I applied online. The process took 2 days. I interviewed at Group One Trading in Jan 2011
Interview
This interview began with a few questions relating to trading and the position at Group One in particular. Such as, "why trading?, why Group One?, what do you know about options trading?, etc." In the next phase they asked me a few mental math and probability questions. These questions weren't very difficult but I highly recommend understanding statistics and probability before interviewing.
I applied through university. The process took 1 day. I interviewed at Group One Trading (Chicago, IL)
Interview
The HR lady and operations lady interviewed me at the same time. It was behavioral to start Eg: Why trading...about my experience.
Then there were 3 mental math questions.
1. What is 39*21?
2. What is 4 percent of 4?
3. You are a card dealer for a game where you deal cards 1-10 and you have to pay the person playing whatever card you deal? EX: You deal a 7 you have to pay them $7. What do you charge them to play the game? You take the weighted average...sum up 1-10 which equals 55 and then divide by 10. So charge more than $5.50
Interview questions [1]
Question 1
Then there were 3 mental math questions.
1. What is 39*21?
2. What is 4 percent of 4?
3. You are a card dealer for a game where you deal cards 1-10 and you have to pay the person playing whatever card you deal? EX: You deal a 7 you have to pay them $7. What do you charge them to play the game? You take the weighted average...sum up 1-10 which equals 55 and then divide by 10. So charge more than $5.50
The process took 1 week. I interviewed at Group One Trading (New York, NY) in Aug 2011
Interview
A phone interview time was arranged through email, was told not to sweat at all because will be very easy and laid back. Didn't practice much of mental match etc. and was asked these questions anyway which, in a bit slower time answered correctly. Other questions included why do you want to do this and question to detail a time that you had to break bad news in a work environment. Then had a nice chat with the HR person. Very positive experience overall.
Interview questions [2]
Question 1
First round mental math 2 digit multiplication question and what is decimal value of 1/6
Behavioral: Why trading? why options? what do feel about risk? biggest failure? why do you think you'll succeed?
Any questions for traders. etc.
