DRW Trader Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 29 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at DRW.
DRW
Trader
Mid Average Neutral experience Accept offer 4 rounds
Interview process
Phone screen Technical screen Onsite
Interview formats
Behavioral Technical Coding Case
We started with a phone screen where we did some get-to-know-you questions and then some brain teasers. After that, I was invited to a super day. There were different pods that interviewed me, covering areas like experience, mental math, programming, and mock trading.
Confirmed questions6 questions
- Questions about market rumors and information.
- Puzzles or logic problems.
- Questions about your past work experience.
DRW
Trader
Entry Easy Negative experience No offer 2 rounds
Interview process
Recruiter call Phone screen
Interview formats
Technical Behavioral
The interview process was quite poor. I was initially invited for a telephone interview. However, I was interviewed by someone who seemed like a recent graduate, and they appeared disengaged throughout the conversation. They responded very briefly to any questions I had, which made the interaction dull. Given my prior experience with similar interviews, where I've typically progressed to the final stages, this outcome wasn't entirely unexpected. I don't believe it was due to my performance, but rather the interviewer's apparent lack of attention. Despite answering questions about options knowledge accurately, I was still rejected. While this might sound like a complaint after a poor performance, it was genuinely the strangest phone interview I've ever encountered.
Confirmed questions2 questions
- What are your thoughts on the greeks?
- Can you explain options theory?
DRW
Trader
Intern Average Positive experience Decline offer 3 rounds
Interview process
Recruiter call Onsite
Interview formats
Technical Behavioral
I got invited for a superday at their offices in NY. There were three interviews, pretty straightforward. Two were mostly math-focused, and one was a fit interview. Since it was for a trading internship, the math was mainly probability and Markov processes, nothing too complicated. We also got a tour of the trading floor and chatted with traders from different teams to learn about their trading and markets.
Confirmed questions4 questions
- What is the fair price to play a game where you roll a fair six-sided die and get paid the face value?
- What's the price for a game where you can roll a fair six-sided die once, and if you don't like the result, you can roll again (for a total of two rolls max), and get paid the face value of the final roll?
- What is the price to play the game in (ii) but with the option of one additional roll, for a total of three rolls?
DRW Trader Interview Questions
Quoted word for word from DRW interview reports.
“How many pairs of positive integers (m, n) satisfy the equation 3m + 7n = 10000?”
Read reports →“What is the square root of 1000?”
Read reports →“What's the chance of drawing two cards from the top of the deck that end up being the same number?”
Read reports →“Given a jar of 100 pennies, one of which is two-headed, if you pick one penny at random and flip it 7 times, getting 7 heads each time, what is the probability that you have the two-headed penny?”
Read reports →“How much should someone be willing to pay for the game if they can roll the die an infinite number of times?”
Read report →“What is the fair price to play a game where you roll a fair six-sided die and get paid the face value?”
Read report →“What is the price to play the game in (ii) but with the option of one additional roll, for a total of three rolls?”
Read report →“If a coin was flipped 5 times and resulted in 4 heads and 1 tail, and we know the coin is either a fair coin or a weighted coin with a 60% chance of heads, what's the probability that it's the weighted coin?”
Read report →“Given two non-uniformly burning ropes (each taking 1 hour to burn completely) and a lighter, how would you measure exactly 45 minutes?”
Read report →Formats, difficulty and experience
Across all 29 DRW interview reports.