Serving the Quantitative Finance Community

Search found 12 matches

by rockroc
December 15th, 2010, 5:58 pm
Forum: Trading Forum
Topic: Exiting Put/Call spreads without massive losses?
Replies: 8
Views: 27135

Exiting Put/Call spreads without massive losses?

<t>I understand where you are coming from, I explored these tricks months ago when the weekly options just got listed, the whole idea was to sell OTM options, either naked or spread or Iron Condor etc, to collect a faster time decay, best scenario is both legs expire worthless, so you won't incur an...
by rockroc
November 18th, 2010, 6:17 pm
Forum: Careers Forum
Topic: switching jobs and salary information
Replies: 3
Views: 23464

switching jobs and salary information

there is no way you can hide how much you are making.
by rockroc
November 17th, 2010, 6:00 pm
Forum: Careers Forum
Topic: how fast do banks give out offers?
Replies: 14
Views: 25578

how fast do banks give out offers?

<t>Hi everybody, thanks for everyone's response,I finally caught the recuiter through endless Emails and international phone calls, at the end, it looks like he blew it, he gave out a number that is in the higher end of my range and "hiring manager has got a bit cold after we talked about the number...
by rockroc
November 11th, 2010, 7:35 pm
Forum: Careers Forum
Topic: how fast do banks give out offers?
Replies: 14
Views: 25578

how fast do banks give out offers?

only if I could get hold of the recuiter, right?shall I contact the hiring manager directly?I was told it's bad to directly contact them.
by rockroc
November 11th, 2010, 7:23 pm
Forum: Careers Forum
Topic: how fast do banks give out offers?
Replies: 14
Views: 25578

how fast do banks give out offers?

<t>Hi, thanks for your replies, I just don't understand why this recuiter made everything look like going to happen tomorrow, I just feel myself so stupid to even send him all of my documentations, home address, every single detail he asked for, now I'm concerned whether those docs really fell in go...
by rockroc
November 11th, 2010, 3:53 pm
Forum: Careers Forum
Topic: how fast do banks give out offers?
Replies: 14
Views: 25578

how fast do banks give out offers?

<t>Hi everyone, I went through a couple rounds of interview, the first round was back in late Sep.Last week, my recuiter called me right away after my last round, saying the hiring manager is 100% going to give me an offer, and we talked for 20 min about my compensation expectation, my situation rig...
by rockroc
September 17th, 2010, 7:29 pm
Forum: Careers Forum
Topic: Quant career at IDB(interdealer brokerage)
Replies: 8
Views: 26821

Quant career at IDB(interdealer brokerage)

thanks so much for your detailed reply! I hope everybody could learn something from your experience.
by rockroc
September 16th, 2010, 3:51 pm
Forum: Careers Forum
Topic: Quant career at IDB(interdealer brokerage)
Replies: 8
Views: 26821

Quant career at IDB(interdealer brokerage)

thanks, although it doesn't sound encouraging...but is this still considerred "front office" position, say after a couple years, is it generally easy or difficult to move on to a fund or a desk on banks? do they generally underpay their quants (I suspect this is the case)?thanks again!
by rockroc
September 15th, 2010, 5:36 pm
Forum: Careers Forum
Topic: Quant career at IDB(interdealer brokerage)
Replies: 8
Views: 26821

Quant career at IDB(interdealer brokerage)

<t>Hi Everyone, I'm recently approached by a recuiter regarding a quant role at one IDB. Before I go to phone interview, I want to understand the role quant plays at IDB, such as ICAP, GFI, BGC etc.?I assume, it's a relatively unknown space to most quants, as I couldn't dig out more information abou...
by rockroc
August 30th, 2010, 3:52 pm
Forum: General Forum
Topic: is Bermudan Swaption market an one way market?
Replies: 3
Views: 31849

is Bermudan Swaption market an one way market?

thanks, really appreciate your inputs, especially when you mentioned vanna risk.
by rockroc
August 30th, 2010, 3:46 pm
Forum: Brainteaser Forum
Topic: Real interview questions from a top Wallstreet IB
Replies: 20
Views: 43486

Real interview questions from a top Wallstreet IB

<t>with regards to 4) gamma questions, I think it really depends on where you are, my answer is pretty much intuition.If we use vol=0% and contract is ITM, gamma is zero, as delta is always 1. And gamma would increase when vol increases from 0%, as delta starts to change from here. Same logic applie...
by rockroc
August 10th, 2010, 8:42 pm
Forum: General Forum
Topic: is Bermudan Swaption market an one way market?
Replies: 3
Views: 31849

is Bermudan Swaption market an one way market?

<t>Hi everyone, this is my first post, hope I have some beginner's luck =P.Recently, I have been overhearing that Bermudan Swaption is an one way market with oversupply of volatility. That is, the implied vol from berm is too cheap comparing to its european counterparts. Just wondering why this happ...