Chicago Trading Company Quantitative Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 7 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Chicago Trading Company.
Chicago Trading Company
Quantitative Analyst
Mid Difficult Positive experience No offer 1 round
Interview process
Recruiter call Technical screen
Interview formats
Technical Behavioral
The interviewer was nice. The interview, which lasted one hour, covered algorithm and probability questions, like the classic N-coin probability problem. They also asked for detailed information about my research experience.
Confirmed questions2 questions
- Are there any algorithm and probability questions? For example, the classic N-coin probability questions.
- Can you tell me about your research experience in detail?
Chicago Trading Company
Quantitative Analyst
Entry Difficult Negative experience No offer 1 round
Interview process
Technical screen
Interview formats
Technical Coding
The interview was heavily focused on technical and quantitative questions. You should be well-versed in probability, SDE, and Option pricing methodologies. It didn't go too well for me because I wasn't expecting it to be so quantitative/technical. I messed up some questions because I hadn't practiced them in a while and forgot the tricks, and I started panicking after getting the first one wrong. My experience was bad because I realized I was unprepared. However, with some preparation, I think the interview is very manageable.
Confirmed questions3 questions
- Regarding Conditional Expectation, what is the expected number of coin tosses needed to get two heads in a row?
- Could you explain Ito's Lemma?
- What exactly is an RN Derivative?
Chicago Trading Company
Quantitative Researcher
Senior Average Neutral experience Accept offer 3 rounds
Interview process
Recruiter call Phone screen Technical screen Onsite
Interview formats
Behavioral Technical Coding
It was a few rounds of behavioral and technical interviews. The interviewers were nice and the questions were fair. Pretty standard process.
Confirmed questions1 question
- Coding questions in the style of Leetcode, and questions about linear algebra.
Chicago Trading Company Quantitative Analyst Interview Questions
Quoted word for word from Chicago Trading Company interview reports.
“Regarding Conditional Expectation, what is the expected number of coin tosses needed to get two heads in a row?”
Read reports →“What numbers would you put on two six-sided dice so that you could form every number from 1 to 31, considering that combinations like (0, 1) make 1 and (3, 1) make 31?”
Read reports →“Can you explain the derivation of the Black Scholes model?”
Read reports →“What exactly is an RN Derivative?”
Read reports →“Could you explain Ito's Lemma?”
Read report →“Are there any algorithm and probability questions? For example, the classic N-coin probability questions.”
Read report →“Can you tell me about your research experience in detail?”
Read report →“Tell me about a project you worked on, specifically focusing on times you used machine learning.”
Read report →“Can you walk me through one of your projects, highlighting any instances where you employed machine learning techniques?”
Read report →Formats, difficulty and experience
Across all 7 Chicago Trading Company interview reports.