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Where the FTSE 100 is trading today

Question

Roughly what level is the FTSE 100 index at right now?

Short answer

Know the current level to within a few per cent before the interview. The FTSE 100 is the main UK large-cap equity index; check its level, recent trend and the main drivers (e.g. commodity and bank stocks, sterling) in the days before. The interviewer is testing whether you follow markets, so a confident approximate figure plus some context beats an exact number with no understanding.

Adapted from Joshi, Denson & Downes, Quant Job Interview Questions and Answers, Q9.23, p.304; question and answer rewritten by SelfMadeQuant.com.

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