1.0
23 Dec 2021
Former employee, more than 1 year
Chicago, IL
Recommend
CEO approval
Business outlook
Pros
- Talented individual traders - Fun parties + happy hours - Some great managers - Good training program
Cons
Compensation + Fees - Salary + pnl payout well below market rate - IP theft by PM and not being paid for profitable ideas - Opaque discretionary pnl payout, i.e. bonus unknown until December - Unreasonably high desk fees + tech costs Structural Issues - Outdated tech - Low collaboration + silo'd infrastructure - Poor management within some trading desks - High turnover