Why Trading? If not trading, where else would you rather be at?
Trader Quant Interview Questions
740 trader quant interview questions shared by candidates
Lots of culture questions such as: Why IMC, Why trading, tell me about a time you did blah blah blah. As for the technicals, I can't give them away but they were comparatively not very hard for these types of internships.
A few different algorithms for running an elevator were described. I was asked to optimize them for both fairness and efficiency
A series of questions asking to optimize a particular algorithm,
I was asked to answer to an HR question in 5 min ( why you want to be a trader). Then they asked me some basic probability question.
They asked me to solve different games
A lot of probability, betting, strategy, options related questions.
Find the stable distribution of a Markov Chain.
Asked me about some expected value, using the knowledge of Confidence Interval and the variance formula.
So, let's start with a game where you pick a number between 0 and 100, can be any real number, and your opponent also picks a number between 0 and 100. Whoever picks the lowest number wins, and the winning amount is the amount of the lower number in dollars. So, let's say, if you pick 10, I pick 20, you win, and you win 10 dollars. If you pick 10 and I pick 5, then I win, and I win 5 dollars. If your opponent wins, then you don't win almost anything, and your KNO is 0. So, now imagine yourself, a human person, you're playing against a robot. That robot picks a number between 0 and 100 uniformly at random. And my question is, what is the strategy here?
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