Trading Associate Interview Questions

8,671 trading associate interview questions shared by candidates

Probability of the product of two die is a square number. Probability of x number of coins tossed, even number of heads. Probability of 99 coins with no information, last coin is a fair coin and the same question as above.
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Summer Trading

Interviewed at Jane Street

4.4
Jan 7, 2020

Probability of the product of two die is a square number. Probability of x number of coins tossed, even number of heads. Probability of 99 coins with no information, last coin is a fair coin and the same question as above.

With one die, suppose in a round, you earn the amount of dollars equal to the value of the upwards face of the die. Now also suppose after your first roll, you are given the opportunity to cancel your first and roll again, taking that value as the final value. What should your strategy be?
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Trading Intern

Interviewed at Jane Street

4.4
Aug 31, 2015

With one die, suppose in a round, you earn the amount of dollars equal to the value of the upwards face of the die. Now also suppose after your first roll, you are given the opportunity to cancel your first and roll again, taking that value as the final value. What should your strategy be?

This wasn't difficult, but it's the only specific question I can remember. You're playing basketball and you're down by 2. You know you can hit a 2-pointer to tie the game with 28% probability, and then go on to win the game in overtime with 50% probability. Alternatively, you know you can hit a 3-pointer and win with 15% probability. Which do you take?
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Sales and Trading Summer Analyst

Interviewed at UBS

3.7
Nov 8, 2012

This wasn't difficult, but it's the only specific question I can remember. You're playing basketball and you're down by 2. You know you can hit a 2-pointer to tie the game with 28% probability, and then go on to win the game in overtime with 50% probability. Alternatively, you know you can hit a 3-pointer and win with 15% probability. Which do you take?

one bulb in a sealed room, three switches, a,b,c, outside of the room, the room is totally sealed, nothing can be seen even the bulb is on, you can enter the room only once, how to confirm which switch is for that bulb
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Trading Operations Analyst

Interviewed at Virtu Financial

4
May 27, 2015

one bulb in a sealed room, three switches, a,b,c, outside of the room, the room is totally sealed, nothing can be seen even the bulb is on, you can enter the room only once, how to confirm which switch is for that bulb

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