Sales and Trading
- 779
- questions
New to this? Read the lessons first. 6 tracks, in the order to learn them.
Open LearnDrill sets10 sets
- All topics779 questionsMixedEvery topic in one set, shuffled, the way a real interview jumps from your story to a DCF to a market question.Sign in to save scoresStart this set
- Behavioral, HireVue51 questionsInsight HireVueThe recorded first round for insight and sophomore programs.Sign in to save scoresStart this set
- Behavioral132 questionsBehavioralsWhy S&T, why this desk, how you handle being wrong, and the STAR questions.Sign in to save scoresStart this set
- Markets105 questionsMarkets and macroWhat moved, why it moved, and what you would watch next across rates, equities, and the dollar.Sign in to save scoresStart this set
- Markets74 questionsTrade pitchA trade with a view, an instrument, a catalyst, sizing, and a stop.Sign in to save scoresStart this set
- Technicals104 questionsRatesBond pricing, yields, duration, convexity, DV01, swaps, and curve trades.Sign in to save scoresStart this set
- Technicals76 questionsOptions and volatilityThe greeks, put call parity, implied versus realized vol, and the standard strategies.Sign in to save scoresStart this set
- Technicals83 questionsFX and commoditiesQuote conventions, forwards and carry, and how commodity curves pay or charge you to hold.Sign in to save scoresStart this set
- Technicals83 questionsEquities and creditEquity flows and execution, credit spreads, CDS, and how the two markets talk to each other.Sign in to save scoresStart this set
- Technicals122 questionsMental math and probabilityFast arithmetic, fractions, probability, expected value, and the brainteasers traders like.Sign in to save scoresStart this set
More ways to practice
- Cases8 cases played step by step, with exhibits, the math, and a model answer. The first is free.
- Speed drills5 timed math drills, new problems every run.
- Voice mockAn interviewer asks out loud and you answer out loud.
- Timed interviewsA screen, a first round, and a superday on the clock, scored at the end.
- Modeling testsBuild the model in a sheet against the clock.
- Terms67 Sales and Trading terms, each with a worked example.
- Company sets17 firms, how each one interviews and what it asks.
How the interview runs6 stages
- 1ApplicationResume and short questions. Some banks ask which desks interest you.
- 2Online assessmentNumerical and logical reasoning tests, sometimes a markets quiz. Speed matters.
- 3HireVueBehavioral prompts plus a markets question such as what you are watching this week.
- 4First roundA trader or salesperson. Why S&T, a stock or trade pitch, mental math, what moved markets this morning.
- 5SuperdayRapid rounds across desks. Expect brainteasers, pricing intuition, a stance on rates or a sector, and fit with each desk's personality.
- 6OfferGeneralist offer at most banks, desk placement over the summer.
What gets askedShare by topic
- Markets and macro35%
Read next
- Sales and Trading - Overview, Guide, What You Need to KnowWSO's reference page on what sales, trading, and structuring desks do and how the job differs from banking.WSO
- College Sophomore recruiting for S&TA sophomore asks how to position for S&T and gets a roadmap on clubs, networking, and sophomore internships.WSO
- Sales & Trading Lifestyle and SalaryHours, desk rhythm, and pay from people on the floor, useful for deciding S&T versus IB.WSO
- Why aren't more people interested in S&TA 2026 thread from someone in global markets on what flow desks are actually like and the automation worry.Reddit