Futex vs Schneider

Hi Guys

Great forum invaluable information. I need some help, I have a couple of interviews next week with futex and schneider, dont know much about these prop houses some help would be appriciated! I am relatively new to trading, just finished MSc in Q finance, where can I look, to prepare for test/interview.

Thanx

Stop being Lazy and search it out !!!

maybe this person wants to get a discussion going - whats the point of having threads if all anyone does is search t2w or googles everything. Not only that but this guy might want the latest news

I agree with you

V.good point ....

ok i interviewed at both .....tests are very simple (initially its a group interview)

Schneider : A 5min mental maths test doing +,-,/,* on simple numbers including decimals eg: 43-22, 1.4+2.7, 276/2.5 ect..... then a computer game using a mouse dodge the balls, then a brief talk about the company and what u will be doing ect..... This stage is a filter.. expect about 20 other guys in the group they will probably call back 1 (guessing... obviously i dont know) and this is as far as i got !!

Futex : 3 tests range from 5mins to 15 mins.... the longer tests are a verbal reasoning type test and a maths test again simple ...the 3rd test is financial knowledge type test .....then a talk about Futex ......if u pass u get called back (i got called back) u get an interview with the guy that conducted the test (the guy is really cool !!) but thats as far as i got !!

The 1st thing the guy said to me was "I see you have done a Undergrad degree and a Masters but your test scroes dont reflect this ...why do you think that is ??"



Out of all the places i have interviewed at I think Futex was defo the best !!
When i went to give the test at Futex, i was a bit early so was having a fag outside then a few more guys came and said are you here for the test, we all went and pressed the buzzer they gave us directions up to the floor .... when we got to the floor we were meant to take a right into their office but we accidently took a left and opened the door ..... it was a 'massive' empty office concrete floors, walls ect..... That reminded me of that film "boiler room" when they have the building next door with just phones along the floor !!

sorry for my 1st reply a bit rude of me !!

STA trade spreads and have an american idolesque rejection every week, if you make it you'll be taught how to trade spreads.

Futex if you make it in will let you develop your own strategy, although they are biased towards scalping; you will be on the sim for months.

Now where could I have found this info.....!!! Thankx BTW I did search the whole site but this is still by far the best answer.

QUOTE=BJ21;513910]V.good point ....

ok i interviewed at both .....tests are very simple (initially its a group interview)

Schneider : A 5min mental maths test doing +,-,/,* on simple numbers including decimals eg: 43-22, 1.4+2.7, 276/2.5 ect..... then a computer game using a mouse dodge the balls, then a brief talk about the company and what u will be doing ect..... This stage is a filter.. expect about 20 other guys in the group they will probably call back 1 (guessing... obviously i dont know) and this is as far as i got !!

Futex : 3 tests range from 5mins to 15 mins.... the longer tests are a verbal reasoning type test and a maths test again simple ...the 3rd test is financial knowledge type test .....then a talk about Futex ......if u pass u get called back (i got called back) u get an interview with the guy that conducted the test (the guy is really cool !!) but thats as far as i got !!

The 1st thing the guy said to me was "I see you have done a Undergrad degree and a Masters but your test scroes dont reflect this ...why do you think that is ??"



Out of all the places i have interviewed at I think Futex was defo the best !!
When i went to give the test at Futex, i was a bit early so was having a fag outside then a few more guys came and said are you here for the test, we all went and pressed the buzzer they gave us directions up to the floor .... when we got to the floor we were meant to take a right into their office but we accidently took a left and opened the door ..... it was a 'massive' empty office concrete floors, walls ect..... That reminded me of that film "boiler room" when they have the building next door with just phones along the floor !!

sorry for my 1st reply a bit rude of me !![/QUOTE]

Thank you for your help, I have been offered a place at schneiders starting 3rd Nov 08. Any tips on how to survive 4 weeks, I heard they keep 3-5 out of 23 trainees.