Optiver Interview Questions and Answers

Topics to prepare for Optiver Trading interview:

• speed math
• logical reasoning

Interview preparation tips for other job seekers - Be good at speed math calculations and logical reasoning

Round: Test
Experience: It was a round which involved 80 questions such as  (3+17*5)/11 = ?Four Options were given (one answer correct)The extraordinary part of this test was that it involved negative marks for a wrong answer as well as a skipped answer. That means one has to sequentially answer questions!
Tips: Practise on tradertest.org.Even if you do 50 questions here, you will get through the optiver test.Learn to progress without rechecking :D
Duration: 8 minutes
Total Questions: 80

Round: Test
Experience: The cutoff was 24/26 correct patterns! It was damn competitive!
Tips: Just have a knack of solving patterns. They are available on tradertest.org.
Duration: 30 minutes
Total Questions: 26

Round: Test
Experience: This was a round wherein I seriously felt that I would not get through. I had got 2 definitely right, and other 3 almost 1/2 right. I guess the cutoff was 3/6. Questions involved probability and logic puzzles.
Tips: Just keep on practising logic puzzles. And also brush up on probability. Especially on expected values!
Duration: 120 minutes
Total Questions: 6

Round: Technical Interview
Experience: It was fun! I had practised a few mock interviews and this went like a breeze.
Tips: Do get a good enough feel of trading and try practising trading on a deck of cards.

Round: HR Interview
Experience: This was an ultimate stress interview. A lot of questions were two-faced : having us to choose between two correct answers. They look at the way a trader would answer the questions.
Tips: Shout out loudly! Yeah, sometimes they check your voice strength. And relax. They will get to your inner predicament eventually. Also, practise the basic HR questions : Why optiver? What are qualities of trader? What does Optiver trade? Some strengths and weaknesses, etc. etc.

General Tips: Just take it easy. You would do best if you are cool :)
Skill Tips: I googled for logic puzzles and prepared almost all I could get my hands on.
Skills: Speed, Memory, Logic
College Name: IIT BOMBAY
Motivation: I simply loved the grace of the company! And took to liking trading imensely. Also, I felt that I had the skillset in me to become a good trader.
Funny Moments: I forgot what optiver trades. It was a LOL moment indeed!