Very Difficult Interview
I applied online and the process took 2 weeks - interviewed at First New York Securities LLC in May 2011.
Interview Details – Interview process was not difficult until the 1:1 interview with a senior trader. He asked a series of difficulty questions in which the right answer was not obvious. They were more aimed to put me on edge, rather than assess technical skills. Personality questions were abundant, including scales 1-10.
Nice interviewer, but difficult questions and rather abrupt exit.
Interview Question – What's the worst thing that's ever happened to you? View Answer
I applied through college or university - interviewed at First New York Securities LLC in December 2009.
Interview Details – Interview focuses on interest in and personal experience with trading, overcoming failure, and managing risk. Strong interest in financial markets is a must. For example, give examples of trades in personal account; will then need to be able to defend why you chose to do xyz - no right answer but looking for analytical mindset with a clear defined system in place for making decisions.
Interview Question – Be prepared to defend past trades you have made against a panel of experienced traders. What was your rationale behind it, how did you measure the risk of your trade, what was your entry and exit strategy, what did you learn etc? Answer Question
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