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.
1,322 questions · page 17 of 34
- A client buys a call on the worst performer of three stocks.Exotics and structured products · Applied
- A desk sells a digital call struck at K and hedges it with a call spread.Exotics and structured products · Applied
- Averages and extremes on a tree, part 2 of 3Exotics and structured products · Applied
- In, out and the vanilla, part 2 of 3Exotics and structured products · Applied
- Pricing and hedging a digital, part 2 of 3Exotics and structured products · Applied
- Two stocks and a worst-of, part 2 of 3Exotics and structured products · Applied
- Why will no desk hold a naked short digital into expiry with the spot sitting…Exotics and structured products · Advanced · Free solution
- A knock-out is monitored on daily closes rather than continuously.Exotics and structured products · Advanced
- You are long a call on a basket of two stocks. What is your correlation exposure?Exotics and structured products · Advanced
- A desk sells autocallable notes to retail investors. What risk does it end up carrying?Exotics and structured products · Advanced
- A power contract pays S_T² at maturity.Exotics and structured products · Advanced
- Two assets each have 30% volatility and correlate at 0.5.Exotics and structured products · Advanced
- Why is the volatility of a geometric average of a lognormal path lower than…Exotics and structured products · Advanced
- A chooser lets you decide at time t whether you hold a call or a put, both…Exotics and structured products · Advanced
- A desk has sold many autocallables with barriers clustered at the same index level.Exotics and structured products · Advanced
- A gap call pays S_T−90 whenever S_T > 100, and nothing otherwise.Exotics and structured products · Advanced
- A one-year one-touch pays $1 at expiry if the stock ever trades at $120…Exotics and structured products · Advanced
- An up-and-out barrier at $120 is monitored only on daily closes.Exotics and structured products · Advanced
- Model a price as an arithmetic Brownian motion with no drift and a normal…Exotics and structured products · Advanced
- What is the vega of an up-and-out call with the stock well above the strike and…Exotics and structured products · Advanced
- An option to exchange asset 2 for asset 1 pays max(S₁−S₂,0) in one year.Exotics and structured products · Advanced
- EUR/USD has 8% volatility and USD/JPY 10%, and the log returns of the two rates…Exotics and structured products · Advanced
- You are short a digital paying $1,000,000 if a $100 stock finishes above $100 in one week.Exotics and structured products · Advanced
- A desk is short a knock-out option to a client.Exotics and structured products · Advanced
- Averages and extremes on a tree, part 3 of 3Exotics and structured products · Advanced
- In, out and the vanilla, part 3 of 3Exotics and structured products · Advanced
- Pricing and hedging a digital, part 3 of 3Exotics and structured products · Advanced
- Two stocks and a worst-of, part 3 of 3Exotics and structured products · Advanced
- A quanto pays a foreign index in domestic currency at a fixed rate.Exotics and structured products · Expert
- Why can some barrier options be hedged with a static portfolio of vanillas…Exotics and structured products · Expert
- Rates and dividends are zero.Exotics and structured products · Expert
- You have 100 observations and a standard error of 0.4.Statistics and inference · Foundation · Free solution
- A sample of 36 observations has mean 0.8 and standard deviation 3.Statistics and inference · Foundation
- You observe 8 successes in 20 trials.Statistics and inference · Foundation
- A quantity has standard deviation 15.Statistics and inference · Foundation
- A strategy averaged 0.05% a day with a daily standard deviation of 1% over 252 days.Statistics and inference · Foundation
- You test 50 signals and want the family-wise error rate at 5%.Statistics and inference · Foundation
- A hit rate with a prior, part 1 of 3Statistics and inference · Foundation
- Ten p-values in a row, part 1 of 3Statistics and inference · Foundation
- Twenty signals at five per cent, part 1 of 3Statistics and inference · Foundation