Very bad management and culture - Trader AllOptions Employee Review

1.0
16 Jan 2023
Recommend
CEO approval
Business outlook

Pros

The catered food is decent

Cons

The firm has a very bad culture going on. Although they advertise to the world that they have a collaborative culture and growth mindset, the real story is completely different. The company pays a puny base and much Lower bonuses than their competitors ( who crush all options in this game) and expects that employees will be happy. The next point is about growth. "The company strives to grow but slowly, because aggressive growth is not good" - quoting the CEO. This is stupidity because if you have the capacity to run it makes no sense to crawl let alone walk. Then their is the junior trader program which is a joke. I should know, I was a part of it. They would say that they are not like their competitors and they hire to retain, where more than 50% of new traders are fired citing the reason "you are not a trader". This is again pointless. In my experience and in my talks with other traders working for firms like optiver etc, it is clear that anybody can be a trader provided the person is motivated enough and quality guidance is imparted. So stop playing with Young grads careers like this. All this is leading to toxic culture in the firm which is reflected on the PnL too. And hence low bonuses.

Explore other reviews about AllOptions

5.0
29 May 2026
Recommend
CEO approval
Business outlook

Pros

Collaborative, amazing environment, alot of growth opportunities.

Cons

Not the deepest tech stack

5.0
14 May 2025
Recommend
CEO approval
Business outlook

Pros

Things are going really well – I have seen (and contributed to) the firm going through a lot of improvement over my tenure in all possible aspects. Many exciting new initiatives are lined up on the horizon. I strongly believe in this business, in its growth plans, and in the ability of my colleagues and me to realize that growth and make a lot of money together.

Cons

Working at a growing company means that not everything is always fully enterprise grade yet – applies to hardware, software and trading alike. However, the plus side of that is that if you take up the challenge and successfully build things out, you learn a lot and you can have rapid career progression.

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