1,000+ quant interview questions for Jane Street, Citadel, Two Sigma, DE Shaw, and other top quantitative finance firms.
Statistical analysis and quantitative modeling problems
Trading MCQs, probability brainteasers, and market scenarios
Practice quant interview questions on MyntBit - the all-in-one quant learning platform. Free questions available for C++ coding, Python problems, probability brainteasers, and trading MCQs.
Difficulty: Hard
Category: Brainteasers
Practice quant interview questions from top firms including Jane Street, Citadel, Two Sigma, DE Shaw, and other leading quantitative finance companies.
Topics: forward-rate-agreement, interest-rates, quantitative-finance, arbitrage
You are a trader evaluating a Forward Rate Agreement (FRA). The current spot rate for a 1-year maturity is 2% and the current spot rate for a 2-year maturity is 3%. Assume annual compounding. What is the approximate 1-year forward rate, 1 year from today (the 1y-1y forward rate)? Remember to think about how forward rates are derived from spot rates and the relationship between them.
Practice this hard trader interview question on Myntbit - the all-in-one quant learning platform with 1000+ quant interview questions for Jane Street, Citadel, Two Sigma, and other top quantitative finance firms.