Equity derivatives trading interview questions

Equity derivatives trading interview questions

Posted: nux-lux Date: 14.06.2017

I got a interview with a BB for Equity derivatives trading position. This is for Goldman Sachs Interview. Do you have any other questions they might ask for this position? There are WSO interview guides that probably would benefit you, not too sure about specific questions. Also, I doubt they'll ask you to derive black scholes for a SA position. After all, it is I interviewed for a GS equity derivs analyst position once actually, a very long time ago.

You will not be asked to derive anything. You will not be quizzed on Feynman-Kac. You will not even be asked much about implied vol. GS was, and probably still is, very fit based. They may ask if you know the inputs to black scholes. Or can talk about where gamma is the highest in the life of an option. Be prepared to talk about your background and why you are interested in the desk and the career of trading. Also, for why equity derivatives, what should my response be? Does anyone work in equity derivatives that can tell me what some things are to include in my response as to why I'm interested in equity derivatives in particular?

I realize this is largely subjective, but a few pointers would greatly appreciated. I got fascinated with equity derivs years ago. However, the returns using them can be exponential. I also like them because you can bet on events such as use straddles if an event is pending like the results of a lawsuit, earnings release etc.

Don't want to sound redundant, but Barron's is a must-read before interviewing in equities or something dealing with equity markets. Have a good macro view as well. I would research the company.

Know why that company in addition to why eq. Also, demonstrate a love for the equity markets in general. For me, my interest was peaked when I started following the stock market back in high school. I bought my first stock then. I minored in Philosophy to hone my art of bullshitting. Combining these two fields with my natural proclivities has allowed me to separate very large sums of money from untold quantities of people in my 14 year career on Wall Street.

Knowing the ins and outs of several large product areas has given me the knowledge of where to best hide fees. This way, the client thinks they are getting a great deal while I am ripping their fucking face off.

This has allowed me to garner repeat business from said targets giving me a recurring, high margin revenue base that is portable to your firm. For Why trading and why not IB type of question, what kind of answers will looks good?

Equity Derivatives Interview Questions from Goldman Sachs | QuantNet Community

Hi everyone, I'm about to have interviews with an associate, VP and MD of an equity derivatives trading team at a BB for an off-cycle internship position. Remember they don't expect you to know everything. Know your greeks, just the basics. Just explain to them you don't know exactly how to do this, but you know what gamma is, and you wouldn't mind having them guide you in how to get to the rest.

In other words - ok if you don't know, just make sure you put some relevant knowledge to work. If you don't know much, and didn't study much finance they shouldn't ask you much about options, and they will mainly be testing your intellect and how you react under pressure. Don't rush, take a deep breath and ask THEM questions every time you stumble on something. Read the FT as you said - back to front. Read also about the company you are interviewing at and ask some random questions about stuff you have read recently in the press.

Most likely they won't know themselves about what you are asking them, and will be positively surprised you are curious about the company.

You'll find most of what i wrote are generic interview advice, but at a very junior level that's as hard as it will get. Best of luck, I am familiar with your environment, and it's a great one to work in. All three interviewers are traders. HR mentioned it will be a competency based interview with technicals. I come from a physics background so I'm expecting brainteasers and options. My first phone interview with the associate and VP were on options and brainteasers, so I am thinking the upcoming round will be kind of similar.

I will read up and be familiar with the greeks by the interview. I would also ensure you have an understanding about probability and risk. Some of these people have no idea what they are talking about.

Unless you are a MFinEng or a PHD they are not going to ask you to derive BS or know measure theory or ito or any of that. If someone asks that they are ridiculous. That all takes significant, and occasionally very specific, mathematical background. Most complicated I'd expect is understand the greeks and their relationships.

They're all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. I have an interview for an Equity Derivatives desk, and want to have a full solid answer as to sedco forex drilling I am interested in joining an equity derivatives desk. Thoughts and cp money maker june 2016 answers would be greatly appreciated.

Thanks for sharing this information. Equity Derivatives Trading Interview Advice Originally Posted: Has anyone gone through this in the past? Any ideas as to specific types of questions?

I've heard an assumption of many brainteasers but not from anyone that has gone through it. Lets hope MS still exists by time you have your interview. NEVER lose your BlackBerry www. IB PE HF RE CO TR AM ER CF ALL JOB BSCH OFF FASH TREND BEST. Home Forums Sales indian stock market result calendar Trading Forum Equity Derivatives BB Interview: Equity Derivatives BB Interview: Hi, I got a interview with a BB for Equity derivatives trading position.

What kinds of questions should I expect in terms of behaviors and technical questions? Log in or register to post comments. Sorry, you need to login or sign up using one of the blue buttons below in order to vote. As a new user, you get 3 WSO Credits free, so you can reward or punish any content you deem worthy right away. See you on the other side! Free total money makeover download Modeling Training Self Study Courses.

Hedge Fund Interview Questions. Investment Banking Interview Brainteasers. Understand everything about implied vol. Investment Banking Interview Case Samples. Equity Derivatives Interview Originally Posted: Excel Model Templates and Training. Private Equity LBO Modeling Tests. So many ways to go with this. I get bored with fixed income, so naturally, I preferred equity derivatives to fixed income derivatives.

The non-linear layoffs are appealing to me. I love managing the risk of the greeks. As long as my client has a view on any stock or index, I will have something to sell them. It doesn't matter if they're bullish, bearish, or neutral. I posted the below as a response to "tell me about yourself".

Sales & Trading Interview Questions | How To Prepare

You can use that framework, even if the specifics are different for you. Thanks guys for your feedbacks. It's really helpful to me. Equity Derivatives Trading Interview Originally Forex malibu trade room What interview questions would they ask beyond the standard competency ones?

Do you think these would cover it? Investment Banking Interview Questions and Answers. Is it only the traders? Or some sales dudes as well? Thanks alot, that is some solid advice. Investment Bank Interview - Toughest Questions.

Let's start with why you're interested in Equity Derivatives? Private Equity Interview Questions. Hedge Fund Interview Sample Pitches - Long and Short. Modeling Training - Special for WSO Members. LBO Modeling Tests for PE Interviews. Must Reads on Wall Street Oasis. Anatomy of a 10k. My fool proof HF research process revealed here What technical questions should I expect? Rates Sales Analyst Interview- What type of questions can i expect?

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Jane Street Capital FIRST ROUND phone Interview. Please tell us a little bit more about yourself to send equity derivatives trading interview questions the most relevant notifications Closest City - Please select a City - New York Boston Chicago Hong Kong Houston Los Angeles London Philadelphia Toronto San Francisco Singapore Washington DC Atlanta Austin Bangalore Berkeley Buenos Aires Beijing Calgary Charlotte Dallas Denver Frankfurt Madrid Miami Melbourne Montreal Moscow Mumbai New Delhi Paris Rio de Janeiro Salt Lake City San Diego Sao Paulo Seattle Shanghai Sydney Vancouver Other.

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equity derivatives trading interview questions

I just realized nobody on this forum ever takes a second to appreciate all the hard work kasikorn bank fx rates put in and all the great knowledge we share with each other.

A year ago I graduated from HS and entered my local CC because I had no clue what was really for me. I was a Computer Science major at the A little about me: I don't equity derivatives trading interview questions from typical financial services major nor have I currency exchange rate pakistan open market wanted to be an IP myself.

All the same, I love my job and don't wouldn't trade it or my firm for the world. The market is turning rapidly In the last 60 days I've seen so many deals fall out. Not just mine but other brokers across several asset classes. Buyers are hyper critical of everything. Sellers still want crazy money Apartment investors selling at 4 caps and trying to buy retail at a 6.

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They see the end in Finally cut it Guys, So I finally cut it 3 years after graduating from undergrad, and I would like to share my story to you guys as this forum has been staying with me along the way and indeed the break-in cases here keep on pumping gas into me whenever I got rejected.

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I live in DC which is a swamp, no pun intended, and I'm thinking of uprooting and going somewhere new. A lot of the posts on here are about NYC vs LA vs Chicago etc in terms of nightlife, cost of Career Resources Investment Banking Interview Questions Private Equity Interview Questions Hedge Fund Interview Questions Consulting Case Interview Questions Financial Modeling Training Resume Reviews by Professionals Mock Interviews with Pros Company Specific Research.

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I got put in touch with an analyst by a very senior MD who wanted to me reach out back to him after talking to the analyst. However, it seems as though this analyst has been really busy and hasn't Is it worth pursuing a career in trading in ? I am set to graduate this year and I am currently looking for TA roles. The more I read about the industry, the less worthwhile it all seems in the long run.

Can college grads still make a Jefferies vs Harris Williams vs Houlihan Lokey Among these middle market firms, what is the best option in terms of prestige, pay, PE exit opps, and deal flow?

If you attend a one day IB work shop, should you put that on ur resume? Would you put that under professional experience?

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