Assistant Trader Interview Questions

578 assistant trader interview questions shared by candidates

A company has a value V which is uniformly distributed between 0 and 1. you are planning to place a bid B for the company. If B is smaller than V, then your bid loses and you get nothing; if B is larger than V, you get to purchase the company at price B, and the company will end up being worth 1.5 * V. What price B should you bid to maximize your profit?
avatar

Assistant Trader

Interviewed at Jane Street

4.4
Oct 29, 2014

A company has a value V which is uniformly distributed between 0 and 1. you are planning to place a bid B for the company. If B is smaller than V, then your bid loses and you get nothing; if B is larger than V, you get to purchase the company at price B, and the company will end up being worth 1.5 * V. What price B should you bid to maximize your profit?

Viewing 311 - 320 interview questions

Glassdoor has 578 interview questions and reports from Assistant trader interviews. Prepare for your interview. Get hired. Love your job.