The first round was an HR interview. They ask about your previous internship experience, why you chose Optiver, why you chose Trading/Quant, and most of the experiences on your resume. There are also some pressure questions, like digging into the details of a lot of your experiences, the biggest challenge you have faced, and what you think will be the biggest problem you will face after joining Optiver. It really tests whether you are clear in your logic, have a clear goal, are honest, and can think on your feet. One hour.
The second round was technical, online, a market making game that involves a lot of small mental math problems. One hour. Roughly, they give you the odds of a bunch of dice and playing card games and you have to figure out which games are profitable for you.
The third round was also technical, online, a market making game with a lot of small mental math problems again, but this one tests how fluent you are with market making concepts more than the last round. One hour. Roughly, you bet on the sum of the point values of several cards, where each player has their own cards and there are also community cards.
The fourth round was technical + HR, split into two interviews. The technical one is a live trading game, which focuses more on your ability to adjust prices, your mental math, and your logic. The HR one is similar to the first round but focuses more on dissecting your motivation and drive for applying, and the core is to show drive and collaboration. The two interviews might be on the same day or on different days. Each is one hour.
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