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      BNP Paribas

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      FX Option Trading Graduate Interview

      Jan 17, 2014
      Anonymous Interview Candidate
      Singapur
      No offer
      Positive experience
      Difficult interview

      Application

      I applied online. The process took 1 day. I interviewed at BNP Paribas (Singapur) in Jan 2014

      Interview

      1: First Round: Numerical Testing 2: Second round: 1 to 1 interview with an FX trader. I think the questions you will be asked depends on the interviewer. My interview gave me an absolute hard time. I will say this was technically the hardest interview i have ever attend. He ask me questions for 1 good hour. No calculator allowed or materials what so ever. I'm not sure if i will be invited for the second round but i dont think i will. I managed to answer most of the questions correctly given the time limit. (Yes, you are not suppose to take too long to answer)

      Interview questions [1]

      Question 1

      What probability is 1 std dev from the mean of a normal distribution? S=100, Flat structure, strike=110, vol=10% what is the chance that the call option will be in the money? Speed Math: is 5.5^2 closer to 5^2 or 6^2? Recite the BS equation, what are the parameters need to solve that? What is the formula for future's price? Plain vanilla call, KO option with barrier > K, KO option with barrier < K. Rank these options from cheapest to most expensive.
      Answer question
      8

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