For the phone interview, most of the questions are technical. I was asked to calculate probabilities, estimate volatility and pricing an option according to my intuition. Also, several brainteasers were asked.
Junior Trader Interview Questions
1,527 junior trader interview questions shared by candidates
Q: Some market-making questions related to the populations of some countries. Buy/Sell and estimated profit at the end.
mental math and patter recognition
5 steps. Mental math, personality, video interview, phone interview, final round
Some speed math and expectation question.
You roll a 100 sided dice where you get paid the number showing on the top face. How much money would someone pay to play this game? You are offered the opportunity to re-roll the dice any number of times for $1 each re-roll. How much money would someone pay to play this game now?
Why do you want to work at Akuna? Why do you want to be a trader?
In total there are 4 questions, 3 are behavioral like why do you want to be a trader. 1 is a simple probability question.
what do they do as option market maker
Final interview ( 2 traders, three parts): Part 1 - Rapid fire multiplication and division eg 49*56.5, had to answer around 10 of these, be prepared to answer quickly and precisely, I was too slow - also remember the questions, I was asked multiple times if I could remember the previous questions Part 2 - Lots of Bayes questions, be prepared to manipulate Bayes rule, decks of cards, rolling dice etc. Part 3 - Final question was important he spent a lot of time of it and drilled me on logic behind each step, didn't answer very well but not too hard on reflection, understand this question and be able to walk through the steps: You have a chess board that is infinitely large, a horse can move 2 square either up, down, left or right and then another square perpendicular to the original direction - then they ask how many of the cases exist where the horse lands on a new square after 10 moves. They ask for a confidence interval and an actual number - I need a little more time on this one and it was difficult for me, he did say many people find this one tough.
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