CV and screening call followed by an in-person assessment day, consisting of several interviews with an emphasis on interest for the role, mental maths and raw intellectual ability (tests like concentration grids).
"Pre-assessment centre where your CV is grilled and you do a few typical trading exercises. Do well enough to get to the assessment centre from 8am-6pm, more interviews and computation and trading games. Overall very unprofessional and arbitrary. Onyx traders regularly swore and yelled at candidates. when one candidate started playing a trading game prematurely, one of the traders yelled 'we haven't started yet' one of the games was a literal tiktok trend where you have to say the word to the beat. Despite their claims of meritocracy our AC ended with the worst performing candidate by a significant margin on all objective assessments continuing whilst all but one of the better performing men left. they also refused to accept any reasonable adjustments."
All of us went into the meeting room where we were given questions and assignments to answer. The entire process takes about at least half a day. People get cut throughout the day.
Interview questions [1]
Question 1
Market making challenge, would you buy or sell at a given price/payoff