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Old 11-07-2006, 12:56 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Sketchy Job offer potential??

Optiver employs about 200 employees worldwide, 25 of whom are partners in the business.

Head office in Amsterdam - 160
The Sydney office - 30
Chicago - 10

It appears that they primarily arbitrage the mispricings between related securities. For example, between options and the underlying stock.

You should probably look thru their recommended reading list...
Natenberg/Option, Volatility and pricing
Hull/Options, futures and other derivatives
Roger Lowenstein/When Genius Failed
Nicholas Dunbar/Inventing Money

They explain that the test, which is a 1st stage way to screen out candidates... you will be tested on your calculation skills. Having excellent analytical and numerical skills is one of the most important requirements for becoming a Market Maker with Optiver.
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