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      AKUNA CAPITAL

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      Options Trading Interview

      Oct 2, 2019
      Anonymous Interview Candidate
      No offer
      Positive experience
      Average interview

      Application

      I interviewed at AKUNA CAPITAL

      Interview

      1. Complete the online form on website 2. Received and completed a mental math quiz along with a personality test 3. Phone interview with trader 4. Web (Skype-like) interview with two traders Still waiting for results. Questions were very math/probability based, not many behavioural questions (only one/two at the start of each interview: "Why trading"/"Tell me a bit about yourself") Definitely practice probability brainteasers and mental math (although they only asked me two multiplication problems each interview). Be prepared for very outlandish questions such as the guessing/making bets on the population of a city and then changing your bet given something. Be ready to justify your answers - if you're stuck on something they will help you along. They never said I wasn't allowed to write anything down (besides the mental math), so make sure you do, as for the market making questions they will ask your PnL at the end of all of trades.

      Interview questions [2]

      Question 1

      You have $1000 invested in a betting website that matches you with $1000 in bonus bet. You need to turnover $10000 before you can withdraw anything. The only game on the site has probability of you doubling your bet 0.45, and 0.55 probability of losing what you bet. What is your strategy? What if you wanted to deviate from the expected return?
      Answer question

      Question 2

      Make a market and provide a spread. Given bid-ask quotes of two underlying and their difference, you can conduct 10 trades, what would you do? Find mispriced underlying - sell high, buy low
      Answer question