Now, I will talk about my telephone interview for a global brokerage firm. The position is highly coveted and each telephone interview is done in blocks of 15 minutes. I was a bit nervous and did not prepare well enough for some questions that were asked of me. However, I am gonna let you have the benefit of asymmetric information by telling you what are the various questions that will be asked of you:

• What do you know about us and why are you interested in becoming a broker?
• Can you tell me what is inter-dealer broking?
• What happens to bond prices when interest rates increase?
• How do you know about our firm?
• Can you tell me the difference between voice broking and electronic broking?
• Who are our competitors?

There were several times I was unable to get the accent and asked for clarification. However, overall, the interview was a ......