# Junior Trader Interview Questions

Junior trader interview questions shared by candidates

## Top Interview Questions

During the third interview : imagine an infinite chess board. If the horse from 1 case, in how many cases can he possibly ends after 10 moves. You actually don't have to give a number but a 95% confidence interval. pen and paper allowed 751 Don't really understand the question... the horse from 1 case? and whats the intuition of the answer given? I think it's much more than 751. I found 7938126 cases, and there are more. Show More Responses |

I was asked to describe in detail the hedges I would implement to protect myself on a cargo of Petroleum bought today for future delivery in one region on local pricing with intention to deliver if by sea to a different region on totally different pricing. |

“Given the numbers 1 to 1000, what is the minimum numbers guesses needed to find a specific number if you are given the hint "higher" or "lower" for each guess you make.” |

If the clock is at 9:30, what angle is it at? |

A bunch of people sit down at a circular table. How many combinations are there or certain people sitting down next to others? |

Two butterflies are trading on an underlying: a 50 butterfly and a 100 butterfly. Both are 5 wide and implied volatility is the same. Which one is more expensive? |

Suppose there's a 60% chance of rain on saturday, and a 80% chance of rain on sunday. Given that it rained over the weekend, what's the chance it rained saturday? |

Gave different spreads (butterflies,call,put) and prices and I had to figure out the price of certain strike calls and puts. interesting mixture between logic and options knowledge. |

what is 24*32? |

Game 1 pays $20 if you flip heads and you flip the coin 4 times, game 2 pays $500 if you flip heads all 4 times. Which game do you pick? |

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