First New York Securities LLC Interview Questions

5 Interview Reviews

Interview Experience

Interview Experience

0%
75%
25%

Getting an Interview

Getting an Interview

66%
16%
16%

Interview Difficulty

3.8
Average

Interview Difficulty

Hard

Average

Easy

Interviews for Top Jobs at First New York Securities LLC

More

Candidate Interview Reviews

Sort: Popular Date Difficulty
  1.  

    Trader Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied through an employee referral. The process took 2 weeks - interviewed at First New York Securities LLC in June 2013.

    Interview Details

    Met with hiring executive. Was there on day markets were down big so the executive was preoccupied with more important things like making sure the firm was not losing too much money. I don't blame him for having his mind elsewhere.I offered to come back another day. the place was obviously not right for me.

    No Offer
    Neutral Experience
    Easy Interview
  2.  

    Assistant Trader Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied online. 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 Questions
    • What's the worst thing that's ever happened to you?   View Answer
    No Offer
    Negative Experience
    Difficult Interview
  3.  

    Trader Trainee, Macro Rates Desk Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied through college or university. The process took 2 weeks - interviewed at First New York Securities LLC in October 2010.

    Interview Details

    Had a series of 8 interviews over the course of 3 days. Macro rates guys were very intense and drilled market knowledge, bond math, brain teasers: put the pressure on too. Equity guys were more relaxed. Seemed like a pretty solid company, but the interview process was very protracted; the biggest fault there seemed to be their outdated technology (but they just hired a new CTO).

    Interview Questions
    • one minute timed math test, while being asked questions simultaneously (what is duration? where is the euro trading? GC? 10 yr nominal? etc...)   Answer Question
    • what is the most important quality of a trader?   Answer Question
    No Offer
    Neutral Experience
    Difficult Interview
  4. We want your feedback – Is this interview information helpful to you?  Yes | No
  5.  

    Trader Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    The process took 2 months - interviewed at First New York Securities LLC in January 2008.

    Interview Details

    Basically, you need to be prepared to sit down and talk markets and trading. As in, you have to know what you are talking about. They'll interview a lot of people but a pretty selective in who they accept. They want day traders (or people who are close to it). You need to a grind it out kind of prop trader. Overnight positions are fine, but consistent day to day profitable traders.

    Interview Questions
    Accepted Offer
    Neutral Experience
    Difficult Interview
  6.  

    Assistant Trader Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    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 Questions
    • 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
    Accepted Offer
    Average Interview

Worked for First New York Securities LLC? Contribute to the Community!

The difficulty rating is the average interview difficulty rating across all interview candidates.

The interview experience is the percentage of all interview candidates that said their interview experience was positive, neutral, or negative.

Your response will be removed from the review – this cannot be undone.