Math entrance tests for trading jobs.

M

mickeyG

Has anyone ever taken math/aptitude tests in an interview for a trading job? I am asking because I am going to an interview at a trading firm next week. A friend of mine took a test at a trading firm interview where he had to answer 22 out of 25 arithmetic questions correctly in 10 minutes or less to pass. No calculators were allowed. What sorts of tests have you guys had to pass to be accepted into trader development programs?
 
Mosts tests have to do with probability or multiplication. Most of the groups who give tests are those options firms. Another time, I had to play simon says competing with the other candidates.. Good Luck and keep trying if you don't get it the first time..
 
I've had to do a few, but I think they are pointless - some of the best traders I've known could not do math to save their lives and some of the best quant guys could not trade to save their lives...

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Dan
 
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