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Eon-Labs KB

Fast-Track Assessment (FTA)

Source: Notion | Last edited: 2023-05-29 | ID: 4041eade-7ec...

⛓️ Interview Process for All (Step-by-Step)

  1. Self-Assessment (SA)
  2. Fast-Track Assessment (FTA)
  3. Evaluation
  4. Employment or Partnership
  5. Base & Bonus Pay or Profit Sharing If you don’t have any algo-trading experience, stop now and go visit the Take-Home Assessment (THA) page.

If you’ve got some experience, then we’d love for you to give us your best guess at your WBUF stats for the last three years and your projections for the next two years. Backtesting may not always be feasible for certain strategies, so we are seeking your most informed guess.

Or, if it’s easier for you, please tell us:

Section titled “Or, if it’s easier for you, please tell us:”

  1. Minimum Rolling Trading Frequency, MRTF (e.g. 7.5 trades per day, 5 trades per minute, etc.)

  2. Expected maximum unrealized PnL percentage drawdown your trading system might experience Assuming risk-free return is zero:

  3. Expected lowest percentage yield risk premium (i.e. return) for any 28-day daily incremented successive rolling windows.

Alternatively, you could provide:

Section titled “Alternatively, you could provide:”

  1. Minimum Rolling Trading Frequency, MRTF (e.g. 7.5 trades per day, 5 trades per minute, etc.); Assuming risk-free return is zero:

  2. the expected minimum value of Sharpe Ratio for any 28-day daily incremented successive rolling windows; and,

  3. if available, the expected minimum value of Symmetric Downside-Risk (SDR) Sharpe Ratio for any 28-day daily incremented successive rolling windows.

Detailed Metrics Request & Compensation Discussion

Section titled “Detailed Metrics Request & Compensation Discussion”

Understanding these specifics will be crucial in shaping our discussions and strategies moving forward. Should it prove more convenient, kindly produce the CSV file encompassing the historical simulated unrealized floating PnL % (daily minimum, or an hourly basis if feasible) for the preceding three years. This would facilitate our efforts in formulating the matrices above.

Please Contact DO and share these values with us so that we can continue our discussion regarding your Base & Bonus Pay or Profit Sharing, depending on whether you choose Employment or Partnership.

Additional Questions

Section titled “Additional Questions”

We like to know more about what you think about these questions:

  1. Imagine you can have a trading account with certain amount of capital. 100% of the Excess Gain generated in the account will goes to a pool to fund the fixed base pay portion (e.g. monthly salary) of your Base & Bonus Pay. What’s the minimum capital necessary to keep the pool in the positive so that the pool can sustain your expected monthly base pay even during your worst performing period? (By the way, it’s just another way to find out about your ibAUM.)
  2. Apart from capital injection, what specific types of assistance do you anticipate from an ideal employer in the short and long term? (Note we’re most unlikely to allocate subordinates or any other co-worker’s work hours to support your work because you’re expected to work solely and independently.)
  3. What is the level of administrative, taxation and/or relocation assistance would you expect from an employer in the short and long term?

📍 Recruitment Board 🔑 ** Guest Researcher Area (accessible by invitation only) **🔒

- [LOB Data on S3 🔏](/engineering/integrations/lob-data-on-s3/)
- [Algo-Trading Books 🔒](/research/books/algo-trading-books/)

🔆 External Links

- [**Link-in-Bio for EonLabs**](https://bit.ly/m/eonlabs)
- [**Indeed Company Page**](https://ca.indeed.com/cmp/Eonlabs)
- [**EonLabs.com Official Site**](https://www.eonlabs.com/)

🍁 EonLabs acknowledges that the land on which we live and work is the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam Indian Band), Sḵwx̱wú7mesh (Squamish Nation), and səlilwətaɬ (Tsleil-Waututh Nation) and we are grateful for the opportunity to do so.