Trainee Trader Interview Questions

8,647 trainee trader interview questions shared by candidates

You are 2 points down in a basketball match....if you shoot for a 2 pointer you have a 33 percent chance of scoring and the game goes to overtime. If you shoot for 3 you have a 25 percent chance of scoring ....if the game goes to overtime you have a 50 percent chance of winning....which shot should you go for?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Jan 10, 2012

You are 2 points down in a basketball match....if you shoot for a 2 pointer you have a 33 percent chance of scoring and the game goes to overtime. If you shoot for 3 you have a 25 percent chance of scoring ....if the game goes to overtime you have a 50 percent chance of winning....which shot should you go for?

I play a game where I start with a score of 100. I then flip 10 coins in a row. Every time I get a head I add 1 to my score. When I get a tails I take the reciprocal of my score. If you are running this game, and people are given their score in pounds at the end of the game, how much would you charge people to play?
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Quantitative Trader

Interviewed at Jane Street

4.4
Mar 29, 2019

I play a game where I start with a score of 100. I then flip 10 coins in a row. Every time I get a head I add 1 to my score. When I get a tails I take the reciprocal of my score. If you are running this game, and people are given their score in pounds at the end of the game, how much would you charge people to play?

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