Chicago Trading Company Interview Questions

30 total interview insight submissions
Interview Experience (88%)

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.

3.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (99%)

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.

3.5
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (90%)

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.

58%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Chicago Trading Company

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Student / Prospective Monkey
Year 2012
Job Title Student / Prospective Monkey
Group/Division Risk Management
Location Chicago
Experience
Neutral
Difficulty
Difficult
Intern
Year 2019
Job Title Intern
Group/Division N/A
Location Chicago
Experience
Negative
Difficulty
Difficult
Intern
Year 2016
Job Title Intern
Group/Division Quantitative Research
Location Chicago
Experience
Neutral
Difficulty
Average
Intern
Year 2020
Job Title Intern
Group/Division N/A
Location Chicago
Experience
Very Positive
Difficulty
Average
Intern
Year 2017
Job Title Intern
Group/Division Prop Trading
Location Chicago
Experience
Neutral
Difficulty
Difficult
Intern
Year 2020
Job Title Intern
Group/Division N/A
Location Chicago
Experience
Positive
Difficulty
Difficult
Intern
Year 2020
Job Title Intern
Group/Division Sales and Trading
Location Chicago
Experience
Positive
Difficulty
Easy
1st Year Analyst
Year 2018
Job Title 1st Year Analyst
Group/Division Quantitative Research
Location Chicago
Experience
Negative
Difficulty
Very Difficult
Intern
Year 2018
Job Title Intern
Group/Division Prop Trading
Location chicago
Experience
Positive
Difficulty
Average
Student / Prospective Monkey
Year 2017
Job Title Student / Prospective Monkey
Group/Division Prop Trading
Location Chicago
Experience
Positive
Difficulty
Very Easy

Interview Questions & Answers - Chicago Trading Company Examples

Quant Trader Interview - Risk Management

Anonymous interview candidate in Chicago
Interviewed: March 2012
Date Submitted: Nov 17, 2021
Outcome
No Offer
Interview Source
Recruiter
Length of Process
Less than 1 month
Application
Phone Interview
Skills Test
Interview
Consisted of SAT and logic style questions and then conducted a phone interview with 5-6 technical questions followed by behavioral.
Interview Questions
many questions similar to other quant interviews
Sample Answer

Analyst Interview

Anonymous interview candidate in Chicago
Interviewed: November 2019
Date Submitted: Jun 17, 2021
Outcome
No Offer
Interview Source
Recruiter
Length of Process
2-3 months
Application
1 on 1 Interview
Skills Test
IQ / Intelligence Test
Interview
Started off with a series of test such as the IQ test and then progressed into more technical stuff that tests your logic such as different brain teasers.
Interview Questions
All questions were not easy but having to remember info before interview was hard
Sample Answer

Intern Interview - Quantitative Research

Anonymous interview candidate in Chicago
Interviewed: June 2016
Date Submitted: Mar 11, 2021
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Skills Test
Interview
Sent in resume, was given an online assessment consisting of probability/brainteaser questions, ~10 to be completed in thirty minutes. Heard back one week later and did not move on.
Interview Questions
Sent in resume, was given an online assessment consisting of probability/brainteaser questions, ~10 to be completed in thirty minutes. Heard back one week later and did not move on.
Sample Answer

Quantitative Trading Analyst Intern Interview

Anonymous employee in Chicago
Interviewed: October 2020
Date Submitted: Nov 15, 2020
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Skills Test
Personality Test
Interview
First round: 1 behavioral + 1 technical
Superweek interview: 1 behavioral + 4 technical + mock trading
Interview Questions
Estimate how many windows Empire State Building has and how confident are you to your estimation.
Sample Answer

Junior trader Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: November 2017
Date Submitted: Apr 25, 2020
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Group Interview
IQ / Intelligence Test
Interview
Started with online assessment. After passing the assessment I was invited to the one way video interview where you are prompted questions on the spot and told to answer and record. After this was the on campus interview with two alums. Then invited to super day in Chicago consisting of half a day of trading simulation exercise and half a day of interviews, with a total of 6 one on one interviews
Interview Questions
Estimate the number of barrels of oil you could fit on an aircraft carrier, number of gas stations in California. Also lots of mental math and probability questions. Also some of the fit and behavioral questions were challenging. They would go in depth about asking resume related questions making sure you actually were involved and interested. I had put programming skills on my resume (was a finance major) and one quant started asking coding questions, algorithm questions, what you liked about the classes, what you didn’t like.
Sample Answer

Summer Intern Interview

Anonymous interview candidate in Chicago
Interviewed: January 2020
Date Submitted: Feb 26, 2020
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Presentation
Skills Test
IQ / Intelligence Test
Personality Test
Interview
I applied online for the summer analyst position. Was initially rejected for the role but was extended a chance to interview later. Gave an online IQ test. I then had a phone call. After clearing that I was called to the final round to their head office. Both the phone call and the onsite interview consisted of behavioral and technical questions. The technical questions consisted of probability and statistics questions (expected value, Bayes theorem, and probability puzzles). They also had a small coding test and a market-making exercise.
Interview Questions
1. A stick is randomly cut at 2 different points. What is the probability that the three pieces form a triangle?
2. 3 mental maths questions which involved decimals and multiplication
3. A python-based coding question which involved analyzing stock data
4. Estimate the number of windows in this building
5. Estimate the length of the equator
(I had to justify my assumptions in 4 and 5)
6. Give me a theoretical explanation of Bayes Theorem. After this, he asked me to try and rephrase the theorem using a probability outcome tree
Sample Answer

QTA Intern Interview - Sales and Trading

Anonymous interview candidate in Chicago
Interviewed: January 2020
Date Submitted: Feb 10, 2020
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
One online test followed by a phone interview, and lastly an onsite. Typical brainteasers, quant finance questions. No surprises at all. They don't care about CS skills, just mathematical ability, unlike many firms.

Nice people, very structured and thorough process.
Interview Questions
You have 27 race horses. You can race five of them at a time. You don't know what each one's time even if you race them (you only know the order in which the five horses raced ended up in). How many races do you need to make, in what order, with what horses, in order to know the top three horses overall from the pool of 27 horses? You also need to know not just which three horses these are, but their order relative to each other (who came first, second, third). Optimize your strategy to find the minimum number of races.
Sample Answer

Trading Assistant Interview - Quantitative Research

Anonymous interview candidate in Chicago
Interviewed: November 2018
Date Submitted: Jun 04, 2019
Outcome
No Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Phone Interview
Skills Test
IQ / Intelligence Test
Interview
First step of the process was an intelligence test. Not too difficult - mostly logical word problems. After passing the test, had a phone interview. Very difficult probability/brainteasers and did not make it past this round.
Interview Questions
* You have 8 marbles. One of them weighs more than the 7 others. What is the minimum number of steps you need in order to determine the outlier?

* Dice roll gambling question. I had great difficulty understanding the interviewer and still am unsure what he was actually asking.

* A couple mental math questions. XX * XX. I nailed one of them and other there was so much noise in the background it was difficult to think.

* Talk about a time you worked on a team, where there was a disagreement and how you worked to solve it
Sample Answer

trading intern Interview - Prop Trading

Anonymous interview candidate in chicago
Interviewed: February 2018
Date Submitted: Mar 13, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Asked mostly behavioral and mental math questions. Had two phone interviews back to back. Was not too difficult.
Interview Questions
Tell me your strengths and weaknesses. Walk through your resume. What is 5/32 expressed as a decimal. What is 7/12. What is 34*45. Overall the interview was very nice. I enjoyed talking with them. Nothing unexpected. Be yourself and will be okay. Before the phone interview there was a online video interview and iq test beforehand. Both were fairly straightforward. In the video interview you have 30 seconds to answer each question so so do quickly. They want fast thinkers at their company so do well.
Sample Answer

Trading Assistant Intern Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: October 2017
Date Submitted: Feb 28, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Group Interview
Skills Test
Drug Test
Background Check
Interview
It started off with an online IQ test. This proceeded to a video recorded interview followed by 2 phone interviews. This was then followed by an onsite superday which consisted of mock trading and 1 on 1 interviews.
Interview Questions
The mock trading was the most difficult. They simulated the trading floor and all the candidates had to trade against each other and against the two interviewers. During this time, the interviewers judged candidates based on speed, and aggressiveness. Overall, it was like a math test to see how fast you can calculate numbers, and personality test to see if you are aggressive making trades. Also, the 1 on 1 interviews and phone interviews consisted of a lot of mental math which I am not particularly fast at.
Sample Answer