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IMC Trading Interview Guide

Tier 2 Market Maker
HQ: Amsterdam / Chicago

IMC is a global market maker with a strong presence in Chicago. Known for its intense "Cluster Game" simulation and friendly but competitive culture.


At a Glance

Compensation

Intern: $15k/month
New Grad: $200k - $300k TC

Interviews

Focus: Probability, Combinatorics, Logic Puzzles.

Tech Stack

Core: C++ / Java (Legacy), Python.
Style: Collaborative, Iterative improvement.

The Interview Process

  1. Online Assessment (OA):Includes probability questions (Expectation) and logic puzzles.
  2. Video Interview (HireVue): Automated questions on motivation and basic math.
  3. Phone Screen (Technical):"What is the probability of rolling a 6 given..." "Code a function to check for balanced parentheses."
  4. Onsite (The Cluster Game):A simulated trading floor game. You are given cards (Value unknown) and must trade with other candidates. The goal is to end up with the most profit.
    Tip: Don't just sit there. Make markets! Be loud!

Sample Questions

Probability: The Ants

Three ants are on the vertices of an equilateral triangle. Each ant randomly picks a direction and starts walking along the edge.
What is the probability that they do not collide?
(Hint: They must all go CW or all go CCW. 2 scenarios / 8 total = 1/4).