Derivatives Trader Interview Questions | Glassdoor

# Derivatives Trader Interview Questions

15

Derivatives trader interview questions shared by candidates

## Top Interview Questions

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### Equity Derivatives Trader Trainee Co-op at Group One Trading was asked...

Feb 17, 2011
 Given two die, what is the probability that the sum when rolled would add up to six?5 Answers0.141/65/36Show More Responses5/36 is right.... Combinations that add up to six: 1 and 5, 2 and 4, 3 and 3, 4 and 2, 5 and 1. So we have 5 successes. There are 36 individual outcomes because there are 6 sides on each die and 6*6 = 36 So we have 5/36.Foolish young ones how sooo foolish the answer is 5/36 ... 2 die = 36 possible outcomes (5,1/4,2/ 3,3/ 2,4/ 1,5) = 5 outcomes equaling 6 5/36

### Equity Derivatives Trader Trainee at Group One Trading was asked...

Jun 7, 2011
 Do you play poker?1 AnswerAbsolutely yes - almost everyone there plays poker.

### Derivative Trader at Optiver was asked...

Aug 23, 2015
 If a 10 x 10 x 10 cube has its cubic outer layer removed, what are the dimensions of the new cube?2 Answers8 x 8 x 83

### Equity Derivatives Trader Trainee Co-op at Group One Trading was asked...

Feb 17, 2011
 The solution to the product of two two-digit numbers. I think it was 39x21. 1 Answer819

### Equity Derivatives Trader Trainee Co-op at Group One Trading was asked...

Feb 17, 2011
 After noon, when is the next time the minute and hour hands lie directly on top of eachother, to the nearest second? 1 Answer1:05:27, I think

### Credit Derivatives Trader at Morgan Stanley was asked...

Mar 29, 2017
 My view credit markets ?Be the first to answer this question

### Equity Derivatives Trader Trainee at Group One Trading was asked...

Jun 7, 2011
 Expected value, fraction to decimal, and relatively easy brain teasers. Be the first to answer this question

### Derivatives Trader at Optiver was asked...

Jan 18, 2016
 Estimate the volume of salt in the Atlantic Ocean.Be the first to answer this question

### Derivatives Trader at TransMarket Group was asked...

Nov 19, 2015
 Pitch an options play.Be the first to answer this question

### Derivatives Trader at Optiver was asked...

Jan 18, 2016
 If A and B are playing tennis and the score is 30-30, what is the chance that A wins the game? Assume on any given point, A has a 0.7 chance of winning the point (and B 0.3)4 AnswersI screwed it up horrendously, but it really works like this: For A to win in 2n points with n>=1, the first 2n-2 points each have to be pairs of (0.7)(0.3) or (0.3)(0.7) (else A or B has already won), and the final 2 points have to be (0.7)(0.7). So to win in 2 points, (0.7)(0.7), in four points (0.7)(0.3)(0.7)(0.7)+(0.3)(0.7)(0.7)(0.7). So looking at n>=2, you have 2*(0.21)^(n-1)*0.49, which is a geometric series, and then add in the first 0.49.The way I approached it was as follows: Starting from the initial state, one player has to win 2 points in a row to win. If that does not happen, we're back to the initial state. Therefore, P(A) = 0.49, P(B) = 0.09, P(repeating) = 1 - P(A) - P(B) = 0.42 I enjoy using the intuition that A is 49/9 more likely to win and then find the probabilities by dividing both by 0.42 (making 49 and 9 add up to 100 while preserving their proportions). Grats on the JS offer!Shouldn't it be 0.7?Show More Responses0.676
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