I think it’s relevant to have a thread containing interview advice for firms such as Tibra, Optiver etc.
These firms are small trading houses that rival the Bulge Bracket when it comes to recruitment standards, and compensation is said to be above Bulge Bracket in some cases.
Has anyone had experience with the actual interview stages with any trading houses? While they don’t actively seek finance graduates, their questions tend to include more technical questions than standard IB interviews, with a heavy focus on numerical and quantitative skills.
Possible questions include:
- On the spot numeracy questions, i.e 5.4 x 3.2.
- Competency questions, i.e standard IB style “Explain a time when you’ve led a team”.
- Technical questions, i.e. “Explain the concept of arbitrage”, ranging to advanced questions such as “Outline the main variables in the Black Scholes model”.
Any and all input is welcome - I believe Chris has worked in a trading house before, so maybe he can give some direct input?