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In-game sports trading is a common trading-interview exercise. The interviewer follows a game with you and prices numbers that have not settled yet, such as total points or the margin, and grades how quickly you re-price as the game moves.
This game drills the taking side. A simulated basketball game runs in 3, 5 or 8 real minutes while a desk quotes four markets a little behind the game, so after a run or news its price trails fair value and you take the edge. After each game a trade blotter shows the fair value and edge on every trade, plus the biggest edges you left alone.
A live exercise built on a game both sides can follow, often basketball. Either you quote a bid and an ask on a number like total points, or the interviewer quotes and you decide what to trade. Both test whether you can track fair value from the score, the pace and the clock, and re-price fast.
Market makers such as SIG, Optiver and IMC run live market exercises in trading interviews, and a sports game is a common setting for them. The format varies by firm and by round.
A simulated 48-minute basketball game runs in a few real minutes while a desk quotes the game total, the home margin, the home total and the quarter total. The desk prices from a few seconds ago, so after a run or news its quote trails fair value. You buy at the ask or sell at the bid, up to 10 lots a market, and everything settles on the real score.
There is a free sample run: a full game in 90 seconds at Medium, scored out of 100 with a trade-by-trade review. Full-length games on every difficulty are part of QuantVault Pro.