Trainee Trader Interview Questions

11,667 trainee trader interview questions shared by candidates

There are 4 balls, two red and the two blue. You choose a color each time and a random ball is picked from the sample (w/o replacement). If your choice and the random pick matches, you gain one dollar. Repeat this four times. How much would you pay to play this game
avatar

Trader

Interviewed at Five Rings

3.8
May 7, 2012

There are 4 balls, two red and the two blue. You choose a color each time and a random ball is picked from the sample (w/o replacement). If your choice and the random pick matches, you gain one dollar. Repeat this four times. How much would you pay to play this game

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?
avatar

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?

I have 100 coins, 99 that are heads/tails and one that is double sided heads. If I pick one of the coins at random, flip it seven times, and get 7 heads in a row, is the coin more likely to be double sided heads or a regular heads/tails coin.
avatar

Assistant Trader

Interviewed at Belvedere Trading

4.2
Apr 21, 2010

I have 100 coins, 99 that are heads/tails and one that is double sided heads. If I pick one of the coins at random, flip it seven times, and get 7 heads in a row, is the coin more likely to be double sided heads or a regular heads/tails coin.

We are playing a game where the first person to say "40" wins, and each player must add 1-10 to the previous number. For example, I say 5; you can say any number 6-15 to which I have to react. For you to say "40" first, what is your strategy? Hint: You need to choose whether or not to go first, then your strategy going forward.
avatar

Assistant Trader

Interviewed at Susquehanna International Group

3.8
Oct 12, 2011

We are playing a game where the first person to say "40" wins, and each player must add 1-10 to the previous number. For example, I say 5; you can say any number 6-15 to which I have to react. For you to say "40" first, what is your strategy? Hint: You need to choose whether or not to go first, then your strategy going forward.

Viewing 281 - 290 interview questions

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