Culture of yelling - Recensione dipendente - Trader presso Chopper Trading

1,0
11 set 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

They provide an occasional meal. The healthcare is good.

Svantaggi

Your learning will stop after about 1 month on the job. The trading strategy they employ is basic and is completely dependent on a proprietary tool which is very buggy. No transferable skills here. Communication is done via yelling. When the same strategy that they execute every day performs poorly, the CEO explodes at the traders who then scream at the trading assistants. This is essentially the only feedback that you receive on the trading side. It's expected that you have to tolerate the abuse and somehow improve from the yelling. Trading assistants work 65 hours per week on a night shift for low pay. Then they graduate to day trading and still get poorly compensated except for the superstars. There is not much collaboration/sharing for fear of losing your income source. Employees often argue about petty daily PnL fluctuations instead of focusing on developing more successful strategies.

Esplora altre recensioni su Chopper Trading

5,0
21 lug 2022
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Room to grow, collaborative, inclusive

Svantaggi

long hours,,, long hours! overnights required

5,0
6 lug 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The owner of the company was extremely loyal to his employees. The company had the feel of a small family-run business. Chopper had a significant presence in the several markets prior to its acquisition by DRW. Chopper was in some trades that required a tremendous investment in infrastructure that a small company was not able to handle. However, the caliber to the traders, software developers, and network engineers was top notch. The interview process was extensive and the bar was set high.

Svantaggi

They were a little over-aggressive with security policies. The development environment was air-gapped from the internet, which made some types of work difficult. This probably also led to less open-source adoption and incorporation of best practices from the industry. There were certain internal, auxiliary projects where it would have been better to allocate resource differently.

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