Market Making Interview Final Checklist
Market making interview final checklist for fair value, bid-ask quotes, spread, inventory, updates, risk, and communication.
Candidates doing final review before market-making interviews.
Fair value
Can you state a fair value estimate and the assumptions behind it before quoting?
Bid and ask
Can you turn the fair value into a two-sided quote with a spread that matches uncertainty and incentives?
Inventory
Can you track whether you are long, short, or flat and skew quotes when position risk changes?
Updates
Can you explain how a trade, signal, or clue changes fair value, spread, size, or skew?
Risk
Can you name position limits, drawdown, adverse selection, and transaction costs when they matter?
Communication
Can you give the quote, the reason, and the next update in concise language under time pressure?
Practice the pattern
Use the LeetQuidity curriculum and calibration to turn this topic into a focused practice plan.