Prop trade black-list?

[yuapanda]

I had heard that Optiver (Australia) has a black-list where if you failed their assessment once you'd never be able to apply again.

Any truth in this?

 

[IBD_Haunter]

they say that...... if you fail their test once, you wont be allowed to retake the test again. That's what they say, but I dont know whether it is actually done!

 

[xusorcim]

Apparently same for Tibra. Says on their website they currently do not cater to people who have failed their previous application ...

 

[TRDRgrl]

Yes, it's true.

 

[minime69]

what a load of BullS**t, who are they to say if someone can trade or not just because they fail some test. i am not a grad but have been successfully trading since 1994.

we should start a blacklist of our own blacklisting these arcades!

 

[omicront2w]

sorry to jump in, but my view is that blacklisting is not intending to provide an opinion on the quality of a trader.

It is merely the result of the practical limitation of having the same test all the time.
The purpose of it is to produce a fair balance between candidates, and at the same time not having ppl repetitively clogging the test centers..

..and optiver and tibra are not arcades btw

 

[naked shorts]

Tibra get something like 1000 applications per month. they can only hanlde so much