Tower Hill Trading Interview Questions & Reviews
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Updated Apr 23, 2012 – Interview questions and reviews posted anonymously by interview candidates.
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Difficulty Rating [?] Based on 5 ratings 
“Easy” Interview
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Interview Experience [?] Based on 5 ratings
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| 1–5 of 5 Tower Hill Trading Interviews | Sort by |
Proprietary Trader at Tower Hill Trading
Posted Apr 23, 2012
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2.0
Easy Interview
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Overall Neutral Experience
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Received and Declined Offer
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Interviewed Feb 2012 in Chicago, IL (took a day)
You aren't really interviewed. You are simply given a test and then if you do well then you are offered the position. No salary though which is tough.
Interview Questions
Reason for Declining
No salary, too uncertain
Other Details
I Applied Online and the interview consisted of a Group/Panel Interview, an IQ/Intelligence Test and a Skills Test.
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Helpful Interview?
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Proprietary Trader at Tower Hill Trading
Posted Mar 16, 2012
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1.0
Very Easy Interview
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Overall Neutral Experience
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Received and Declined Offer
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Interviewed Feb 2012 in Chicago, IL (took 4 days)
After applying online, I was contacted by email and told to come take an aptitude test. The test is made of 48 or so questions, and you're given 15 minutes to complete it. I had to really rush through the last page...
Nevertheless, I made it to the next round. Just a few days after the aptitude test, I came in for a group info session. Only one of other applicants besides me had prior trading experience. They took us to the trading floor, which was dead quiet and with lights off. Then, the manager of the company talked about their proposition, gave us the contracts to take home and to review, and told us to contact them if we are still interested in the position.
Interview Questions
Reason for Declining
I declined the offer because:
1. They pay no base salary. They pay you 80% of your profits minus trading fees. They also keep a lot of your money in the trader's bank and have a bunch of rules to keep you from cashing it.
2. I heard they have terrible training.
3. It seems they discourage teamwork.
4. I heard many negative reviews about them, especially how they rip off their traders.
5. Personal reason: prop trading is stressful and isn't worth it without adequate compensation.
Other Details
The interview consisted of a Group/Panel Interview, an IQ/Intelligence Test and a Skills Test.
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Helpful Interview?
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Proprietary Trader at Tower Hill Trading
Posted Mar 16, 2012
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1.0
Very Easy Interview
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Overall Negative Experience
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Received and Declined Offer
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Interviewed Feb 2012 in Chicago, IL (took 4 days)
Cattle call... if you show up you get the job.
Interview Questions
Based on the position of the sun which shadowing is most appropriate?
Reason for Declining
Comp package makes it impossible to make money within your first 6 months. Felt like I was being sold.
Other Details
I Applied Online and the interview consisted of an IQ/Intelligence Test.
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Helpful Interview?
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Trader at Tower Hill Trading
Posted Nov 30, 2011
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2.0
Easy Interview
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Overall Neutral Experience
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Received and Declined Offer
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Interviewed Oct 2011 in Chicago, IL (took 1 week)
Those are pretty easy IQ test. Some math, some verbal. Just make sure to do it fast and as accurately as possible. That's enough.
Interview Questions
Reason for Declining
They need an immediate fill-in for the job but I'm still a student.
Other Details
I Applied Online and the interview consisted of an IQ/Intelligence Test.
Helpful Interview?
Yes |
No
Inappropriate?
Proprietary Trader at Tower Hill Trading
Posted May 7, 2010
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4.0
Difficult Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Jun 2009 in Chicago, IL (took 3 weeks)
Started with a brief HR interview which led into an 8 minute exam with about 70 questions. This then led into being asked to take a personality test, personal bio, and another online quantitative exam. Finally, there was an interview with one of the management partners. They act very uninterested and begin heating up the interview after about 15-minutes... Get ready for a few quantitative questions. I was asked a clock question (1:20 in degrees) as well as a double digit division question. If you succeed in this interview you'll be called in to meet with the "CFO".
Interview Questions
Negotiation Details
I would shoot for a higher draw. They try to offer $1200 of an increasing scale but most of the older hires started at $2000. Don't do this unless your very confident that they want you.
Other Details
The interview consisted of a 1:1 Interview, an IQ/Intelligence Test, a Skills Test and a Personality Test.
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