$10 bet between you and me. At any time during the game, I can ask to double it. If you accept we both put in another $10 and if you win, you win the $20 and if you lose, you lose it all. If you reject, you lose the initial $10. What is the minimum probability you would take to accept the double?
Junior Trader Interview Questions
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About my background, why I was considering their company, etc. There are 20 red balls, 30 green balls, 10% of the red balls have candies inside, 20% of the green ones have candies inside. Given that you picked a ball and it has candy, what is the probability that its green? How does the duration of a bond change with changes in the interest rate? How does volatility affect the delta of an option?
100^2-99^2+98^2-97^2+96^2-..+2^2-1^2
Competencies that Yiu have. Logical puzzles.
Liability changes based on odds of competitors
prepare for the first round by using tradertest.org, which is very helpful.
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M J J A S O
They asked about the probability of events happening giving certain conditions.
Mental math + sequence problems including letters
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