Assistant Trader Interview Questions

8,648 assistant trader interview questions shared by candidates

I have 12 poker chips, we (two people) take it in turns to pick up one or two chips, you win if you don't pick up the last chip. What is the optimal strategy? Do you want to go first or second? What about if there were 150 chips?
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Quant Trader Developer (QTD) Intern

Interviewed at Tibra

3.3
Jan 10, 2021

I have 12 poker chips, we (two people) take it in turns to pick up one or two chips, you win if you don't pick up the last chip. What is the optimal strategy? Do you want to go first or second? What about if there were 150 chips?

You and I are going to play a game where we alternate saying a number. The rules are that the starting person must say a number between 1 and 10, and then the next person can say any number that is between 1 and 10 higher than the previous number -- i.e., if I start and say 5, you can then say anything between 6 and 15. The goal of the game is for you to say the number 40. What is your strategy and why?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Nov 30, 2012

You and I are going to play a game where we alternate saying a number. The rules are that the starting person must say a number between 1 and 10, and then the next person can say any number that is between 1 and 10 higher than the previous number -- i.e., if I start and say 5, you can then say anything between 6 and 15. The goal of the game is for you to say the number 40. What is your strategy and why?

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