Trading Associate Interview Questions

5,701 trading associate interview questions shared by candidates

You are going camping over the weekend, and there is 50% chance of rain on Saturday and 60% on Sunday. What is the probability that you will not experience rain? (You are not told whether they are independent, so that is something to consider). Then, after giving your answer, assume they are not independent, and are positively correlated. Will the chance of having a 'dry' weekend increase or decrease?
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Trading Internship

Interviewed at Jane Street

4.4
Nov 2, 2015

You are going camping over the weekend, and there is 50% chance of rain on Saturday and 60% on Sunday. What is the probability that you will not experience rain? (You are not told whether they are independent, so that is something to consider). Then, after giving your answer, assume they are not independent, and are positively correlated. Will the chance of having a 'dry' weekend increase or decrease?

Assume x dollar(uniformly from(0,1000)) is put into a blackbox. Then you bid on the amount. If x>bid, you get return 1.5x-bid; otherwies you get nothing. The question is what is the optimal bid. Several other different circumstances are also been asked.
avatar

Trading Summer Intern

Interviewed at Jane Street

4.4
Nov 7, 2016

Assume x dollar(uniformly from(0,1000)) is put into a blackbox. Then you bid on the amount. If x>bid, you get return 1.5x-bid; otherwies you get nothing. The question is what is the optimal bid. Several other different circumstances are also been asked.

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