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Market Making & Games Interview Questions
Market making and games questions test the trading instinct itself: quoting fair value and a spread, adverse selection, betting games, auctions, arbitrage and game theory — the exact style Optiver, SIG and Jane Street use to screen traders. All 18 market making & games questions below come with a full worked solution — sign in to check your answers and track your progress.
Read the guide: Market Making Interview Questions: Fair Value, Spreads and Betting Games
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Make a Market on Two Dice
OptiverSIG / Susquehanna
Fair Value of a Loaded Die
OptiverIMC Trading
Roll, Keep or Re-roll
Jane StreetSIG / Susquehanna
The Red–Black Card Game
Jane StreetCitadel Securities
Two Bookmakers, One Arbitrage
SIG / SusquehannaFlow Traders
The Bookmaker’s Edge
SIG / SusquehannaDRW
Odds to Probability
Flow TradersOptiver
Quoting Against Informed Flow
Citadel SecuritiesSIG / Susquehanna
Kelly with 2-to-1 Odds
SIG / SusquehannaDRW
Two-Thirds of the Average
Jane StreetOptiver
Shading a First-Price Bid
Jane StreetDE Shaw
Triangular FX Arbitrage
Flow TradersIMC Trading
The St. Petersburg Game
Jane StreetTwo Sigma
Piano Tuners in Chicago
OptiverIMC Trading
Skewing Off an Inventory
OptiverFlow Traders
The Two-Envelope Paradox
Jane Street
The House Edge in European Roulette
SIG / SusquehannaFive Rings
The Doubling “System”
SIG / SusquehannaFive Rings
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