Trainee Trader Interview Questions

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A can finish a job in 100 min, B can finish the same job in 120 min. A and B work together on this job, but after 40 min C comes to help them and they finish the job in additional 10 min. How long would it take to C to finish the job by himself?
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Quantitative Trader

Interviewed at Susquehanna International Group

3.8
Nov 2, 2020

A can finish a job in 100 min, B can finish the same job in 120 min. A and B work together on this job, but after 40 min C comes to help them and they finish the job in additional 10 min. How long would it take to C to finish the job by himself?

Sum the odd integers between 1 and 100. Roll two die, what is the probability that the sum of the pips on the die are at least 9. There is a car auction. The price of the car is uniform [0,1000], you do not know the actual value of the car. If you bid higher than the value of the car you get it, if you bid lower than the value of the car you don't. If you know you can sell it on afterwards for x times its worth, what should you should you bid when: x=1.5 x=2.5 e.g. for x=1.5, you bid 100, the car is worth 80, you get it and sell it on for 120, which is a 20 profit. What is the next date that the day month and year share no common values. e.g. 13/11/2014 has four '1's so doesn't count.
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Trader Internship

Interviewed at Jane Street

4.4
Nov 13, 2014

Sum the odd integers between 1 and 100. Roll two die, what is the probability that the sum of the pips on the die are at least 9. There is a car auction. The price of the car is uniform [0,1000], you do not know the actual value of the car. If you bid higher than the value of the car you get it, if you bid lower than the value of the car you don't. If you know you can sell it on afterwards for x times its worth, what should you should you bid when: x=1.5 x=2.5 e.g. for x=1.5, you bid 100, the car is worth 80, you get it and sell it on for 120, which is a 20 profit. What is the next date that the day month and year share no common values. e.g. 13/11/2014 has four '1's so doesn't count.

The probability of raining on Saturday is 30%, probability of raining on Sunday is 40% (a) What is the probability of raining on weekend? (b) What is the assumption made? (c) If not independent, what is the maximum and minimum probability of rain? (Ans: 40%,70%)
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Quantitative Trader

Interviewed at Jane Street

4.4
Mar 25, 2022

The probability of raining on Saturday is 30%, probability of raining on Sunday is 40% (a) What is the probability of raining on weekend? (b) What is the assumption made? (c) If not independent, what is the maximum and minimum probability of rain? (Ans: 40%,70%)

Play a game with an urn. 75 blue balls. 25 red balls. 1 yellow ball. you get a dollar for every red and if you select the yellow you lose everything. what should be your strategy in the game. you can choose to stop or re-draw after every ball.
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Assistant Trader

Interviewed at Jane Street

4.4
Feb 27, 2013

Play a game with an urn. 75 blue balls. 25 red balls. 1 yellow ball. you get a dollar for every red and if you select the yellow you lose everything. what should be your strategy in the game. you can choose to stop or re-draw after every ball.

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