Optiver
- Thread starter IUgrad05
- Start date
depends on your background.
i got asked some pretty technical questions, but overall its just really fun. if you like solving problems i think it won't be too much of a problem.
i don't think too much technical background is needed, but some intuition is really all they're looking for imo
i got asked some pretty technical questions, but overall its just really fun. if you like solving problems i think it won't be too much of a problem.
i don't think too much technical background is needed, but some intuition is really all they're looking for imo
i think the final round is really dependent on the person.
personally, its technical if you know a lot about options, they'll test you on options.
personally, don't stress out too much about it, just know some stuff about options and you should be fine. be logical is the most important thing.
but yeah, there is a test plus other stuff imo
personally, its technical if you know a lot about options, they'll test you on options.
personally, don't stress out too much about it, just know some stuff about options and you should be fine. be logical is the most important thing.
but yeah, there is a test plus other stuff imo
you're kidding, 130 000 for a quant?
is that what people work for these days?
whats the point of wasting your life working for someone on that kind of money?
go open up a fried chicken shop... you'll make that in 6 months with 4 people working for you you'll be putting in 4 hours a day and without having to fry your brains.....
then open up shop 2,3,4 within 3 years you'll be making that a week without having to turn up at anyone else's office and listen to the bullshit of a guy with his head up his arse....
or you if want to take risk and be a trader, could just trade you own margin FX account.... 5K a day should be realistic income for a good trader with 50k start up capital.... working 3 hours London or NY open, no one to report to....
is that what people work for these days?
whats the point of wasting your life working for someone on that kind of money?
go open up a fried chicken shop... you'll make that in 6 months with 4 people working for you you'll be putting in 4 hours a day and without having to fry your brains.....
then open up shop 2,3,4 within 3 years you'll be making that a week without having to turn up at anyone else's office and listen to the bullshit of a guy with his head up his arse....
or you if want to take risk and be a trader, could just trade you own margin FX account.... 5K a day should be realistic income for a good trader with 50k start up capital.... working 3 hours London or NY open, no one to report to....
Hi guys,
Just failed the Optiver test today
(
Here's what it looks like:
1. There are 80 questions in 8 minutes (that point should be clear by now)
2. The questions are very mixed; they're not all like a + b = ?, but rather ? + b = c, a / ?= c, ? * a = c and so on.
3. Furthermore, the fractions are killing, especially because they're never in their most simple form; let's say the correct answer is 3, among the possible choices you may have 6/2, 81/27 or some other shit like that.
4. The additions are fine, I didn't encounter any decimals, they're mostly 2x2 and 3x3 additions.
5. The multiplications and divisions are pretty tricky, in that they're something like 0.18/0.3, with possible answers 0.6, 0.06, 6 and 1.67 (0.6 is the correct answer); in the rush of the moment is definetely easy to get mixed up between 0.6 and 0.06, especially taking into account point 6, below.
They're always decimal (up to three decimals) multiplications/divisions (.006 * .5, .4 * .03) and divisions, only two or four "classical" ones, like 54 / ... = 9 and ... * 13 = 104.
6. There are 2 sheets of paper: one with the questions and one with the answers. It's a pain in the ass to compute the thing, identify the correct answer then cross the corresponding letter on the answer sheet. In between these steps, lots of mistakes can be made.
So my advice to whoever is interested, is to do the http://www.dennisfleurbaaij.com/mathtest.php tests for 3-4 days, until you can get to 60 answered questions with 2-3 wrong ones, then get yourself two pieces of paper and basically replicate what I've just said.
The http://www.dennisfleurbaaij.com/mathtest.php tests are way too difficult for what's required, namely simpler computations and especially the ability to transcribe the answers correctly.
Let me know whether you have any more questions,
Just failed the Optiver test today
(Here's what it looks like:
1. There are 80 questions in 8 minutes (that point should be clear by now)
2. The questions are very mixed; they're not all like a + b = ?, but rather ? + b = c, a / ?= c, ? * a = c and so on.
3. Furthermore, the fractions are killing, especially because they're never in their most simple form; let's say the correct answer is 3, among the possible choices you may have 6/2, 81/27 or some other shit like that.
4. The additions are fine, I didn't encounter any decimals, they're mostly 2x2 and 3x3 additions.
5. The multiplications and divisions are pretty tricky, in that they're something like 0.18/0.3, with possible answers 0.6, 0.06, 6 and 1.67 (0.6 is the correct answer); in the rush of the moment is definetely easy to get mixed up between 0.6 and 0.06, especially taking into account point 6, below.
They're always decimal (up to three decimals) multiplications/divisions (.006 * .5, .4 * .03) and divisions, only two or four "classical" ones, like 54 / ... = 9 and ... * 13 = 104.
6. There are 2 sheets of paper: one with the questions and one with the answers. It's a pain in the ass to compute the thing, identify the correct answer then cross the corresponding letter on the answer sheet. In between these steps, lots of mistakes can be made.
So my advice to whoever is interested, is to do the http://www.dennisfleurbaaij.com/mathtest.php tests for 3-4 days, until you can get to 60 answered questions with 2-3 wrong ones, then get yourself two pieces of paper and basically replicate what I've just said.
The http://www.dennisfleurbaaij.com/mathtest.php tests are way too difficult for what's required, namely simpler computations and especially the ability to transcribe the answers correctly.
Let me know whether you have any more questions,