Glassdoor is your free inside look at Chicago Trading Company interview questions and advice. All 17 interview reviews posted anonymously by Chicago Trading Company employees and interview candidates.
Chicago Trading Company Interview Questions & Reviews
Getting the Interview 17 Interviews
Interview Experience 12 Ratings
Software Intern at Chicago Trading Company
Declined Offer – Interviewed in Chicago, IL – Reviewed Mar 26, 2013
Interview Details – Applied online and followed with phone interview. Asked on OOP concepts, basic pseudo codes and details of my projects and work experience
Interview Question – General stuff and basic programming questions Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Summer Intern at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Jan 2013 – Reviewed Mar 8, 2013
Interview Details – Applied through college career center. Heard back a week later. Interview was in person, and my interviewee was extremely nice. Interview was entirely math/stat. Was one of two people out of thirteen selected from school to attend final round in chicago. There were six interviews in the morning with a case study and mock trading game in the afternoon. Interviews were mix of fit and technical.
Interview Question – EV of six sided die. EV of six sided die with two rolls. Mental math questions. Probability questions. Bayes statistics questions. Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Trading Assistant at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Dec 2010 – Reviewed Jun 21, 2012
Interview Details – Got an interview through college recruitment in a target school. Typical trading interview on par with the others. I botched a couple easy questions so didn't receive an offer. The interviewer was friendly and helped me along with the questions I screwed up on. This was my first trading interview so didn't know what to expect but after going on a few others it was quite standard and not super difficult. I believe there is another round of interviewing I never made it to
Interview Questions
- what is 1/16th in decimals? Answer Question
- What are the chances of being dealt 2 of the same card in holdem? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Internship at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Feb 2012 – Reviewed Apr 13, 2012
Interview Details –
You have a scale and 8 balls, and one ball is lighter than others. How many time at least you have to scale out the lighter one?
A 10*10*10 cube has red color over its serface. If it's smashed into 1000 small cubes, how many have no color on?
Interview Question – The question of calculate expectation is rather hard to understand Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Trading Assistant at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Feb 2012 – Reviewed Feb 20, 2012
Interview Details – First round interview, some very basic mental math problem like 2 digit multiplications and some brain teasing questions. Didn't ask any behavioral questions.
Interview Question – Roll a fair dice, if it's a prime number, you pay me that number times $100, if it's not a prime number, I pay you that number times $100. Consider 1 as a prime number. How much willing to pay to play this game. View Answers (3)
Helpful Interview?
Yes |
No
Problem with this interview?
Software Engineer at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Feb 2012 – Reviewed Feb 15, 2012
Interview Details – It was a on-campus interview and met with a senior software engineer. The interview was very technical, started with coding on paper and technical question, barely had any behavioral questions.
Interview Question – How to check there is a loop in a single linked list? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Trading Assistant at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Oct 2010 – Reviewed Jan 4, 2011
Interview Details – Mental Math, probability questions, market experience, the past success and fail
Interview Question – the most failure experience Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Assistant Trading Intern at Chicago Trading Company
No Offer – Interviewed in Chicago, IL Mar 2010 – Reviewed Sep 28, 2010
Interview Details – Scheduling the interview took forever-- 30 days between the initial phone interview and the day at CTC. Interview process was extremely thorough-- intelligence test, case study, 4 back-to-back interviews, multiple presentations, etc. Lots of probability brainteasers. You get to see the CBOE floor. Their new offices are excellent, and it seems to be a great company to work for.
Interview Questions
- What is 29^2? View Answers (3)
- Describe a situation where you were working with a team and had to overcome some sort of challenge. View Answer
Helpful Interview?
Yes |
No
Problem with this interview?
Quant at Chicago Trading Company
No Offer – Interviewed in New York, NY Jun 2010 – Reviewed Jul 20, 2010
Interview Details –
The interview was primarily on technical and quantitative questions.
Know your probability, SDE, and Option pricing methodologies.
It didn't goo to well for me as I didn't see it coming (i.e. expecting it to be as quantitative/techincal). I screwed up some of the questions as I had done those a while back and couldn't recall on all the tricks (and started panicking after I got the first one wrong).
My experience bad as I know now that I was unprepared. However, if you put some time into preperation, I think the interview is very doable.
Interview Questions
- the first question was on Conditional Expectation. Toss a coin till you get 2 heads. Whats' the expected number of tosses. Answer Question
- What is Ito's Lemma? What is RN Derivative? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Trading Assistant at Chicago Trading Company
Accepted Offer – Interviewed in Chicago, IL Feb 2008 – Reviewed May 17, 2010
Interview Details – Mostly quantitative questions. You will have to go over your resume, do a lot of mental math in your head - division, multiplication, etc. but with large numbers; solve number problems. Do not need to have a background in finance or trading - just need to show you're intelligent. Ask a lot of questions.
Interview Question – Mental math. Answer Question
Negotiation Details – Rather not say.
Helpful Interview?
Yes |
No
Problem with this interview?
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