Assistant Trader Interview Questions

8,648 assistant trader interview questions shared by candidates

We have two candles. The one burns in 2 hours the other burns in 1 hour (I am not sure about the numbers). At which time should we burn simultaneously these candles in order the one candle to have double the length of the other at 4pm?
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Quantitative Trader Intern

Interviewed at TransMarket Group

4.1
Apr 17, 2017

We have two candles. The one burns in 2 hours the other burns in 1 hour (I am not sure about the numbers). At which time should we burn simultaneously these candles in order the one candle to have double the length of the other at 4pm?

You have all the clubs from a deck, 13 cards, and you can choose 2 from the deck and get paid their product, where all face cards are considered to be 0. You can pay $1 to reveal the difference of any two cards you choose, how much would you pay to play this game?
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Quantitative Trader

Interviewed at Jane Street

4.4
Jan 15, 2018

You have all the clubs from a deck, 13 cards, and you can choose 2 from the deck and get paid their product, where all face cards are considered to be 0. You can pay $1 to reveal the difference of any two cards you choose, how much would you pay to play this game?

2 mental math questions, two probability questions. (1) If you have 4 coins, you toss them, what the expectation value of get heads, not you have a chance to redraw four coins one more time, what is your expectation (2) Two team has equal win probability, What is the probability that they go to series 7.
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Assistant Trader

Interviewed at Jane Street

4.4
Jan 21, 2014

2 mental math questions, two probability questions. (1) If you have 4 coins, you toss them, what the expectation value of get heads, not you have a chance to redraw four coins one more time, what is your expectation (2) Two team has equal win probability, What is the probability that they go to series 7.

let's assume you have a sequence of 36 integers consisting of just 1's and 0's (i.e. 01010101..., 10000100... ). Can you construct a sequence such that every subsequence of length 5 is unique? Let's assume that you start with 00000. How would you construct it? (For instance, if you start with 00000100001..., then it's not valid since you have two subsequences (00001, 00001) of length 5 that are identical).
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Assistant Trader

Interviewed at Jane Street

4.4
Nov 14, 2013

let's assume you have a sequence of 36 integers consisting of just 1's and 0's (i.e. 01010101..., 10000100... ). Can you construct a sequence such that every subsequence of length 5 is unique? Let's assume that you start with 00000. How would you construct it? (For instance, if you start with 00000100001..., then it's not valid since you have two subsequences (00001, 00001) of length 5 that are identical).

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