Market Making Interview Review Template
Market making interview review template for reviewing setup, fair value, quotes, fills, inventory, errors, and next drills.
Candidates closing the loop after market-making mocks.
Setup
Record the game rules, payoff, position limits, quote-size rules, and scoring method.
Fair value
Review whether each midpoint estimate was reasonable under the information available at the time.
Concrete example
Quote review: fair value was about 60, quoted 59 at 61 despite high uncertainty, got picked off after a signal. Likely spread error.
Fills and inventory
Track how each fill changed position and whether the next quote responded to that position.
Error category
Assign each major miss to fair value, spread, inventory, risk, update, arithmetic, or communication.
Next drill
End with one targeted drill for the highest-frequency mistake. The review is only useful if it changes practice.
Practice the pattern
Use the LeetQuidity curriculum and calibration to turn this topic into a focused practice plan.