Skip to content

Practice for your SIG interview

Timed assessments modelled on SIG's Quantitative Evaluation and Problem Solving rounds, real interview questions, and the expected-value thinking SIG is known for.

The SIG interview process

SIG is a global quantitative trading firm handling millions of transactions on exchanges around the world every day. Their process opens with an online assessment: traders face the 20-minute Quantitative Evaluation Test, quant researchers the 60-minute Problem Solving Assessment, both built around expected value and conditional probability. After that come a phone interview with a recruiter, a technical interview with a senior trader, and a final round that mixes math, HR, and market making games.

Practice assessments

Questions asked at SIG 205 questions

100 Light Bulbs Brain Teasers Symmetry Medium 100-Sided Die Probability and Statistics Expected Value Hard 230 Heads Probability and Statistics General Medium 3 Unique Marbles Probability and Statistics Combinatorial Analysis Easy 5 Descending Cards Probability and Statistics Expected Value Medium 90 Cents Please Probability and Statistics Combinatorial Analysis Medium Aces for All Probability and Statistics Combinatorial Analysis Easy Algorithms Probability and Statistics Conditional Probability Medium All Faces Probability and Statistics General Easy Free American vs. European Options Derivatives Theory Option Theory Easy Free Animal Migrations Probability and Statistics Markov Chain Probability Easy Any Cake Left Probability and Statistics General Easy Athletic Cats Probability and Statistics Conditional Probability Medium ATM at Maturity Derivatives Theory Greeks Easy ATM to ITM Call Derivatives Theory Greeks Medium ATM to OTM Put Derivatives Theory Greeks Medium Bankrupt Probability and Statistics Markov Chain Probability Easy Free Basketball Practice #1 Probability and Statistics Expected Value Medium Biased Coin #1 Probability and Statistics Expected Value Medium Biased Coin #2 Probability and Statistics Expected Value Easy Biased Coin #3 Probability and Statistics Expected Value Easy Biased Coin #4 Probability and Statistics Expected Value Medium Birthday Puzzle #2 Brain Teasers Logical Hard Boats on a River Math Questions General Hard Bold Betting Strategy Probability and Statistics Markov Chain Probability Medium Both Card Colors Probability and Statistics General Easy Breakeven Scenario #1 Derivatives Theory Option Theory Easy Breakeven Scenario #2 Derivatives Theory Option Theory Easy Breakeven Scenario #3 Derivatives Theory Option Theory Medium Call and Put Options Derivatives Theory Option Theory Easy Call Option Derivatives Theory Black Scholes Model Easy Cash or Reroll Probability and Statistics Expected Value Easy Free Cash Settlement Derivatives Theory Derivatives General Easy Charm - Delta Decay Derivatives Theory Greeks Hard Checkmate Probability and Statistics General Easy Chessboard Crossing Math Questions General Easy Chip Eleven Probability and Statistics Conditional Probability Easy Choosing Blocks Math Questions General Easy Clearinghouse Derivatives Theory Derivatives General Medium Clocks and Hands Brain Teasers Logical Medium Coefficient of Variation Probability and Statistics Expected Value Hard Coin Race #1 Probability and Statistics General Easy Coin Race #2 Probability and Statistics Combinatorial Analysis Medium Coin Series #1 Probability and Statistics Markov Chain Probability Easy Coin Series #2 Probability and Statistics Markov Chain Probability Medium Coin Series #3 Probability and Statistics Markov Chain Probability Medium Coin Toss #1 Probability and Statistics Conditional Probability Medium Coins and Dice Probability and Statistics Expected Value Easy Company Acquired or Not Probability and Statistics Expected Value Medium Contract Size Derivatives Theory Derivatives General Easy Cookie Sorting Math Questions General Easy Costly Reroll Probability and Statistics Expected Value Medium Counterparty Risk Derivatives Theory Derivatives General Easy Croissant or Muffin Probability and Statistics Expected Value Easy Dart Game Probability and Statistics Conditional Probability Medium Delta and Gamma Close to Maturity Derivatives Theory Greeks Easy Delta Change #1 Derivatives Theory Greeks Medium Delta Change #2 Derivatives Theory Greeks Hard Delta for ATM Call and Put Derivatives Theory Greeks Easy Delta ITM Derivatives Theory Greeks Easy Derivatives Limitations Derivatives Theory Derivatives General Easy Derive Delta Derivatives Theory Black Scholes Model Medium Dice Game #1 Probability and Statistics Expected Value Hard Dice Game #2 Probability and Statistics Expected Value Hard Dice Order Probability and Statistics Combinatorial Analysis Medium Dice Sum Game Probability and Statistics Expected Value Easy Dice With Same Numbers Probability and Statistics Expected Value Medium Dividends #1 Derivatives Theory Option Theory Easy Dividends #2 Derivatives Theory Option Theory Medium Dividends #3 Derivatives Theory Option Theory Medium Dividends #4 Derivatives Theory Option Theory Medium Dividends in the Black-Scholes Model Derivatives Theory Black Scholes Model Easy Divisible Throws Probability and Statistics Expected Value Easy Double Roll Pay Probability and Statistics Expected Value Easy Drunk Student #1 Probability and Statistics Expected Value Easy Drunk Student #2 Probability and Statistics Expected Value Medium Effect of Implied Volatility on Option Pricing Derivatives Theory Implied Volatility Easy Engine or Wheels Probability and Statistics Conditional Probability Easy Escalator Steps Math Questions General Medium Free Fair or Unfair Coin Probability and Statistics Conditional Probability Easy Fake News Probability and Statistics Conditional Probability Easy Favorite Sports Probability and Statistics Conditional Probability Easy First Ace Probability and Statistics Expected Value Easy Five Ascending Cards Probability and Statistics General Medium Five Greeks Derivatives Theory Greeks Easy Flipping a Coin #1 Probability and Statistics Combinatorial Analysis Easy Flipping a Coin #2 Probability and Statistics Combinatorial Analysis Medium Flowers in Bloom Probability and Statistics Expected Value Medium Fly vs Ant Math Questions General Medium Forward Skew Derivatives Theory Implied Volatility Medium Free Seat Probability and Statistics Expected Value Easy Free Ticket Probability and Statistics Expected Value Hard Futures Roll-Over Derivatives Theory Derivatives General Medium Futures vs. Forward Contract Derivatives Theory Derivatives General Easy Gambler's Ruin #3 Probability and Statistics General Medium Game Show Stop or Go Probability and Statistics Expected Value Easy Games Store Probability and Statistics Conditional Probability Easy Going to the Beach #2 Probability and Statistics General Hard Heavier Side Probability and Statistics Combinatorial Analysis Medium Higher Implied Volatility Derivatives Theory Implied Volatility Easy Historical vs. Implied Volatility Derivatives Theory Implied Volatility Easy How Many Children Probability and Statistics General Hard How Many Dogs Math Questions General Medium How Many Pairs Probability and Statistics Combinatorial Analysis Hard How Many Spiders Math Questions General Easy How Many Twos Brain Teasers Simplification Medium Inflate Rate Math Questions General Hard Free Intrinsic Value Derivatives Theory Option Theory Easy Jumping Frog Math Questions General Medium Jumping Toad Probability and Statistics Markov Chain Probability Medium Kelly Betting #1 Probability and Statistics Expected Value Easy Kelly Betting #2 Probability and Statistics Expected Value Medium Key Assumptions Black Scholes Model Derivatives Theory Black Scholes Model Easy Knights and Knaves Brain Teasers Logical Easy Leverage Derivatives Theory Derivatives General Easy Liquidity Effect Derivatives Theory Implied Volatility Medium Long Fish Math Questions Solving Unknowns Medium Long Straddle Derivatives Theory Pay-Off Diagram Easy Lower Die Probability and Statistics General Medium Meeting Probability Probability and Statistics General Easy Meeting Your Friend Probability and Statistics Combinatorial Analysis Medium Moneyness Derivatives Theory Option Theory Easy Most Important Indices Derivatives Theory Derivatives General Easy Multiply 3 Dice Probability and Statistics General Easy Free Naked vs. Covered Option Derivatives Theory Option Theory Easy Number of Pigs Math Questions General Easy Free Optimal Spread Probability and Statistics General Hard Option Time Value Derivatives Theory Option Theory Easy OTC-Traded Derivatives Derivatives Theory Derivatives General Medium Other Than Six Probability and Statistics Expected Value Easy Painted Cube Probability and Statistics Conditional Probability Hard Picking Balls #2 Probability and Statistics Combinatorial Analysis Medium Picking Balls #3 Probability and Statistics Combinatorial Analysis Medium Picking Tiles Probability and Statistics Markov Chain Probability Easy Picnic with Colleagues Brain Teasers Logical Easy Pin Risk Derivatives Theory Option Theory Medium Poker - Four of a Kind Probability and Statistics Combinatorial Analysis Easy Poker Chip Drop Probability and Statistics General Easy Predictive Power of Implied Volatility Derivatives Theory Implied Volatility Easy Product of Unknowns #1 Math Questions Solving Unknowns Hard Put Option Derivatives Theory Black Scholes Model Easy Put-Call Parity Derivatives Theory Option Theory Medium Racing Cars Probability and Statistics Conditional Probability Medium Radius of a Circle Math Questions General Hard Random Ant Probability and Statistics Markov Chain Probability Medium Rectangles On Chessboard Math Questions General Easy Region Spinner Probability and Statistics Markov Chain Probability Easy Repeating Dice Probability and Statistics Expected Value Easy Reverse Skew Derivatives Theory Implied Volatility Medium River Length #1 Math Questions General Medium River Length #2 Math Questions General Medium Rolling Six Probability and Statistics Conditional Probability Easy Rowing Reshuffle Probability and Statistics Expected Value Medium Running Rabbit Probability and Statistics Combinatorial Analysis Medium Russian Roulette #1 Probability and Statistics Conditional Probability Easy Russian Roulette #2 Probability and Statistics Conditional Probability Medium Russian Roulette #3 Probability and Statistics Conditional Probability Medium Russian Roulette #4 Probability and Statistics Conditional Probability Medium Second Heads Probability and Statistics Conditional Probability Medium Sequences Math Questions General Easy Set of Distinct Integers Math Questions General Easy Sheep Runs Home Math Questions General Hard Short Straddle Derivatives Theory Pay-Off Diagram Easy Six Before Eleven Probability and Statistics Conditional Probability Easy Specific Card #1 Probability and Statistics Expected Value Easy Specific Card #2 Probability and Statistics Combinatorial Analysis Medium Specific Card #3 Probability and Statistics Combinatorial Analysis Medium Spin in Two Regions Probability and Statistics Expected Value Medium Spinner Duel Probability and Statistics General Easy Squares On Chessboard Math Questions General Medium Stock Price Coin Flip Probability and Statistics Combinatorial Analysis Easy Sum of Primes Probability and Statistics Combinatorial Analysis Easy Sum to 3 Probability and Statistics Combinatorial Analysis Medium Sum Until Success Probability and Statistics Expected Value Easy Surprise Headliner Probability and Statistics Conditional Probability Medium System of Weights Math Questions Solving Unknowns Medium Tennis Game Probability and Statistics General Medium The Highest Face Probability and Statistics Expected Value Medium The Intern Did It Probability and Statistics Conditional Probability Easy Throw a 6 #1 Probability and Statistics Expected Value Easy Throw a 6 #2 Probability and Statistics Expected Value Medium Throw a 6 #3 Probability and Statistics Expected Value Hard Throw a 6 #4 Probability and Statistics Expected Value Medium Throw Until Matched Probability and Statistics Expected Value Medium Tic Tac Toe Math Questions General Easy Tie to Win Probability and Statistics Conditional Probability Easy Toy Collection #2 Probability and Statistics Expected Value Easy Transfer 3000 Apples Brain Teasers Logical Hard Triangle on Circle Math Questions General Medium Twice as Likely Probability and Statistics Conditional Probability Medium Two Blue Gumballs Probability and Statistics Conditional Probability Medium Two Consecutive Fives Probability and Statistics Expected Value Medium Two Dice Difference Probability and Statistics Expected Value Easy Two Digit Number Probability and Statistics General Easy Two Rolls Payoff Probability and Statistics Expected Value Easy Unfolded Box Math Questions General Hard Uniform Distribution #2 Probability and Statistics General Medium Uniform Distribution #3 Probability and Statistics General Medium Upstream or Downstream Math Questions General Medium Vacant Room Probability and Statistics Conditional Probability Hard Vega Close to Maturity Derivatives Theory Greeks Easy Vega of a Short Straddle Derivatives Theory Greeks Easy Volatility Surface Derivatives Theory Implied Volatility Hard Warming Spells Probability and Statistics Expected Value Medium Which Die Was It Probability and Statistics Conditional Probability Medium