a time you worked on a team 4. What interests you in the markets 5. Tell me something about you not on your resume I gues...
JPMorgan Chase - Interview - Global MarketsAll were expected. Behaviors with some market based questions. Walk me through your resume. How did you solve the team conflict? What's your role in that specific club? What's going on in the market? What's the most important thing you have learned in the past? Why should we hire you? All were expe...
+2
Back office Operations to a Trading Desk?Hello all, Recently, I have taken a role in a MM bank in operations. I have spent the first year of my career through 2 brokerage firms, a shit one and a BB one; since I lacked fundamental technical skills, I thought it would be a good idea to take this role. My plan and honestly dream is to end u...
8
+2
Any banks still recruiting for S&T SA 2019?The title says it all. Anyone know of any BB or EB banks still recruiting for 2019 SA in S&T. Recently went through the process with Citi but it didn't work out. Still interested in the markets and would love to work in S&T if possible....
3
Allston Trading - Interview - Equities1. How does the volatility skew in commodity futures markets relate to real-world concerns of agg farmers and traders for those products? Why is it not symmetric? 2. You are a duck floating in the middle of pond with radius r. A wolf is waiting on land to eat you. The wolf can travel m times as f...
+9
Refined fuels trading experience but lackluster Engineering GPAGraduating from a non-target in May 2019. I completed a refined fuels trading internship this past summer and I have a bunch of other commodity related experience. I am very passionate about the energy commodity industry but I have a low 3.0's Engineering GPA. I feel like this is hindering my chan...
44
Susquehanna International Group - Interview - Sales and TradingThere were questions on options based trading. Need to know what types of positions with options are best for long/short, etc. There was also probability type questions. These are obviously hard to prep for and you just need to have experienced probability and statistics. Also asked the basics like ...
+10
AMA: BB Flow rates traderHi, I feel like WSO was an invaluable resource to me when I was a bit younger, and I'd like to give something back. I thought I would do an AMA from a flow rates trader's perspective. The industry is probably a bit different than it was even 5 years ago and it might help to have a refreshed view on ...
36
Old Mission Capital - Interview - Finance1) What is the expected value of a random variable x in [0,10]? What is the variance? 2) What is the expected value of rolling a fair dice? What if you can re-roll? What if the re-roll cost 1 dollar and you make 1 dollar for every dot on the die that is shown? 3) What is the ratio of the total numbe...
+2
Is Micron a short?I am starting to analyze MU, and I think it looks better as a short than a long, but I have just begun the research process: 1. China wants to quickly ramp up its own memory chip industry, and is going to invest around $150B to do so. nearly half of MU's sales are to China. 2. DRAM is a commodity....
8
+1
Does anybody have a PDF or know of any place where I can find a copy of Heard on The Street by Tim Crack?Does anybody have a PDF or know of any place where I can find a copy of Heard on The Street by Tim Crack?...
1
+1
Institutional Trading VS Self Employed Trading PathThe problem with getting a job in "trading" at an institution is that the majority of jobs no longer exist. Unless you're talking about pursuing a career as an engineer for an HFT firm/big bank, the days of imagining your life as a young Bud Fox is dim. However, if you want to pursue a path as a s...
1
JP Morgan Securities - Interview - RotationalThe most difficult question that was asked to me was "Tell us about a time that you had to work with a team and come to a decision that incorporated many different perspectives/opinions." I was caught off guard with the "different perspectives" part. I talked about working with other people on the b...
Citigroup - Review - SalesGreat infrastructure Very good in macro related businesses Still investing in markets Worldwide presence. Low average interest in you of people in the trading floor (usual trading floor environment) Equities not that good ...
+4
Anyone interested in a comprehensive guide for trading?ActuarialQuant here. I've posted a few anecdotal posts here and there but was wondering if there was any interest if I posted more educational/informational content regarding interview processes for trading. Needless to say, when I was a senior in school, I referenced this material : https://www.w...
10
0
Market Making SimulatorThought some of you would get a kick out of this, make sure to post your profits. mine: 326 euros Market Making Simulator...
42
+2
Institutional Equity Morgan Stanley InternshipHey Everyone - have a 1st Round as MS Institutional Equity Sales and Trading. Can someone explain what the division is as opposed to other divisions? Also, can you describe the internship and the structure. Thanks a lot!...
7
+2
Is this type of role a stepping stone to becoming a Junior Trader?Hey all thanks for taking the time to give me some advice. I originally considered going into ibanking, but instead found myself leaning more towards a trading role at a broker/dealer. I'm a recent college graduate and received an offer for what seems like a combination of a risk/credit/operations r...
5
+2
3 to 4 yrs experience in unrelated finance roles breaking into trading and become a traderWith 3 to 4 yrs of unrelated & related finance experience, a CFA level 2 candidate, with a non-finance degree, and an MS in Quantitative analysis, what is the best way to break into trading, or into any trading support capacity to eventually become a trader...
9
+1
Is S&T full-time rotational program beneficial?Background: I received a BB bank FT offer after the S&T rotational internship this summer. The FT program consists of four rotations in two years then you'll be placed at a desk as an Associate. I've done intensive reading on WSO and some of the posts are super helpful in landing a return offer, and...
3
Morgan Stanley - Review - Sales and TradingSolid work life balance combined with pay in a relatively low cost living area (baltimore). Solid access to upper management.. Not as challenging as most other jobs so easy to master and become complacent. Coworkers are not the most motivated....
+1
What's your opinion on Crypto?What's your take on crypto and if you trade / hold, which coins are you holding now and why? I believe it's overhyped and a bubble but the blockchain technology does have merit...
3
+5
How to break into trading? - High quant background? Heya, So what different backgrounds do you need? For example, if you want to trade fixed income securities or options, don't you need some type of mathematical background? (In that case, is an MFE a good choice?) Whereas equities, you don't necessarily need a "highly quant," background? Correct m...
261
+4
Trading Floor BSHI All I'm an Associate in S&T on the sales side. I've had a good experience so far but changes have taken place at work which puts me at a disadvantage (reporting to not so friendly higher up). My resume looks a little hoppy given I've moved around almost every 2years, 3 times now and I want to av...
14
Morgan Stanley - Interview - Equity Capital MarketsThe most difficult question was a brainteaser. It was a hypothetical about horse racing. The question was set up like this: assume that you have 25 horses, and that you can race them in groups of 5. What is the minimum number of races that you have to conduct in order to find the 5 fastest horses o...
+2
Akuna capital final round for tradersDo any of you have experiences with Akuna's final round for traders that you'd be willing to share? What kind of questions should I expect? Is it all technical questions?...
6
+5
Equity derivative productsHello team, I wondered if anyone can give any real-life explanation on any of the following equity based products: - FVAs - Swaptions - Corridor Varswap - synthetic covariance swap - Geometric dispersion - CVS - Quanto option - Correlation swap Input would be much appreciated and could even spa...
6
+1
http://supplementforuse.com/rapid-tone-shark-tank/Rapid Tone Shark Tank We all wish there was a great way to get rid of fat, but the reality is that there is no fast remedy to get rid of off the obligation. How do you truly get the weight-loss outcomes you want? Try New Rapid Tone Shark Tank for yourself. ...
1
IMC Chicago - Interview - Sales and TradingIt was a Math question. Say, if A has $1 and B has $2, they want to play a coinflip game. Each time they flip a perfect fair coin, if it lands on head A gives $1 to B, otherwise B gives $1 to A. if anyone loses all his money in the end( with $0) , then the game ends. Ask: what is the probability tha...
+4
Flow Traders Final Round Case StudyHi, I'm currently interviewing for a position as a junior trader at Flow Traders. From what I've read online through glassdoor, the final round is has a case study. Does anyone have any tips about what to expect or how to prepare? Thanks!...
11
Bank of America Merrill Lynch - Interview - GeneralistThere were a lot of behavioral questions in the video. Tell me about yourself, tell me about your personality, tell me about your school and why you went there, and a couple markers questions...what do you do to follow the markets, what is a recent event you've been following in the markets, what is...
Akuna Capital LLC - Review - Trading-Great pay, even for Chicago -Long hours but doable -Great work environment and coworkers -Reputation. -Considerably more hours than a standard 9-5 job -A lot of high pressure situations with little time...
Nomura Holdings - Review - Global MarketsWork hours are not bad, no work on weekends. Great benefits for employees, such as healthcare and lifestyle.. Top-heavy team, focus is on bonus rather than training. Expectations of work are unclear, so performance is also unknown until bi-annual review....
Phillips 66 - Review - Oil & GasGreat, dynamic team. Very approachable management who is willing to help you learn the business better than most other companies in the industry.. On the trading front, not very aggressive and getting less and less aggressive. Smaller and less respected shop compared to the larger integrated majors ...
Bank of America Merrill Lynch - Interview - Corporate FinanceWhy do you not want to go straight back to school? Why do you want to work immediately after college? What is so appealing about churning numbers away in finance as opposed to working in nonprofit consulting or helping to raise money for the needy like you do in your free time currently? What have y...
Citigroup - Interview - MarketsWhen was a time your ethics were challenged? What do you think about plastic straws? What are your favorite Quentin Tarantino movies (this guy was grilling me about the interests I put down on my resume and other things that I had put on my resume activities like being involved in a Sustainability o...
Citadel Investment Group - Review - Prop TradingGood management, decent work life balance. They compensate you very fairly for your work unlike other firms. Long hours sometimes, culture is sometimes overbearing and job security is not the best compared to other places...
Chicago Trading Company - Review - Macro- Great work life balance - Great team - everyone is super nice - Chicago is a fantastic place to live. - Management has some flaws, but what company doesn't experience these problems - Some people on staff are oblivious...
SMBC Nikko Capital Markets - Review - TradingRelaxed, great team, small family orientated relationship with colleagues. Lenient towards holidays. . Low flow, limited progress, scattered responsibilities, little guidance. No risk appetite. Old systems....
+2
Citadel Securities Trading InterviewDoes anyone have any insight on the interview process for Citadel for a new grad trading role? I have a superday coming up with them soon and there doesn't seem to be much information online about the content that they ask....
2
+5
XOM Staffing Up Trade DeskLooking to get some of the opinions of the other physical trade guys in the forum, but anyone feel free to chime in. Given the moves XOM has made, what are your opinions on having another monster trading shop coming into the market? I agree with the sentiment that they arent going to start paper t...
29
Susquehanna International Group - Interview - Sales and TradingI find the behavioral questions pretty hard. Even though I aced both technical questions, I got a rejection. Questions I got are for example, How confident are you in your answers to online assessment? Was it hard? How many questions do you think you got right? Have you ever worked in a competit...
+2
What to prepare for the final round case study for a position of Junior Trader at Flow Traders?.......................................................................................................
9
Bank of America Merrill Lynch - Interview - Sales and TradingTell me about an asset class you're interested [this is asked in securities interviews]. Talk me through a time you were working in a team and someone wasn't pulling their weight. Talk me through a time you were working in a team and you were faced with a confrontation. Talk me through a time you we...
+1
Thinking of entering the Cannabis Craze? Cannabis stocks took a slight hit this week amid many companies facing lawsuits, SEC warnings, and the United States attempt to put a lifetime ban on Canadians who either work for marijuana related facilities or use it. On the contrary, a recent U.S. projection shows that the cannabis industry could...
2
+2
Flow Traders' Technical Interview Hi, I have my Flow Traders' Technical Interview coming up in a week , so can anyone suggest how to go about preparing for it and the resources to prepare for the same. Any help, experience is welcome . Please Help me out guys !! ...
2
0
Morgan Stanley Fixed Income Internship InterviewDoes anyone have any experience interviewing for the summer internship with Morgan Stanley Fixed Income? What kind of technical questions should I expect? Any general advice? I searched WSO but couldn't find too many relevant threads for the Summer Analyst position. Any help would be really apprecia...
35
Morgan Stanley - Review - Sales and TradingGreat mentorship, and overall good internship program with good projects assigned. Constantly kept busy.. Seniors gave not much attention to the juniors. Superficial working environment. Expectations were unclear at times....
Credit Suisse - Review - Structured ProductsOk environment, focused management, nice office, processes work well, support staff friendly, organized BO (relatively) . Used to be best in class bank for several IB divisions, but now all IB divisions getting reduced, increased focus on WM....
TD Securities - Interview - Sales and Trading- yield curve - wage inflation - portfolio strategy - 5, 10 year outlooks - Lots of micro and macroeconomics and market type of questions. - Why S&T - What do the Sales/Trading desks do, which one are you more interested in, why - resume walk through, elevator pitch ...
+8
Jane Street Final Round - What to ExpectAfter going through the interview process, the OP shared the final round interview experience with readers of WSO. Check it out below. Jane Street Capital Interview Process Before the interview I went through five phone interviews before they invited me down, and I think they would have kept going...
36
Macquarie Group Limited ABN - Interview - Sales and TradingFirst interview was technical, so it started off with telling my story as usual and explaining what an investment bank is and what an analyst does. Also mentioned a technical word in my story slightly by accident so questions following that had to do with that word unfortunately. Interviewers asked ...
Citigroup - Review - Marketsgreat exposure on the trading floor, not too bad hours if in equity, culture can be good depending on your desk. HR does not assign you into the desk you fit/want, bad hours in some desk, people are not supportive...
Shell Oil Company - Review - CommoditiesGenerally extremely good work hours, very good experinece since you are sitting right next to trades and get to see their positions/do fundamental analysis to directly influence the trading behavior. Very little as of right now, there are some administrative things (entering in deals, etc) but that ...
+3
The Massive List of Trading/Quant Questions - SIG, Jane Street, Citadel, GoldmanIt's interview season! Susquehanna, Jane Street, Goldman, Citadel -- it's all here. [redacted] for people who want more practice **Questions** 1. For a 3 sets tennis game, would you bet on it finishing in 2 sets or 3 sets? 2. I have a square, and place three dots along the 4 edges at random. Wh...
1
+1
Optiver Trading Intern - Quant AssesmentI applied to a quant trading internship at Optiver about a week ago and just got an email from HR to complete the quantitative assessment. The test is 8 minutes of speed arithmetic that's 80 questions long (yikes), and a 17-minute long quantitative skills test (assuming this is word problems or?). ...
3
Morgan Stanley - Review - Sales and Tradingvery good culture, you will learn alot but also a lot will be asked of you. Best experience for an intern if s&t is your long term goal. stressful at times, you will be expected to pick up on a lot of the learning as you go without formal instruction...
+2
Networking with Prop TradersI know that networking with traders at banks is very important to secure interviews, but is that also the case with Prop Trading firms? I'm looking into internships at some prop shops, so I'd like to know how others were able to secure interviews....
9
+1
Goldman Sachs - Interview - 2nd Year Analyst PIPG Eq. DerivativesMy girlfriend has just received an interview for the PIPG equity derivatives team of Goldman Sachs in London, after working slightly more than a year at the Interest Rate Derivatives desk for one of the larger Nordic banks. Is anyone familiar with this desk? What can she expect in terms of the int...
1
+1
Fall 2018 S&T internshipsI have spent the past few weeks applying for internships at boutique S&T related firms in new york(through indeed and my school's career portal), with no success. I am currently going into my sophomore year at a non target; however, I have a very high GPA and good extracurriculars, with a major in f...
2
+1
2019 SA S&T recruitingSeems like most of the SA recruiting discussion on here is for IBD, so I figured there should be a thread for S&T. Anybody have any insight on who is still interviewing? I'm interning at a small asset management firm this summer working pretty closely with traders but my school (non-target) has al...
2
+1
How important is some level of a Comp Sci Background for S&T?Hey all, With the financial landscape turning more and more toward algorithms, machine learning, AI, etc., I'm wondering what level of computer science people think is necessary to get into and ultimately perform well within S&T. I recently spoke with a programmer at a BB who told me that Python (...
3
+1
IMC Video InterviewHappy Friday guys! I recently received an online video interview from IMC for their Quant Trading role, after their diagrammatic test. What should I expect for this interview, and how should I prepare? Thanks!...
4
0
Brain teaser bookCan anyone recommend a good book covering brainteaser interview questions?...
14
+1
GS Securities Super Day ThreadHas anyone had a super day yet or will know when they should be contacting those who did well on the hirevues? This can be a general discussion thread....
2
Bank of America Merrill Lynch - Review - Quantitative ResearchBAML is a pretty good place for quant. Most people are nice and capable. People are fairly nice and tend to help each other.. Since it's nice there many people stay there for a long time (if not forever). It's hard to progress in career....
+1
Optiver interview probabilities Hello guys, I am having an interview with optiver and I am looking for any book that could help me prepare for probability queStions involving cards. (There are also questions about variance).I heard that optiver uses them a lot. If anyone has any clue about the questions I would be really gratef...
4
Susquehanna International Group - Review - GeneralistAutonomy, mgmt v friendly, pay in-line w/ similar jobsAutonomy, mgmt v friendly, pay in-line w/ similar jobsAutonomy, mgmt v friendly, pay in-line w/ similar jobsAutonomy, mgmt v friendly, pay in-line w/ similar jobsAutonomy, mgmt v friendly, pay in-line w/ similar jobsAutonomy, mgmt v friendly, pay...

Pages