The first phase consisted of 3 different analytical tests: quick maths, number sequences, multiple choice calculations. I was solving the test in the same room with about 10 other candidates and after each test a few dropped out, for not reaching a high enough score. Phase two happened a couple of days later over the phone. It was just a quite straightforward motivation talk, where I had to explain why I am interested in trading, talk about my previous experiences,... The last phase consisted of a 3-hour, 3-part interview at the company. The first one was an HR interview, which was quite intense, as the recruiter gives you a variety of personal and difficult questions, for which you have little time to answer. The second hour was just getting to know the company a bit better, sitting next to a trader at his desk and asking him questions. The last technical part was really difficult, as two traders really test your estimating ability and your confidence in your answers. At first you get some statistical problems to estimate and then you play a market making game based on your estimates. The key is to be confident in your answers, even if you cannot get tot the exact number.