Trainee Trader Interview Questions

11,668 trainee trader interview questions shared by candidates

A survey is given to all passengers on a number of different planes. The survey asks each person how full their plane was. The people answer honestly. If 50% of people claim that their plane was 80% full, while the other 50% claim that their plane was 20% full, how full was the average plane?
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Assistant Trader Summer Internship

Interviewed at Jane Street

4.4
Feb 17, 2014

A survey is given to all passengers on a number of different planes. The survey asks each person how full their plane was. The people answer honestly. If 50% of people claim that their plane was 80% full, while the other 50% claim that their plane was 20% full, how full was the average plane?

The first three questions are mental math. I still remember the hardest one is calculating the 39% of 569 without any pen or paper. The next question is a simple probability: pick 2 cards from a set of poker without 2 Jokers, what is the probability that both cards are Ks. The last one is brain teaser: what is the angle between the minute hand and hour hand on a clock when 9:30.
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Trader Intern

Interviewed at Jane Street

4.4
Apr 12, 2014

The first three questions are mental math. I still remember the hardest one is calculating the 39% of 569 without any pen or paper. The next question is a simple probability: pick 2 cards from a set of poker without 2 Jokers, what is the probability that both cards are Ks. The last one is brain teaser: what is the angle between the minute hand and hour hand on a clock when 9:30.

1. Quick math, answering as much as you can within time limit like 37-65.2 2. Personality check, 185 questions in all 3. Behavioral questions, quick math again, and simple probability calculation (expected value of a game)
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Junior Trader

Interviewed at AKUNA CAPITAL

4
Oct 1, 2015

1. Quick math, answering as much as you can within time limit like 37-65.2 2. Personality check, 185 questions in all 3. Behavioral questions, quick math again, and simple probability calculation (expected value of a game)

Given a revolver with 2 bullets in it and 6 cartridges, you spin it once and pull the trigger and nothing comes out. Would you rather pull the trigger again or respin? What if the bullets are next to each other? Make me a market on ____ (With rapid fire buy/sell).
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Junior Trader

Interviewed at AKUNA CAPITAL

4
Mar 16, 2017

Given a revolver with 2 bullets in it and 6 cartridges, you spin it once and pull the trigger and nothing comes out. Would you rather pull the trigger again or respin? What if the bullets are next to each other? Make me a market on ____ (With rapid fire buy/sell).

1. Mental Math test - I practiced on https://rankyourbrain.com and zetamac 2. Personality Test 3. Webcam Interview - 4 questions. 2 were behavioral (why trading, why you, or something along these lines). 1 probability question involving Bayes theorem. Some people already posted the question on glassdoor. 1. list of mental math questions with things like: two thousand one hundred two plus twenty two times five. DO NOT FREAK OUT. I only responded to a few and went to the next round. BE CONFIDENT. 4. Phone conversation. Mostly consist of Brainteasers that are common in textbooks, and maybe 1 mental math questions. You can find some of the questions on glassdoor too. 5. Superday is hectic. 4 market making games (dice games, etc.) You just need to be quick and make sense. Even if you have no experience with these games don't be shy and try your best. The other interviews are a mix of behavioral, mental math, and brainteasers. Nothing too bad if you prepare.
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Junior Trader

Interviewed at AKUNA CAPITAL

4
Oct 20, 2018

1. Mental Math test - I practiced on https://rankyourbrain.com and zetamac 2. Personality Test 3. Webcam Interview - 4 questions. 2 were behavioral (why trading, why you, or something along these lines). 1 probability question involving Bayes theorem. Some people already posted the question on glassdoor. 1. list of mental math questions with things like: two thousand one hundred two plus twenty two times five. DO NOT FREAK OUT. I only responded to a few and went to the next round. BE CONFIDENT. 4. Phone conversation. Mostly consist of Brainteasers that are common in textbooks, and maybe 1 mental math questions. You can find some of the questions on glassdoor too. 5. Superday is hectic. 4 market making games (dice games, etc.) You just need to be quick and make sense. Even if you have no experience with these games don't be shy and try your best. The other interviews are a mix of behavioral, mental math, and brainteasers. Nothing too bad if you prepare.

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