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Exotic IRD trading questions
Hi there,what type of question will be asked for a entry-level exotic IRD trader ?can u give some examples ?Don't be too abstract like brainteaser questions, market knowledge... let's put down some concrete questions for practice...appreicate a lot
Exotic IRD trading questions
come on, somebody must have interviewed such roles before...
Exotic IRD trading questions
Many times interviews for derivatives and exotic trading start with binary option.Pricing and greeks of this most basic exotics should be revisited before having an interview.Also typically impacts of all the parameters of short-rate models for the pricing of IR derivertives,and sometimes it goes further to check your knowledge of BGM model.But I don't think it should be a lot different from other quant interviews.
Exotic IRD trading questions
describe why convexity is an issue in hedging and hence in pricing XYZhow many factors would you use in modelling/pricing for ir structure XYZdescribe the probablity distribution in payoff outcome of product XYZdescribe in order of importance the risks/parameters involved in pricing product XYZhow would you market/sell product XYZif vol (t,X) increases/decreases, what happens to the value / Greeks of XYZtalk me through why smile is important in valuing a binary caphow would you price XYZ from first principlesgood luck