Working at TransMarket Group | Glassdoor

TransMarket Group Overview

Work Here? Start responding to reviews
Chicago, IL
51 to 200 employees
1980
Company - Private
Brokerage Services
Unknown / Non-Applicable
Unknown
Founded in 1980 as Aardvark Financial, TransMarket Group (“TMG”) is a privately held global markets proprietary trading firm. We trade successfully by using the unique talents we have been blessed with. We use next generation technology to capture ... Read more

TransMarket Group Reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Doug Adams
16 Ratings
  • "Software Development Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer Intern
    Former Employee - Software Developer Intern
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really intelligent people, cool culture, free breakfast, lunch, and dinner, free cereal and soda,

    Cons

    There aren't really any cons.

See All 57 Reviews

TransMarket Group Photos

TransMarket Group photo of: Future's so bright....
TransMarket Group photo of: Resident experts schooling interns at poker
TransMarket Group photo of: Intern Poker Night
TransMarket Group photo of: Even More Interns at the Cubs Game
TransMarket Group photo of: More Interns at the Cubs Game
TransMarket Group photo of: More Learning
See All PhotosSee All

TransMarket Group Interviews

Experience

Experience
57%
28%
15%

Getting an Interview

Getting an Interview
60%
30%
5%
2
1
1
1

Difficulty

3.6
Average

Difficulty

Hard
Average
Easy
  1. Helpful (13)  

    Junior Trader Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience
    Difficult Interview

    Application

    I applied through other source. I interviewed at TransMarket Group.

    Interview

    A senior trader at Transmarket reached out to me via LinkedIn to schedule an interview. The firm seems to have a unique culture. It was described to me as being a cross between an IBank and a Tech firm, reach really just means the are trying to create a Google-like collaborative and fun environment by putting a ping pong table in their office and taking their employees on ski trips.

    Interview process is pretty absurd. They ask you to read a textbook on derivatives and spend 10 hours studying.... Seems a little excessive given they are only one of many firms I was interviewing with at the time.

    Interview Questions

    • First round was a brainteaser/statistics/probability round.

      First question: you have two fair dice, the sum of which is equal to the value of a security. You have a call option on this security with a strike price of 7. If you are two roll each die once to give you the security value, what are you willing to pay for this call option?

      Second Question: You have two coins, one fair coin and one with heads on both sides. You randomly choose one of the coins and flip it twice. The results are heads and heads. What is the probability that the coin you flipped is a fair coin.

      Third Question: You have a spherical balloon that is deflating at a rate such that the radius is decreasing at a constant rate of 4cm/min. At what rate is the balloon deflating when the radius is .25cm.

      Fourth Question: You have a circle with a radius of one. What is the probability that two randomly chosen points connected by a chord have a length greater than 1?

      Second Round was all fit. Seems like a pretty unique firm in terms of culture (ski trips, paintball, golf, etc.). The first two guys I interviewed with seemed pretty cool, but the guy from the third round seemed like a hardo.

      Third Round: They ask you to spend 10 hours reading Hull's textbook on options and futures, which is just about enough time to learn the very basics of options and futures if you have no background. I interviewed with a French guy with a very heavy accent, making it real difficult to comprehend anything coming out of his mouth.

      First Question: You have a revolver with six chamber slots, and you load two bullets next to each other. You fire the gun once and it's not the bullet. You have the option to either re-spin the chamber, or fire again. Which gives you the higher probability.

      Second Question: Call option at the money with strike of 100. What is a rough value for the price of the this option. What is the delta of this option?   5 Answers
See All 143 Interviews

TransMarket Group Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add Awards

Work at TransMarket Group? Share Your Experiences

TransMarket Group
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or