Quant case studies, worked step by step

Cases
100
Traced to a firm
43
Topics
11
Hard
30
Topic
All topicsSignal research and data tasks10Options and volatility trading10Market-making games14Portfolio construction10Strategy evaluation and backtests9Execution and market microstructure8Fixed income and credit8Regression and model review8Risk measurement and limits9Statistical arbitrage and event trades8Position sizing and bankroll6
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–2 of 2 · filtered from 100Clear filters
  1. 037In a market on the sum of two dice you sell 3 to interviewer A at 7.5, buy 2 from B at 6.5, sell 4 to A at 7.2 and buy 4 from B at 7.0, at Rs 100 a point. Where is your position, and what is your P and L if it settles at 8?Market-making gamesWarm upOptiverAmsterdam · 2023
  2. 051Five players trade a contract that settles at the sum of ten dice rolled one at a time in public. After four rolls totalling 17, one player bids 38 and another offers 36. What is fair value, and what can you lock in by trading between them?Market-making gamesWarm upDRWNew York · 2026

Company names and figures are illustrative.