Trade Support Associate Interview Questions

11,667 trade support associate interview questions shared by candidates

Flipping of a coin. Heads $20, tails -$5. Do you like this game. Second game, $20million heads, tails -$5. Do you prefer the second game? Last game is the same values as the first game, we can play it once or 100 times which would you prefer and why?
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Graduate Trader

Interviewed at IMC Trading

4.1
May 30, 2012

Flipping of a coin. Heads $20, tails -$5. Do you like this game. Second game, $20million heads, tails -$5. Do you prefer the second game? Last game is the same values as the first game, we can play it once or 100 times which would you prefer and why?

You have a deck of 3 black cards and 3 red cards in random order. There is a game where you turn over one card at a time; if it is red you win a dollar, if it is black you lose a dollar. How much would you pay to play this game?
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Trader Intern

Interviewed at IMC Trading

4.1
Oct 14, 2015

You have a deck of 3 black cards and 3 red cards in random order. There is a game where you turn over one card at a time; if it is red you win a dollar, if it is black you lose a dollar. How much would you pay to play this game?

There are 2 boys and unknown number of girls in a nursery. A new baby is just born inside the room. We pick randomly a baby from the room, it turns out that the baby is a boy. What is the probability that the new baby just born is a boy?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Oct 12, 2014

There are 2 boys and unknown number of girls in a nursery. A new baby is just born inside the room. We pick randomly a baby from the room, it turns out that the baby is a boy. What is the probability that the new baby just born is a boy?

If you have two torpedoes, each with a 2/3 probability of sinking a ship, what is the probability that a ship is sunk after firing both? Follow up - If you know that the ship has been sunk, what is the probability that one or both hit the ship?
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Trader Intern

Interviewed at Susquehanna International Group

3.8
Feb 5, 2016

If you have two torpedoes, each with a 2/3 probability of sinking a ship, what is the probability that a ship is sunk after firing both? Follow up - If you know that the ship has been sunk, what is the probability that one or both hit the ship?

Given a black box that spits out random numbers from 0 through 1 (probability distribution can be random) such that events are independent and the probability of drawing any one number is 0, simulate a coin flip (with EXACTLY 50% heads, 50% tails).
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Assistant Trader

Interviewed at Jane Street

4.4
Feb 4, 2014

Given a black box that spits out random numbers from 0 through 1 (probability distribution can be random) such that events are independent and the probability of drawing any one number is 0, simulate a coin flip (with EXACTLY 50% heads, 50% tails).

You and I play a game, we roll two dice and both pick a number before rolling them. The one closer to the sum wins. The distribution is non-uniform, with 40 % chance of getting a sum of 12 and a uniform distribution for all the other numbers. What is your strategy? Go first or second?
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Trader

Interviewed at Jane Street

4.4
Oct 22, 2014

You and I play a game, we roll two dice and both pick a number before rolling them. The one closer to the sum wins. The distribution is non-uniform, with 40 % chance of getting a sum of 12 and a uniform distribution for all the other numbers. What is your strategy? Go first or second?

Suppose I have two pancakes, one with two burnt sides, one with one burnt and one unburnt side. I choose one of these pancakes randomly, and then look at one of its sides, chosen at random. It is burnt. What is the probability that I chose the pancake with two burnt sides?
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Trader Intern

Interviewed at Citadel

4
Oct 25, 2019

Suppose I have two pancakes, one with two burnt sides, one with one burnt and one unburnt side. I choose one of these pancakes randomly, and then look at one of its sides, chosen at random. It is burnt. What is the probability that I chose the pancake with two burnt sides?

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