Vantaggi
* Incredibly talented people working in every part of the business. * World class training program and training environment. * Continuous learning as a core principle is embodied by everyone. Iterative improvement over time. * Global diversification of profit pool - shared success as a firm (Although FAR too diplomatic in this approach). *Incredible tooling and application development. *Mastery of trading acumen and performance in the core asset classes. *Opportunities to work across the globe. *Opportunities in various asset classes for longer term growth. *Top tier new offices and facilities. *Rapid early and mid-career growth opportunities for high achievers.
Svantaggi
*Pay has deprecated from top of market to mid-market in US. *Top heavy. So much of profit pool has been diluted away from trading to non-trading or trading management. *Lack of agency to individual PnL. Shockingly low beta to desk or individual performance. *VERY entrenched seniors. *Inertia slowing adaption of new opportunities globally. *Perverse incentive structure for the 'best traders' to become non-trading managers. *A small group of managers are the only voices heard by management. Where they wield all of the power and make all of the decisions.