MET Traders?? Any info appreciated

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Old Apr 5, 2009, 9:44pm   #25
Joined Mar 2009
Why exactly are they paying VAT? I see no reason why they should pay any VAT. do not live in the UK, but europe, and the VAT system is the same all the way.

Even IF (!) (and I doubt) they would have to add VAT to the invoices, it would go to the arcade's side (i.. they charge x + VAT), and the VAT would then reclaim the VAT from the government, as they have no VAT income (obviously). Now, do not say the government does not pay that Mine does - I have a small business and zero VAT income, because all our customers are out of country VAT deductabale businesses, so we do not write VAT on the invoice, and MY government happily refunds me the money

Also, do not forget that as independants they can actually deduct possibly a LOT of expenses. Business meetings, business car, allowance for spending etc. Being creative, without lying etc., can help you not exactly saving money, but funnelling some of that money into things that you enjoy (like a nice car).

That said, I am happy to live where I have a choice to tax "income from business activities and capital gain" with a flat 19%
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Old Apr 6, 2009, 12:19am   #26
 
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They are not paying VAT (financial companies aren't even allowed to register for VAT afaik) and locals on 500k per annum are usually (not always mind) more sensible than to remain a sole trader and pay 40% income tax/CGT on their earnings... see an accountant/make up your own cunning scheme!
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Old Apr 24, 2009, 12:35am   #27
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these prop firms, from what i've heard, they place a lot of emphasis on technical analysis
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Old Jun 5, 2012, 6:53pm   #28
 
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Re: MET Traders?? Any info appreciated

hello guys,
Has anybody finally accepted the offer.How was the numerical tests ?????please do share the experience
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Old Jul 26, 2012, 4:59pm   #29
 
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Re: MET Traders?? Any info appreciated

Hi all,
I have just received an email inviting me to an interview, has anybody recently had a successful interview with MET? I would be grateful if you could let me know what kind of numerical test they will give and possible interview questions to help me prepare.

I have already read the previous posts, but just wondering if any of the processes may have changed since 2007/8.

Many thanks
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Old Aug 8, 2012, 11:45am   #30
 
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Re: MET Traders?? Any info appreciated

Quote:
Originally Posted by sabotarj View Post
Hi all,
I have just received an email inviting me to an interview, has anybody recently had a successful interview with MET? I would be grateful if you could let me know what kind of numerical test they will give and possible interview questions to help me prepare.

I have already read the previous posts, but just wondering if any of the processes may have changed since 2007/8.

Many thanks
Hi sabotarj, did you go to the interview? How did you find the test? Was it similar to an SHL test?

Hope it went well for you.
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Old Aug 13, 2012, 2:21pm   #31
 
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Re: MET Traders?? Any info appreciated

Its really hard to find info about MET on the internet so ill give my 2 cents.

I applied online through a third party website which only required my CV. I got a phone call a few days later inviting me for a numerical test. The offices arent in central which is a bit annoying to travel to, but apparently they are opening new ones in canary wharf soon.

The offices are nice enough, everyone has about 6 six screens and it seems quite chilled.

Anyway the numerical test is just simple maths questions, 20qsns 10mins or 20 mins i forget, like 34x324 = ? Not like SHL in which they try and catch you out with graphs and crap like that. The pass mark is 80%.

After the numerical test I was given a financial test. Apparently this test doesnt impact your chances of getting an interview. they just want to see how much you know. The questions are qualitative and quite easy.

After i finished my tests i was notified of an interview. The interview was with the head of training programme. Seemed like a very clever guy. The interview is KILLER. prepare to die. I think they want to see how you perform under pressure. not so much how you answer the qsns. I recall being asked 3 questions at a time at one point, like 2 maths qsns and one personal qsn so your brain starts to hurt.

I was invited back for another interview with the founder of the firm, it was quite informal and grilling again. he was working while the interview was taking place so its quite odd.

I got an offer the next day. Any questions please dont hesitate to ask. I will be reluctant to answer any question that helps identify me, you know how it goes...

Apologies for any grammatical/spelling errors.
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Old Aug 13, 2012, 5:58pm   #32
Joined Jan 2010
Re: MET Traders?? Any info appreciated

do you trade spreads or outrights? or both?

Thanks in advance
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