Advanced Market Making Interview Prep
Advanced market-making interview prep for related markets, options intuition, hedging, stale quotes, inventory risk, and review loops.
Candidates already comfortable with basic market-making quotes who want harder practice.
Advance beyond the first quote
Harder prompts test what happens after the obvious quote. Related information, hedging cost, inventory limits, and stale quotes can all change the right action.
Use related markets carefully
A related market can update fair value or hedge risk, but related does not mean identical. State the link and the residual risk.
Concrete example
If one event contract moves after a signal, a correlated contract may need an update too. The update may be smaller if the relationship is noisy.
Add a review loop
After each mock, classify misses as fair value, spread, inventory, hedge, stale quote, arithmetic, or communication. Advanced prep requires targeted repair.
Common mistakes
Candidates often add jargon without improving decisions. Advanced answers should still be plain: what changed, what risk remains, and how the quote responds.
Practice the pattern
Use the LeetQuidity curriculum and calibration to turn this topic into a focused practice plan.