Trader Quant Interview Questions

741 trader quant interview questions shared by candidates

1. "There are two balls in a bag (either black or white). If you draw a white ball, put it back, draw again and it's still a white ball, put it back, what is the probability of drawing a white ball the next time?" 2. "There are 52 playing cards, 26 of which are red and 26 are black. If you draw cards randomly without replacement, gaining +1 for a red card and -1 for a black card, when should you stop to maximize your earnings?"
avatar

Quant Trader Intern

Interviewed at Jane Street

4.4
Dec 18, 2023

1. "There are two balls in a bag (either black or white). If you draw a white ball, put it back, draw again and it's still a white ball, put it back, what is the probability of drawing a white ball the next time?" 2. "There are 52 playing cards, 26 of which are red and 26 are black. If you draw cards randomly without replacement, gaining +1 for a red card and -1 for a black card, when should you stop to maximize your earnings?"

Viewing 151 - 160 interview questions

Glassdoor has 741 interview questions and reports from Trader quant interviews. Prepare for your interview. Get hired. Love your job.