trader interview questions shared by candidates
A seller is selling you a car whose value is uniformly distributed between 0 and 1000 but you don’t know the real value and you need to bid for the car. If your bid price is higher than the its real value, the deal will be done at your bid price and you can afterwards resell the car elsewhere for 1.5 times its real value. Otherwise, the deal will not be done. You can only bid once. What will be your optimal bid price?
Sum the odd integers between 1 and 100. Roll two die, what is the probability that the sum of the pips on the die are at least 9. There is a car auction. The price of the car is uniform [0,1000], you do not know the actual value of the car. If you bid higher than the value of the car you get it, if you bid lower than the value of the car you don't. If you know you can sell it on afterwards for x times its worth, what should you should you bid when: x=1.5 x=2.5 e.g. for x=1.5, you bid 100, the car is worth 80, you get it and sell it on for 120, which is a 20 profit. What is the next date that the day month and year share no common values. e.g. 13/11/2014 has four '1's so doesn't count.
Have a tricycle. Will travel on it for 1000 miles. Have two spare tyres with you (hence 5 in total). a) If you want each of them to be worn the same by the end of the journey, how much will each of the tyres travel on the ground. b) What is the minimum number of stops you have to make in order to achieve this.
See Interview Questions for Similar Jobs
- Quantitative Analyst
- Junior Trader
- Software Engineer
- Software Developer
- Summer Analyst
- Business Analyst
- Trading Analyst