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DRW

Prop / Market Maker · Multi-asset proprietary trading · Chicago

A quantitative challenge from home gates the process; then probability-heavy rounds and a trading simulation across asset classes.

Difficulty: ●●●●●

DRW trades options, fixed income, energy, and crypto with its own capital. The online 'quantitative challenge', mental math, probability, and market knowledge, is the early filter (advance rate ~25–30%, unofficial).

Traders should be conversant across asset classes; the superday includes a Python coding challenge and a trading simulation.

Roles they hire

Quant Trading Analyst · Quant Researcher · Quant Developer

Interview processas publicly reported

  1. 1

    Online quantitative challenge

    Traders: ~60–75 min of mental math, probability, and market knowledge. Engineers: ~90 min, 2 HackerRank problems.

  2. 2

    Video screen

    ~45 min: probability & statistics for traders (Bayes, Markov chains, EV, combinatorics) plus fit; live coding for engineers.

  3. 3

    Onsite superday

    ~4–6 interviews. Traders get a Python coding challenge plus a trading simulation, and technical/behavioral rounds.

What they test

Mental Math →Probability →Statistics →Market Making →

Prep tips

  • ▸Master EV coin/dice games, Markov chains, and combinatorics, they recur in both the OA and the video round.
  • ▸Be conversant across asset classes (options Greeks, rates/yield curves, crypto), which DRW favors.

India recruiting

No dedicated DRW India office surfaced (hubs: Chicago, NY, London, Amsterdam, Singapore, Tel Aviv). No evidence of Indian-campus recruiting.

Sources

Interview processes change and vary by role, office, and year. This guide reflects publicly reported experiences and is not affiliated with DRW.

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