Trainee Trader Interview Questions

11,667 trainee trader interview questions shared by candidates

You own land that may or may not have oil underneath. If it does have oil it is worth 100k (20% prob), if it doesn't it is worth 30k. What is the expected value of the land? How much would you sell a contract for this land with a strike of 40k?
avatar

Assistant Trader

Interviewed at Susquehanna International Group

3.8
Mar 29, 2011

You own land that may or may not have oil underneath. If it does have oil it is worth 100k (20% prob), if it doesn't it is worth 30k. What is the expected value of the land? How much would you sell a contract for this land with a strike of 40k?

brainteaser: 30 people are 15 couples. they shake hands, but two people of the same couple don't shake hands with each other. now you know 29 people shake hands with different numbers of people (e.g. one person shakes hands with 4 others, another person shakes hands with 5 people, etc). question: how many people did the 30th person shake hands with?
avatar

Quant Trader

Interviewed at Jane Street

4.4
Oct 6, 2011

brainteaser: 30 people are 15 couples. they shake hands, but two people of the same couple don't shake hands with each other. now you know 29 people shake hands with different numbers of people (e.g. one person shakes hands with 4 others, another person shakes hands with 5 people, etc). question: how many people did the 30th person shake hands with?

Suppose n people on the bus. At the first stop, 2/3 people get off and 7 get on At the second stop, 2/3 people get off and 7 get on Similarly, at the third stop, the same..Ignore the rest of bus stop find minimum people on the bus before first stop/initially?
avatar

Trader

Interviewed at Jane Street

4.4
Feb 12, 2012

Suppose n people on the bus. At the first stop, 2/3 people get off and 7 get on At the second stop, 2/3 people get off and 7 get on Similarly, at the third stop, the same..Ignore the rest of bus stop find minimum people on the bus before first stop/initially?

You dip a cube into paint and pull it out. Then you cut it into a 27 sub-cubes and put them in a bag. If you randomly pick a sub-cube out the bag and roll it on the table, what is the probability that no paint is visible?
avatar

Assistant Trader

Interviewed at Jane Street

4.4
Jan 27, 2012

You dip a cube into paint and pull it out. Then you cut it into a 27 sub-cubes and put them in a bag. If you randomly pick a sub-cube out the bag and roll it on the table, what is the probability that no paint is visible?

Viewing 181 - 190 interview questions

Glassdoor has 11,667 interview questions and reports from Trainee trader interviews. Prepare for your interview. Get hired. Love your job.