Questions / Quant trading, Numerical judgment
A fill-rate ranking that flips
What is strategy A’s overall observed fill rate, in percent?
Answer it in the app It's free. You get hints, a second try if you miss, and a follow-up question.
Show the answer and worked solution
Answer: 82.73%
- A filled 90 + 1 = 91 orders.
- Out of 100 + 10 = 110.
- 91/110 ≈ 82.7%, against B’s 50%.
Interview shortcut. Pooled: (90 + 1)/(100 + 10).
Takeaway. Overall rates depend on the order mix.
In the app this has a follow-up where one thing about the setup changes. Try the follow-up.