10+ QuantumLink Communications Interview Questions and Answers

Financial reporting involves the disclosure of financial information to stakeholders. Mutual funds pool money from investors to invest in securities.

• Financial reporting is the process of presenting financial information to stakeholders, such as investors, creditors, and regulators.

• It includes financial statements like balance sheets, income statements, and cash flow statements.

• Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversif...read more

Corporate action refers to any event initiated by a publicly traded company that impacts its shareholders and can include dividends, stock splits, mergers, acquisitions, and more.

• Corporate actions are events initiated by publicly traded companies

• They can impact shareholders and may involve changes in ownership, capital structure, or financial position

• Examples of corporate actions include dividends, stock splits, mergers, acquisitions, spin-offs, rights issues, and share buyba...read more

I handle escalations by staying calm, listening actively, empathizing with the customer, finding a solution, and escalating to a higher authority if needed.

• Stay calm and composed during the escalation

• Listen actively to understand the customer's concerns

• Empathize with the customer to show understanding and build rapport

• Find a solution that meets the customer's needs and expectations

• Escalate to a higher authority if necessary for resolution

NAV stands for Net Asset Value, it is the value of a fund's assets minus its liabilities.

• NAV is calculated by subtracting the total value of a fund's liabilities from the total value of its assets.

• The formula for calculating NAV is: NAV = (Total Assets - Total Liabilities) / Total Number of Outstanding Shares

• NAV is typically calculated at the end of each trading day to determine the price at which shares of the fund are bought and sold.

• For example, if a mutual fund has total ...read more

A swap is a financial derivative contract in which two parties agree to exchange one stream of cash flows for another.

• Swaps are commonly used to hedge against interest rate risk or to speculate on future market movements.

• The two most common types of swaps are interest rate swaps and currency swaps.

• In an interest rate swap, two parties agree to exchange fixed and floating interest rate payments based on a notional principal amount.

• In a currency swap, two parties agree to excha...read more

Types of swaps include interest rate swaps, currency swaps, and commodity swaps. Accrual calculation is the process of determining the amount of interest earned or owed on a swap.

• Interest rate swaps involve exchanging fixed and floating interest rate payments based on a notional amount.

• Currency swaps involve exchanging principal and interest payments in different currencies.

• Commodity swaps involve exchanging cash flows based on the price of a commodity.

• Accrual calculation inv...read more

Capital market is a financial market where long-term debt or equity-backed securities are bought and sold.

• Capital market facilitates the buying and selling of long-term financial instruments such as stocks and bonds.

• It helps companies raise capital by issuing stocks or bonds to investors.

• Investors can buy and sell securities on stock exchanges like NYSE or NASDAQ.

• Capital market plays a crucial role in the economy by channeling funds from savers to borrowers.

• It includes primar...read more

Accrual income is recorded when it is earned, regardless of when cash is received.

• Accrual income is recognized when it is earned, not when cash is received.

• It involves recording revenue or expenses in the period they are incurred, even if cash transactions have not occurred.

• Accrual income is recorded through adjusting journal entries at the end of an accounting period.

• Examples include recognizing revenue from services provided but not yet invoiced, or recording interest incom...read more

NAV is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• Calculate the total value of assets

• Subtract the total value of liabilities

• Divide the result by the number of outstanding shares

• NAV = (Total Assets - Total Liabilities) / Outstanding Shares

• NAV is used to determine the value of a mutual fund or ETF

Margin calculation for futures

• Margin is the amount of money required to open a futures position

• It is calculated based on the contract size, price, and leverage

• Initial margin is required to open a position, maintenance margin to keep it open

• Margin calls occur when the account falls below the maintenance margin

• Example: Buying one E-mini S&P 500 futures contract with a contract size of $50 x S&P 500 index value and a price of 3,000 would require an initial margin of $6,000

Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take on leverage and potentially increase returns.

• Example: A call option on a stock gives the holder the right to buy the stock at a specified price within a certain time frame.

I have 3 years of experience in my previous company working as a software engineer.

• Worked on various projects involving web development and database management

• Collaborated with cross-functional teams to deliver high-quality software solutions

• Received positive feedback from supervisors for my problem-solving skills and attention to detail

Derivatives are financial instruments that derive their value from an underlying asset or security.

• Types of derivatives include futures, options, swaps, and forwards.

• Futures are contracts to buy or sell an asset at a predetermined price and date.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price and date.

• Swaps involve exchanging cash flows based on different financial instruments.

• Forwards are similar to futures, but are...read more