Probabilty, problem solving, and logic
Trader Trainee Interview Questions
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The problems are confidential but were basic probability questions, included handling of expected value and knowing how to use it to your advantage. Also conditional probabilities.
Probabilities. Expected value. Market making.
Brainteasers, a little bit game theory
Repeated coin toss; The outcome observed; What is the probability of sth.
The first was a basic number theory puzzle. The second was a simple probability problem, with increasingly trickier questions.
-Expected value of dice games etc.
Throw a dice, re-roll if you don't like the result. How do you maximize the expected value?
One about a bear and fish. Another one about gold and silver coins.
To make markets on certain outcomes
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