Drw Holdings Quantitative Analyst interview: probability, Fermi questions, and a market-making game

Drw Holdings·Quantitative Analyst·Reported Nov 2025
Online AssessmentOtherRejectedMedium

My process started with an online assessment and then moved to a video interview. The OA felt manageable compared with some of the harsher versions I'd heard about. It covered linear algebra and probability, and the live interview extended those topics into more traditional quant reasoning.

The interview included expected value and basic probability questions, a few Fermi-style problems, and some game theory-style thinking. The interviewer gave me very encouraging feedback during the conversation, which surprised me because I was still nervous about whether I had the intuition they wanted. I was also asked questions that connected the math to practical situations.

Later in the process, I had a trader-style interview focused on probability, projects, and my CV, including a market-making game. There were a couple of other technical threads, such as how confidence intervals relate to variance and more expected value reasoning, but the experience didn't feel adversarial.

I eventually received a rejection even though the feedback during the quant conversation had felt strong. I found that reassuring in the moment, since I was guided through the problem-solving, but frustrating afterward because that performance didn't lead to an offer.

Location: United States. Overall feedback: Neutral. Offer status: No offer.

Published

Curated and edited by PracHub

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Interview at a glance

Company
Drw Holdings
Role
Quantitative Analyst
Rounds
Online Assessment → Other
Outcome
Rejected
Difficulty
Medium
Date
Reported Nov 2025

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