Junior Trader Analyst Interview Questions

9,706 junior trader analyst interview questions shared by candidates

Find the largest 5-digit number such that the pairwise digit sums of the numbers are unique. Find the smallest 5-digit number with the same property. Explain why it doesn't work for 7-digit numbers. Does it work for 6-digit numbers?
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Trader

Interviewed at Optiver

3.8
Oct 4, 2016

Find the largest 5-digit number such that the pairwise digit sums of the numbers are unique. Find the smallest 5-digit number with the same property. Explain why it doesn't work for 7-digit numbers. Does it work for 6-digit numbers?

You have 3 cards, each labeled n, n+1, n+2 and you don't know n. The rules of the game: All cards start face down. You flip one card. If you "stay", you get that card's value. If you don't "stay", then you flip another card. Again, choose to "stay" (and keep the 2nd card's value) or flip the final card and keep the final card's value. Design the optimal strategy.
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Trader Internship

Interviewed at Optiver

3.8
Jan 4, 2017

You have 3 cards, each labeled n, n+1, n+2 and you don't know n. The rules of the game: All cards start face down. You flip one card. If you "stay", you get that card's value. If you don't "stay", then you flip another card. Again, choose to "stay" (and keep the 2nd card's value) or flip the final card and keep the final card's value. Design the optimal strategy.

There are 4 balls, two red and the two blue. You choose a color each time and a random ball is picked from the sample (w/o replacement). If your choice and the random pick matches, you gain one dollar. Repeat this four times. How much would you pay to play this game
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Trader

Interviewed at Five Rings

3.7
May 7, 2012

There are 4 balls, two red and the two blue. You choose a color each time and a random ball is picked from the sample (w/o replacement). If your choice and the random pick matches, you gain one dollar. Repeat this four times. How much would you pay to play this game

100 pennies in a jar. 1 penny has 'heads' on both sides. You pick a penny out of the jar and give it to your friend (without looking at the penny). Your friend flips the penny in the air and gets 7 heads in a row. Which penny do you have? Why?
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Equity Derivatives Trader Trainee Co-op/Internship

Interviewed at Group One Trading

4.4
Jun 30, 2010

100 pennies in a jar. 1 penny has 'heads' on both sides. You pick a penny out of the jar and give it to your friend (without looking at the penny). Your friend flips the penny in the air and gets 7 heads in a row. Which penny do you have? Why?

I have 100 coins, 99 that are heads/tails and one that is double sided heads. If I pick one of the coins at random, flip it seven times, and get 7 heads in a row, is the coin more likely to be double sided heads or a regular heads/tails coin.
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Assistant Trader

Interviewed at Belvedere Trading

4.2
Apr 21, 2010

I have 100 coins, 99 that are heads/tails and one that is double sided heads. If I pick one of the coins at random, flip it seven times, and get 7 heads in a row, is the coin more likely to be double sided heads or a regular heads/tails coin.

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