Quant interview questions
1,322 questions in the style trading and research firms ask, from probability and brainteasers to options, statistics and coding. Every question is open to read; the 50 in the free sample show their worked solutions here.
207 questions · page 2 of 6 · Clear filters
- You roll a fair die and then flip that many fair coins.Probability · Applied
- Ten orders are sent at random to ten venues, each venue equally likely for every order.Probability · Applied
- A stock at $100 follows a lognormal with zero expected return and 20% annual volatility.Probability · Advanced
- Twenty-one matches, players alternate taking one, two or three, and whoever…Games, decision theory and puzzles · Foundation
- Two players take turns flipping a fair coin, and the first to flip heads wins.Games, decision theory and puzzles · Foundation
- Two players take turns adding a whole number from 1 to 10 to a running total…Games, decision theory and puzzles · Foundation
- In Texas Hold'em, you are dealt pocket aces once in how many hands, on average?Games, decision theory and puzzles · Foundation
- Twelve coins, one counterfeit and either heavier or lighter.Games, decision theory and puzzles · Applied
- A hundred closed doors.Games, decision theory and puzzles · Applied
- Twenty-five horses, a track that races five at a time, and no timing device.Games, decision theory and puzzles · Applied
- Two ropes each burn for exactly sixty minutes, but not at a uniform rate.Games, decision theory and puzzles · Applied
- Four people must cross a bridge at night with one torch.Games, decision theory and puzzles · Applied
- You are asked to make a market on the sum of two fair six-sided dice.Market making · Foundation · Free solution
- Two limit orders rest on the bid at the same price.Market making · Foundation
- Which order type executes whatever quantity is available immediately at your…Market making · Foundation
- Your base market is 49.98 bid, 50.02 offered.Market making · Foundation
- You are flat and showing 99 at 101.Market making · Applied · Free solution
- Your commute has a mean of 27 minutes and a standard deviation of 9.Market making · Applied
- You post on both sides of a $99.98 at $100.02 market on a venue paying a $0.002…Market making · Applied
- The market is $99.98 at $100.02 and you lift the offer.Market making · Applied
- Make a ninety per cent market on the sum of ten fair dice.Market making · Applied
- What is your theoretical value for the maximum of three fair six-sided dice, to…Market making · Applied
- You are long a large position and want to shed it. What is the right quote adjustment?Market making · Applied
- Over a quoting round you buy 10 lots at 99 and sell 5 at 103.Market making · Applied
- You are short $475 of cash and long 5 lots after a round of quoting.Market making · Applied
- You buy 1,000 shares passively at a bid of $50.00, earning a maker rebate of…Market making · Applied
- You make a 95% market on the number of heads in 100 fair coin flips.Market making · Applied
- Your offer is lifted for large size a fraction of a second after a headline you…Market making · Applied
- You are long 500 shares of a stock whose daily price changes have a standard…Market making · Applied
- In a trading game you sell 3 at 12, buy 2 at 10 and sell 4 at 13.Market making · Applied
- An interviewer asks for a market on the number of hotel rooms in a city you…Market making · Applied
- Twenty per cent of your counterparties are informed and cost you 5 cents a…Market making · Advanced
- What is a market maker fundamentally selling?Markets and products · Foundation
- The E-mini S&P 500 future has a multiplier of $50 per index point.Markets and products · Foundation
- A stock closes at $80 the day before it goes ex-dividend on a $2 cash dividend.Markets and products · Foundation
- An index rises 10% then falls 10%.Markets and products · Applied · Free solution
- A stock is announced for inclusion in a major index, effective in two weeks.Markets and products · Applied
- An index fund charges 0.09% a year and earns 0.03% from securities lending.Markets and products · Applied
- Why would a fund express a broad equity view with an index future rather than…Markets and products · Applied
- How are listed equity options typically adjusted for dividends?Markets and products · Applied