I applied online. I interviewed at Belvedere Trading (Chicago, IL)
Interview
Had to do an OA and a HireVue before the 1st round of interviews. Round 1 was mostly Resume based. I was also asked about volatility skews, played some market-making games.
Interview questions [1]
Question 1
market making - started with "you have a ticker X trading at $100. How would you make market on it?"
I applied online. I interviewed at Belvedere Trading
Interview
The interview process is approximately 45-minute about the technical experience that related to your background and the role responsibilities. The interviewer also ask some mental math and expected value questions
I applied online. The process took 1 week. I interviewed at Belvedere Trading (Chicago, IL) in Sep 2023
Interview
First an online assessment testing option knowledge and dynamic programming, then first-round technical interview (basically cover resume questions and option basics, and several brainteaser problems), a take-home project, and a superday.
Interview questions [1]
Question 1
Why implied vol smile exist? Advantages and disadvantages between BS model and trees?
Quantitative Research Intern applicants have rated the interview process at Belvedere Trading with 3.7 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 67% positive. To compare, the company-average is 54.5% positive. This is according to Glassdoor user ratings.
Candidates applying for Quantitative Research Intern roles take an average of 7 days to get hired, when considering 3 user submitted interviews for this role. To compare, the hiring process at Belvedere Trading overall takes an average of 16 days.
Common stages of the interview process at Belvedere Trading as a Quantitative Research Intern according to 3 Glassdoor interviews include:
One on one interview: 50%
Skills test: 25%
IQ intelligence test: 25%
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