Group One Trading Jobs & Careers

Hiring? Post a Job

Show:  All Results Last 7 Days
19 days ago

Trading Applications Developer

Group One Trading New York, NY +2 locations

The system has enough variety to challenge and interest anyone an information-dense user interface, a high-throughput, low latency parallel… Ivy Exec


19 days ago

News and Research Analyst - New York, New York - Internship

Group One Trading New York, NY

The News and Research Analyst Intern will be responsible for assisting the Director of News and Research with various day to day operations and… Glassdoor


18 hrs ago

Business Intelligence / SQL / SSRS Intern – new

Group One Trading New York, NY

will span a variety of programming, data analysis, and reporting projects. These tasks will primarily be adding new features or troubleshooting SQL… Glassdoor


5 days ago

Trading Applications Developer - New York - Full Time

Group One Trading New York, NY

We are a group of software developers, quality assurance engineers and project managers that provide a trading platform for our in-house trading… Glassdoor


Group One Trading Reviews

20 Reviews
3.5
20 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Benjamin Londergan
7 Ratings
  1.  

    The Best Job I've Ever Had!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Administrator
    Current Employee - Systems Administrator

    I have been working at Group One Trading full-time for more than 8 years

    Pros

    I am approaching my ten year anniversary at Group One Trading. This small privately held company has given me the best job I've ever had of the 16 jobs I've held in my life.

    The experience you will have at Group One depends directly on your own ability to produce useful results for the company, and the department you work in. This is not a place that wastes time in endless meetings, or where schmoozing and politics are the main way to get ahead. This company is for people who are self-motivated high achievers and measure their results in dollars, not hours worked.

    There are many departments at Group One, and your impression of the company will depend on the type of position you have. (Each department will have its own pluses and minuses.) As someone in the Computer / IT area of the company, our day can start earlier than everyone else, and end later, depending on how the systems are behaving. Management knows this, and- unlike other companies- doesn't make you work an 8 hour shift followed by having to do late night maintenance, and then get up early and start all over again. They treat you like a human, not a machine. Most other positions at this company do not have an out of market hour requirement, and their hours are correspondingly shorter.

    The company is fast paced, professional, and the focus is on the business and what is needed to get the job done. Their compensation and benefits are competitive with industry standards. As can be expected in a trading company, Traders take on the most risk, and can earn the most compensation.

    If you've had other jobs to compare this to, you will be shocked at how little overhead there is in activities that are time wasters. The amount of management used is the amount needed to ensure the company is working efficiently and no more. No one will be breathing down your neck as long as you are producing results.

    These working conditions generally mean that co-workers are enthusiastic about their jobs, and most employees feel fortunate to be employed here. Employees are lively, colorful, and fun to be around. We all work as a team.

    When it comes to reviewing any company, we can only speak from our own personal experience. For me, I have found the company to be kind, generous, caring, and fun to work for. It's been the best, most productive time of my life. I truly feel indebted for the opportunity. I have been treated with the utmost respect, rewarded for my efforts, and shown kindness by the company at every turn. I feel obligated to defend it against some of the harsh reviews that seem to unfairly portray the company in an overly negative light. Most of those reviews are by former employees, and most people aren't very positive when things don't work out their way.

    Working for a trading company is volatile, exciting, and like driving a high performance sports car. You won't know how great it is until you are behind the wheel. You can only appreciate it superficially from the outside. You have to try it to fully understand it.

    Cons

    This is not the kiddie bowling alley. If you keep throwing gutter balls, there aren't rubber bumpers and do-overs. Your mistakes can easily cost the firm huge sums of money, and you could lose your job, or prevent your career from advancing further. This is perfectly fair, and perfectly scary at the same time. Trader Trainees have it the worst, and you will see that in the other reviews. Put yourself in the firm's position-
    Are you going to give your money to someone else to trade for you if you aren't fully confident in their abilities?
    As such, it is the duty of the company to only select the best when it comes to advancing trainees, and that unfortunately means that not everyone is selected to advance. No process is perfect, and rejection always feels personal. It's the company's obligation to shake out candidates early in the process to minimize potential losses. There must be confidence and trust on both sides of the table.

    If you are looking for a large corporation where you can disappear into the shadows and be anonymous, this isn't it.

    As with any trading company, market volatility, which is out of your control, can have a big effect on your paycheck. If you're a hand wringer, this may not be your best choice.

    Recommends
    Positive Outlook
    Approves of CEO