Peak6 Investments Interview Questions

20 total interview insight submissions
Interview Experience (86%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.6
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (93%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (54%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

37%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Peak6 Investments

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Year
Job Title
Group/Division
Location
Experience
Difficulty
Other
Year 2023
Job Title Other
Group/Division N/A
Location Chicago
Experience
Neutral
Difficulty
Difficult
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division N/A
Location Chicago
Experience
Neutral
Difficulty
Average
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Trading
Location Chicago
Experience
Negative
Difficulty
Difficult
Intern
Year 2019
Job Title Intern
Group/Division Prop Trading
Location Chicago
Experience
Positive
Difficulty
Average
Intern
Year 2020
Job Title Intern
Group/Division Capital Markets
Location Chicago
Experience
Positive
Difficulty
Average
Intern
Year 2019
Job Title Intern
Group/Division Trading
Location Chicago
Experience
Neutral
Difficulty
Average
Intern
Year 2019
Job Title Intern
Group/Division Generalist
Location Chicago
Experience
Very Positive
Difficulty
Very Easy
1st Year Associate
Year 2019
Job Title 1st Year Associate
Group/Division Securities
Location Chicago
Experience
Positive
Difficulty
Difficult
Student / Prospective Monkey
Year 2017
Job Title Student / Prospective Monkey
Group/Division Trading
Location Chicago
Experience
Positive
Difficulty
Average
N/A
Year 2018
Job Title N/A
Group/Division Prop Trading
Location Chicago
Experience
Neutral
Difficulty
Average

Interview Questions & Answers - Peak6 Investments Examples

Trading Associate Interview

Anonymous interview candidate in Chicago
Interviewed: October 2023
Date Submitted: Jan 14, 2024
Outcome
No Offer
Interview Source
Other
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
IQ / Intelligence Test
Interview
The first step in the process was to take an IQ test that consisted of everything from "which pattern would come next" to expected value problems to brain teasers. I was made aware that there is no pass or fail on the test, but that it would be used to gauge my problem solving skills. After completing the IQ test I had a first round interview. 30 minutes was technical: Mental math where you have 4min to successfully solve as many of the 30 mental math (addition, subtraction, multiplication, division and a couple what is xx% of 1200 for example), an expected value problem where I was asked to determine the expected value of 3 scenarios (you should have a good understanding of expected values and risk tolerance and deploying bankroll giving odds of winning.) And then finally I was asked how many pounds of milk cows in the US produce per year. The behavioral interview was straight forward with a few questions regarding collaboration and my personal trading.
Interview Questions
How many pounds of milk do cows produce in the US per year?
Sample Answer

Trading Interview

Anonymous interview candidate in Chicago
Interviewed: April 2020
Date Submitted: Jan 12, 2023
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Group Interview
Skills Test
IQ / Intelligence Test
Personality Test
Interview
I was sent an IQ like test with a focus on probability/trading problems. It was essentially 15 probability questions to be expected and 15 IQ test like questions. After submitting my availability to the recruiter, I get an email saying that my interview was that day. I was completely caught off guard and did not know what to expect. This round was all mental math which I was not prepared for at the time. If I had maybe a heads up, I would have brushed up on my mental math. Otherwise process was fine.
Interview Questions
The mental math questions. Practice up to triple-digit addition, subtraction, multiplication, and division.
Sample Answer

Trading Associate Interview - Trading

Anonymous interview candidate in Chicago
Interviewed: October 2021
Date Submitted: Dec 10, 2021
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
1 on 1 Interview
Group Interview
Skills Test
Interview
Take online assessment, got email for intro meeting with 2 people. First one was behavioral, second was asking a bunch of mental math probllems and market sizing question. Super day was super exhausting and all over zoom, the longest I have ever had to complete (literally 10 am to 6 pm). Included "shadowing" a desk, HR interview, a very random "technical" interview asking questions like why the sky is blue, and an odd case study.
Interview Questions
Why the sky is blue
Sample Answer

Trading Intern Interview - Prop Trading

Anonymous employee in Chicago
Interviewed: February 2019
Date Submitted: Mar 18, 2021
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
Skills Test
Personality Test
Interview
First got a math test with many probability and logic questions. Then, had phone interviews with HR and trader. Final round was an on-site where there were around 5 interviews with traders.
Interview Questions
Market making on sum of several coin tosses
Sample Answer

Trading Intern Interview - Capital Markets

Anonymous employee in Chicago
Interviewed: October 2020
Date Submitted: Feb 14, 2021
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
1 on 1 Interview
Group Interview
Skills Test
IQ / Intelligence Test
Personality Test
Background Check
Interview
Applied online through RippleMatch. Took an logic/probability test online (took an hour). First round of interviews was in three stages. The first stage was a market game with a group of other interviewees. They said it wasn't judged but it probably was. The next day there were two interviews, one with 4 minutes of mental math and then a case interview, and the other was behavioral.

The superday was next and was all on Zoom because COVID. I think they normally do it in person. There were 5 or 6 rounds of interviews and we were also introduced to one of the co-founders of the company and the recruitment staff. The interviews were a mix of behavioral, technical, and probability games.
Interview Questions
The mental math was hardest for me.
Sample Answer

Intern Interview - Trading

Anonymous interview candidate in Chicago
Interviewed: November 2019
Date Submitted: Nov 25, 2019
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
2-3 months
Application
Phone Interview
1 on 1 Interview
Group Interview
Skills Test
Personality Test
Interview
You apply online, then you get a math test. If you pass, you are sent to Skype interviews, one behavioral and one technical. If you pass, you go on-site.
Interview Questions
You need to have above-average skills with market making. One of their group activities is market making. They ask you to make a market off of the sum of six die. Dice are thrown one by one and you can adjust your market each time it's thrown and trade on it. It starts off with offers to sell/buy being made only by the applicants, and if things get stale the interviewers step in with obviously low/high offers. You are asked to keep track of your position and your net profit/loss. If you don't do much they will call you out and ask why you're not trading.
Sample Answer

Trading INtern Interview - Generalist

Anonymous interview candidate in Chicago
Interviewed: March 2019
Date Submitted: Oct 08, 2019
Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Skills Test
Personality Test
Background Check
Interview
I applied through Handshake and then was contacted. I then did a Skype call with a trader and HR. Then I went to the superday
Interview Questions
There really wasn't a difficult or unexpected interview question. We played a card game with betting, which was just using common sense and probability to estimate how much you would bet and the expected value of winning. Then There was a group interview with two traders and shadowing some of the traders to see the life. Then we did a market making game which was then again really really easy. Overall, basic probability questionss and I don't really have much else to say so now I'm just filling up space.
Sample Answer

Trading Associate Interview - Securities

Anonymous interview candidate in Chicago
Interviewed: September 2019
Date Submitted: Sep 23, 2019
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Skills Test
IQ / Intelligence Test
Interview
I went to my University Career Fair and spoke with them. They then told me to apply online. Shortly after I received a online assessment, which was an IQ Test of sorts. It asked many sequence questions, (i.e What is the next number in this sequence), probability questions involving cards, and some logic based diagram questions. I was then invited to an on-campus 1 hour interview, which I am waiting for a response from.
Interview Questions
In the IQ Test, there were some pretty difficult sequence questions:
What is the missing number?
-1 2 4 0 14 -2 ? -4 74 -6

In a coin-flipping game, you win 4$ if the next flip is head, and lose 3$ if the next flip is tails. After 10 tosses, the coin has flipped heads 8 times and tails 2 times. What is the expected value of the next flip?


In the in person interview there is an extreme amount of mental math questions, I didn't expect it to be so large. There is not as many brainteasers as I would have expected, nor probability questions. If I had to break it down, I would say 50% Mental Math, 30% Probability, 10% Brainteasers.
Sample Answer

trading Associate Interview - Trading

Anonymous interview candidate in Chicago
Interviewed: September 2017
Date Submitted: Oct 01, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Skills Test
IQ / Intelligence Test
Personality Test
Interview
Applied online through a campus recruiting site. Got an invitation to take an online assessment test which consisted of probability questions, series, and pattern solving. There were 20 questions total, and one hour time given. Overall difficulty was fair for the role in consideration.
Interview Questions
Question on horse racing outcomes and betting. If you have 5 horses and you are the owner of the race track, how do you go about determining the betting amounts for a specific horse? If horse 1 has a chance of winning 70% of the time, and the bet pays out $5, how much would you charge for the bet? Would you charge a slight spread on that bet? Now if you do not know the chances of horse 1 winning, how much would you charge for the bet? What would be a few ways to increase revenue for your gambling ranch?
Sample Answer

Associate Trader Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: September 2018
Date Submitted: Sep 05, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
IQ / Intelligence Test
Interview
20 questions, 45 minutes. Some very basic probability, some sequences. Really odd number puzzles that involved like 5 numbers, 4 surrounding one all in boxes. And maybe a set of three of these and you had to figure out the number in the middle. Also, some bonafide logic questions.
Interview Questions
The puzzle questions I talked about up above. Weird crossword looking number questions which were i guess a mixture of pattern and sequence recognition. There were also visual puzzles that made little sense to me. Threw me off right at the beginning. But we will see if I get called back. Other than that, all the questions were quite reasonable and easy. 45 minutes was about enough time for me, i finished in 42. I think, in general though, you should expect these types of questions. I liked these more than pure mental math.
Sample Answer