Break into the rooms where decisions are made.

All-in-one Finance Interview Preparation Platform built for S&T and IBD candidates.

Get Started
See how it works
Mock Interview

Practice until it's second nature.

Real interview questions for S&T, IBD, and everything in between.

  • Behavioural, technical, and markets questions
  • Real-interview style recording interface
  • Practice at your own pace, anytime
← Change track
Mock Interview Setup
Sales & Trading Track
Fixed Questions
Always included at the start. Uncheck to remove.
Question Source
Timing
Time per Question
Preparation Time
Question Selection
Behavioural questions
3 +
Technical questions
3 +
8 questions · 24 min estimated
Question 1 of 2 BEHAVIOURAL
REC ✕ Exit

Why Sales & Trading?

Response time 02:57
Interview candidate
AI generated image
Question Bank

Every question you'll face, across both tracks.

S&T and IBD question banks with written response practice. Write out your answers, refine them over time, and walk into every interview prepared.

Interview Question Bank
+ Add
150 questions · 13 answered
Search questions...
All Behavioural Technical Groups
Walk me through your resume.
Why Sales & Trading?
Why this bank?
What does an S&T desk do day-to-day?
What is market making?
Walk me through the major product groups within S&T.
Who are the typical clients of an S&T desk?
Written Response
Video Response
Your answer is auto-saved as you type.

S&T Curriculum
Markets Foundations 3/3
Fixed Income 1/4
Derivatives 0/3
FX & Macro 0/3
IBD Curriculum
Financial Modeling 0/4
Valuation 0/4
M&A & LBO 0/4
Capital Markets 0/3
All Modules
Module 1
Markets Foundations
Asset classes, market participants, microstructure & P&L intuition
3 / 3 complete
1 Asset Classes & Market Participants ⏱ 20 min
2 How Markets Work ⏱ 20 min
3 Reading the Market ⏱ 40 min
Learn/Markets Foundations/Asset Classes
Asset Classes & Market Participants
⏱ 20 min read
What is an asset class?
An asset class is a group of financial instruments that share common economic characteristics, risk drivers, and regulatory treatment. The grouping matters because it shapes how the instrument is traded, who trades it, and how its price moves.
In S&T, the asset class taxonomy is also the operating model of the bank: every trading desk is organised around an asset class (or a slice of one). When an interviewer asks "why this desk?" they are testing whether you understand what makes that asset class different: its participants, its conventions, its risk profile, its P&L drivers. Everything else in S&T builds on this.
The four core asset classes
1. Equities
Equity (stock or share) is a fractional claim on the residual cash flows and net assets of a company. Equity holders are residual claimants, paid last in liquidation but capturing all upside once senior obligations (wages, debt, tax) are met. That asymmetry is why equity returns are higher in expectation and more volatile in practice.
WFE-member exchanges saw roughly $155 trillion in cash equity turnover in 2024, implying around $600 billion per trading day globally. Market cap is roughly $120 trillion globally: the US ~50%, Mainland China + Hong Kong ~15%, Japan ~6%.
Check your understanding
What is the primary role of a market maker?
A. Execute client orders at best price
B. Provide liquidity by quoting bid/ask spreads
C. Manage portfolio risk for clients
✓ Progress saved
Learn

Structured from day one.

Two full curricula covering S&T and IBD fundamentals — built around how interviews actually work.

  • Two full tracks: S&T and IBD, from foundations to advanced
  • Content structured the way interviewers actually think
  • Pick up exactly where you left off, every session
AI Assistant

Ask anything. Get answers in context.

Your AI tutor is always one click away — ask about any concept, right from the lesson.

S&T Curriculum
Markets Foundations
Fixed Income
Derivatives
FX
Commodities
IBD Curriculum
Financial Modeling
Valuation
Learn / Markets Foundations / Asset Classes
Hong Kong
The HK-listed universe is dominated by mainland China issuers (Tencent, Alibaba, Meituan, BYD) plus financials (HSBC, AIA, Ping An).
Stock Connect (launched 2014): Northbound covers HK investors buying mainland A-shares; Southbound covers mainland investors buying HK-listed. Southbound flow has become a dominant marginal buyer of HK stocks.
Dual listings and ADR-to-HK homecomings: Alibaba, JD, and NetEase all have secondary HK listings; many US-listed Chinese ADRs added HK primary status to hedge delisting risk.
A vs H share premium: the same company often trades at different prices in Shanghai vs Hong Kong. Capital controls prevent full arbitrage.
Singapore
The SG-listed cash equity market is smaller than HKEX, but Singapore matters as Asia's offshore equity derivatives hub and the largest REIT market in Asia ex-Japan.
AI Assistant Lesson
+
Chat History (3)
Ask me anything about this lesson content.
Ask a question... (Enter to send)
Market Making

Think like a trader. Price anything.

Make a two-sided market on any question. The AI trades against you, tightening spreads round by round until you find fair value.

  • Fermi estimation through market mechanics
  • AI challenges your spread each round
  • Reveals the correct answer with explanation
alphaseekfinance.com · Market Making
How many piano tuners are there in Singapore?
Financial Modeling

Build the model.
Know the numbers.

Walk through a real Income Statement model step by step. Forecast revenue, calculate margins, and build the intuition interviewers test for.

  • Income Statement, Balance Sheet, Cash Flow
  • DCF Valuation from scratch
  • Step-by-step with formula guidance
NexCore_IS_Model.xlsx — Excel
H6
fx =G6*(1+H28)
NexCore Semiconductor (NXC)
Income Statement
Amounts in $mm
Units FY2022 FY2023 FY2024 FY2025E FY2026E FY2027E FY2028E FY2029E
Revenue $mm 15,200 22,800 28,600
Cost of Goods Sold $mm 11,400 15,960 17,160
Gross Profit $mm 3,800 6,840 11,440
Depreciation & Amortization $mm 1,368 1,596 1,716
Selling, General & Admin $mm 1,824 2,736 2,860
Operating Profit (EBIT) $mm 608 2,508 6,864
Interest Expense $mm (380) (342) (286) (286) (260) (234) (208) (182)
Pretax Income $mm 228 2,166 6,578
Tax $mm (57) (542) (1,645)
Net Income $mm 171 1,625 4,934
EBIT $mm 608 2,508 6,864
Depreciation & Amortization $mm 1,368 1,596 1,716
EBITDA $mm 1,976 4,104 8,580
Income Statement Drivers
Revenue Growth % % (17.4%) 50.0% 25.4% 8.0% 10.0% 10.0% 8.0% 6.0%
COGS % Revenue % 75.0% 70.0% 60.0% 60.0% 58.0% 57.0% 57.0% 58.0%
Tax Rate % 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0%
Market Data
Live · 15-min delayed
S&P 5007,500 ▲1.1%
NASDAQ26,517 ▲1.9%
HSI23,823 ▼0.4%
CSI 3005,059 ▲2.4%
EUR/USD1.1452 ▼0.2%
USD/JPY161.74 ▲0.3%
GBP/USD1.3197 ▼0.3%
10Y UST4.49% ▼3bp
WTI Oil$75.50 ▼0.5%
Gold$4,215 ▼0.7%
News
FOMC holds rates, signals one cut in 2026
Reuters · 22 Jun
US retail sales miss; consumer slowdown fears grow
Bloomberg · 22 Jun
Gold hits record high as dollar weakens on rate cuts
FT · 21 Jun
CSI 300 rallies 2.4% on Beijing stimulus signals
Reuters · 21 Jun
BoJ signals possible rate hike in July meeting
Nikkei · 20 Jun
Calendar
Wed, 17 Jun 2026
2 High-impact today
1. Advance Retail Sales
2. FOMC Rate Decision
08:00
Advance Retail Sales
US
High
08:00
Chicago Fed NFCI
US
Med
14:00
ECB Bank Lending
EU
Med
22:00
FOMC Rate Decision
US
High
Trade Idea
Week of 22 Jun 2026
Short US 10-year Treasury futures via the front-month contract.
Thesis
Sustained upward pressure in US rates signals hawkish Fed expectations. Asymmetric upside on any CPI surprise.
Key Risk
Flight-to-safety or softer inflation data could push yields lower.
Fixed Income Short Duration Rates
Markets

Stay sharp. Stay informed.

Live market data and AI-generated trade ideas — the context you need to walk into any interview ready.

  • Real-time equities, rates, FX, commodities
  • Weekly AI-generated trade ideas with rationale
  • Economic calendar and market news
Pricing

Join during Beta. Lock in early pricing.

Beta users get full access at a fraction of the launch price — forever, as long as you stay subscribed.

Free
$0/mo
No credit card needed
  • Financial markets dashboard & news
  • Weekly AI trade idea
  • First module of all courses
  • Interview practice (10 questions, 3 sessions/mo)
  • Mental math — Easy & Medium
Start free
Beta pricing — limited time
Pro
$7.99/mo
$9.99/mo after beta
  • Everything in Free
  • Full S&T & IBD course library
  • Unlimited mock sessions & questions
  • Market Making & Estimation — all levels
  • Mental math — Hard mode
  • Financial Modeling (all steps)
  • AI assistant (chat)
Get Pro — $7.99/mo
Contact Us

Have a question? Drop us a message.

© 2026 AlphaSeek Finance. All rights reserved.