Trader Interview Need Help

mastershawn · December 11th, 2008, 12:51 am

I recently get a trader assistant interview, I finished the first round and enter the final round interview.I hope anybody on this board could give me some suggestion. What question they normally ask for such position?Thanks in advance!

neilmaths · December 11th, 2008, 1:02 am

What type of trader are you going to be assisting?

mastershawn · December 11th, 2008, 5:11 am

Actually, I am not sure about who I am assisting. It's a proprietary trading firm. Seems a lot of commodities trading stuff. In the first round, I was just asked some simple math questions from probability to arithmetic calculation such as 24*75%=? The answer must be fast. I did very well. Then they bring me for the final one.So I am wondering how to prepare for the final one. I really don't know how to prepare for such interview. It's not like a technology job you can at least review those knowledge...

CrashedMint · December 11th, 2008, 9:20 am

I did a few interviews in the last weeks and I thought people asked a lot about basic options stuff. Things like how your vega changes given a specific market move, how to set up different duplication portfolios, basically market 101. and they always gave numbers and wanted a real answer with numbers, something like "delta should change by about $0.25". almost at no time was I asked more theoretical stuff. i believe their rationale is that a) basics are important b) people might not be prepared though cause they focused on ito etc.