For an upcoming interview I have a group trading exercise. My understanding is that there will be multiple fruits and a group of candidates as market makers.
I have seen similar posts to this on WSO however I can't seem to find anything that explains how this game will actually unfold or what strategies might be advantageous.
Thanks in advance!
Comments (10)
I should also mention I have been using the Oxyor trading simulator for practice however I am still lost for how this will relate or any specific strategy to go for (how to play).
I actually know this game. Not through some interview but through a real game show. Very interesting game and there's definitely a way to win.
Would you be able to provide reference to it or elaborate more on that please?
Thanks!
Trading Game (Originally Posted: 09/30/2011)
Hey guys, got a FT trading final round interview at a BB coming up. HR lady told me we are going to play a trading game, so I want to prepare a bit. I remember previously stumbling upon a article on leveragehedge on the open outcry trading game, but now the link/website seems to be down. Anyone know whats up with this, or if there is some other way to get the article?
Thanks, any other input will also be appreciated.
The trading game is going to be probability based most likely. The instructions will be straightforward. Just practice simple math.
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Just know how to calculate expected value and know the general flow of information from client to salesperson, to trader, and then back again
I did the open outcry game at a UBS event in CT. It wasn't for an interview, and I'm not 100% sure if its the game you will be playing.
We were broken into teams of 4-5, with a total of 5 or 6 teams (I was on the non-target team with some kids from UConn, Howard and Moorehouse). Basically, the game begins with the facilitator setting the price for a security. Then, teams bid or ask around to sell at a certain price. As more deals are made, the prices change, and the teams respond accordingly. Let me know if this is similar to the article you read.
Thanks for the feedback. WSO won't let me post link coz of spam, but it was on leveredhedge, which I guess is down.
google cache or archive.org it
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