Hi, I have an interview this week at DRW Trading for the post of Trader Assistant. What kind of questions can I expect in the interview?Thanks

The usual questions. Room with three light switches, how to tell which switch controls which lightbulb BLAH BLAH BLAH Who cares.There are 1,013 firms like this in Chicago. Who give s a crap. THEY (as a firm) HAVE NO EDGE AND NEITHER WILL YOU. You are better off giving some money to a brokerage firm and punting TY futures on your own using some software like TT or whatever. At least you don't have some idiot micromanaging your eventual - and almost assured - failure.You are better off working some regular job. You will not learn anything there.

Don Wilson likes blueberry muffins. Hope this helps if you get a second interview.I worked for them years ago and they deserve better than the dismissive response they got from Mr Papercut. DW was one of the biggest traders in the Eurodollar options pit and built up his firm with his own capital - not like these namby-pamby hedge funds who are playing with other people's cash. Do a google search on "Donald R Wilson" for more information. Here's a small article from his college alumni magazine for starters:http://magazine.uchicago.edu/9704/9704BOBProfiles3.html

Quote Don Wilson likes blueberry muffins. Hope this helps if you get a second interview.A bit late for that

QuoteOriginally posted by: maerongDon Wilson likes blueberry muffins. Hope this helps if you get a second interview.I worked for them years ago and they deserve better than the dismissive response they got from Mr Papercut. DW was one of the biggest traders in the Eurodollar options pit and built up his firm with his own capital - not like these namby-pamby hedge funds who are playing with other people's cash. Do a google search on "Donald R Wilson" for more information. Here's a small article from his college alumni magazine for starters:http://magazine.uchicago.edu/9704/9704B ... les3.htmlI understand your point. I know the guy. I used to work in that pit, and I admire him very much. But think about it this way: John D. Rockefeller built a terrific enterprise with (some of) his own capital, et cetera. However, you don't necessarily want to work at Exxon, right? It depends on the job you get, in what workgroup, how much you get paid, and so on. Being Don Wilson and working at a company he owns are not the same thing. What I am saying is that young people coming into this business need to understand that the old days are over in Chicago. It's bad, because you no longer have an edge by way of owning an exchange memebrship, or standing in an open-outcry pit. It's good because exchange memebers no longer have an edge over you! The barrier to entry is now at an all-time low. Just fund an account and start trading. You will find out quickly that "having edge" is much more complicated than it used to be, and I can virtually guarantee that there is not much to learn by working at one of these Chicago "trading" arcades.

MEETU,how did it go? I tried to work an internship w/ them did not get an interview went with another Chicago market making firm though for the summer. Will be back in the fall applying for the full-time asst. trader.Papercut, understood on the lack of edge however these guys are pushing a lot of good technology into market making; I think there's some profit to be made there not the same as the days of old but neither is the volume.