Test your knowledge
Pick the areas you want to be asked about, choose how many questions, and go. Every question has four options, one explanation, and a link to the page that explains it properly.
Nothing is sent anywhere. The questions are dealt in your browser from the same bank the quizzes at the foot of every asset class and every desk use, and your answers go into the same record — so anything you keep getting wrong turns up in the questions you keep missing without you doing anything.
How to get something out of it
- Pick one area and finish it before picking six. A round across everything tells you your average; a round on one desk tells you what to read tonight.
- Say the answer before you look at the options. Four plausible options are four chances to recognise something you could not have produced, and recognition is not what an interview asks for.
- Read the explanation on the ones you got right. A lucky guess and a solid answer look identical on the score.
- Wrong answers are the useful ones. They are recorded, and they come back later — spaced out — through the record page.
Where the questions come from
Every question here was written for this site, from the pages it links to. None is taken from anybody else's question bank, and none claims to be what any particular employer asks. If you are preparing for a conversation rather than an exam, the prep section and the what an interview asks here block on each desk and asset class page are the other half of the job: those are about the shape of a spoken answer, and this is about whether the facts underneath it are there.
Information and education only. These questions test understanding of how instruments and transactions work, in general terms and using simplified models. Nothing here is advice, a recommendation, or a valuation to rely on, and a good score is not a qualification. Conventions differ by market and jurisdiction and change over time. See the full disclaimer.