Trader Trainee Interview Questions

8,651 trader trainee interview questions shared by candidates

If we play a game where I start with 2 dollars and you start with one dollar, and I have a probability of 1/3 of winning a dollar from you and you have a 1/3 probability of winning a dollar from me, what is the probability that I win all of your money?
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Trader Intern

Interviewed at Susquehanna International Group

3.8
Feb 5, 2016

If we play a game where I start with 2 dollars and you start with one dollar, and I have a probability of 1/3 of winning a dollar from you and you have a 1/3 probability of winning a dollar from me, what is the probability that I win all of your money?

You have a standard deck of 52 cards. I draw a card and tell you I drew hearts. Now you draw a card from the cards that are remaining. What is the probability that you will also draw a heart? Again, you have a standard deck of 52 cards. I draw 13 cards and tell you I drew exactly 5 hearts. Now you draw 13 cards from the cards that are remaining. What is the expected number of hearts you will draw?
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Quantitative Trader

Interviewed at Jane Street

4.4
Oct 12, 2016

You have a standard deck of 52 cards. I draw a card and tell you I drew hearts. Now you draw a card from the cards that are remaining. What is the probability that you will also draw a heart? Again, you have a standard deck of 52 cards. I draw 13 cards and tell you I drew exactly 5 hearts. Now you draw 13 cards from the cards that are remaining. What is the expected number of hearts you will draw?

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