Trader Trainee Interview Questions

8,651 trader trainee interview questions shared by candidates

1. Why trader and Maven? 2. An incomplete deck of cards: if you divide it by 3 you have 2 as remainder; if you divide it by 5 you have 2 as remainder; if you divide it by 4 you have 3 as remainder. How many cards are there in the deck?
avatar

Graduate Trader

Interviewed at Maven Securities

4.3
Nov 25, 2018

1. Why trader and Maven? 2. An incomplete deck of cards: if you divide it by 3 you have 2 as remainder; if you divide it by 5 you have 2 as remainder; if you divide it by 4 you have 3 as remainder. How many cards are there in the deck?

Asked three arithmetic and probability questions. Honor code of not using a calculator or paper and pen/pencil. Arithmetic: 1. 18/5 2. 76+57 3. 99*99 Probability: 1. A fair coin is flipped three times, what is the probability that it will land on heads at least once.

Intern Assistant Trader

Interviewed at Gray Whale

4.6
Oct 23, 2012

Asked three arithmetic and probability questions. Honor code of not using a calculator or paper and pen/pencil. Arithmetic: 1. 18/5 2. 76+57 3. 99*99 Probability: 1. A fair coin is flipped three times, what is the probability that it will land on heads at least once.

1) How many times do you have to flip a coin such that the probability of getting 2 heads in a row is at least 1/2? answer: 4 2) You have 1 fair coin and 1 coin with 2 heads. Given that the first flip was a heads what is the probability of getting another heads? Answer: 5/6 3) We are sending 1s and 0s. And there is a 10% chance that the wrong number is sent so we send the number 3 times and the opposing party takes the majority of the 3 tries to be the correct message. What is the probability that we send the wrong message? Answer: 0.028 4) How many sets of A,B,C are there such that they are all non-negative integers and A+B+C<10. Answer: 13C3 = 286. Basically you have 3 dividers and 10 balls at first, but if you add a fourth divider such that A+B+C+D=10, then you've basically got a standard balls and bins problem with 10 balls and 4 bins.
avatar

Trader

Interviewed at Five Rings

3.8
Oct 7, 2015

1) How many times do you have to flip a coin such that the probability of getting 2 heads in a row is at least 1/2? answer: 4 2) You have 1 fair coin and 1 coin with 2 heads. Given that the first flip was a heads what is the probability of getting another heads? Answer: 5/6 3) We are sending 1s and 0s. And there is a 10% chance that the wrong number is sent so we send the number 3 times and the opposing party takes the majority of the 3 tries to be the correct message. What is the probability that we send the wrong message? Answer: 0.028 4) How many sets of A,B,C are there such that they are all non-negative integers and A+B+C<10. Answer: 13C3 = 286. Basically you have 3 dividers and 10 balls at first, but if you add a fourth divider such that A+B+C+D=10, then you've basically got a standard balls and bins problem with 10 balls and 4 bins.

Viewing 451 - 460 interview questions

Glassdoor has 8,651 interview questions and reports from Trader trainee interviews. Prepare for your interview. Get hired. Love your job.