Equity Derivatives Interview Questions

130 equity derivatives interview questions shared by candidates

100 pennies in a jar. 1 penny has 'heads' on both sides. You pick a penny out of the jar and give it to your friend (without looking at the penny). Your friend flips the penny in the air and gets 7 heads in a row. Which penny do you have? Why?
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Equity Derivatives Trader Trainee Co-op/Internship

Interviewed at Group One Trading

4.4
Jun 30, 2010

100 pennies in a jar. 1 penny has 'heads' on both sides. You pick a penny out of the jar and give it to your friend (without looking at the penny). Your friend flips the penny in the air and gets 7 heads in a row. Which penny do you have? Why?

You're a casino introducing a new game. The games rules: Playing cards numbered 1 through 10 lay face down on a table, the customer picks a card and whatever number it is he/she wins that dollar value. Ex. I flip a 2 over, I win 2 dollars. Question: How much do we charge for the game? Why?
avatar

Equity Derivatives Trader Trainee Co-op/Internship

Interviewed at Group One Trading

4.4
Jun 30, 2010

You're a casino introducing a new game. The games rules: Playing cards numbered 1 through 10 lay face down on a table, the customer picks a card and whatever number it is he/she wins that dollar value. Ex. I flip a 2 over, I win 2 dollars. Question: How much do we charge for the game? Why?

You have 25 horses and a race track with 5 lanes. You wish to determine the 1st, 2nd, and 3rd place horses overall. Using only the comparative finishes in any given race, what is the least number of races you can have the horses run to make this determination.
avatar

Institutional Equity Derivative Intern

Interviewed at Morgan Stanley

3.9
Apr 14, 2017

You have 25 horses and a race track with 5 lanes. You wish to determine the 1st, 2nd, and 3rd place horses overall. Using only the comparative finishes in any given race, what is the least number of races you can have the horses run to make this determination.

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