Consolidated Trading

  www.consolidatedtrading.com
  www.consolidatedtrading.com

Consolidated Trading Reviews

Updated December 15, 2014
Updated December 15, 2014
12 Reviews
2.7
12 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Colby Lamberson
3 Ratings

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Take reviews with a grain of salt.

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

    I have been working at Consolidated Trading full-time (more than 3 years)

    Pros

    I had to post because I honestly have no clue what the review from Oct 9th 2014 is talking about. I'm of the opinion that review sites generally tend to slide towards people that have gotten fired and want to burn up about it online. Horrible work life balance? We're one of the only industries that you go home when the market closes... for some people that's 12:30pm and for some people that's 3:30pm. If you can't have a life outside of that, good luck finding a job with any other company in an other industry that meets your demands. Threatening and disrespectful culture? I admit, at time the work is stressful, but again... it's trading. It's a given that sometimes people are going to get a little more pushy when they're down a couple million bucks. If you can't stand the heat, get out of the kitchen. Bad benefits? Try fully funded life, dental and health insurance for you AND your family. The co-pays are minimal, and you have one of the most comprehensive buy-up options of any firm I've ever worked for. I have to say that any technology review that has been posted has to be by people that aren't making an effort to remain relevant themselves to the workplace. Many people in the firm are making serious money... would they be able to do that with irrelevant technology?

    Cons

    Biggest cons are related to the quick growth of the company. Since the company grew so quickly, I can sense the growing pains with trying to figure out who is good at what, and capitalizing on their strengths while supporting their weaknesses.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Trader Assistant Review: view from my first six months

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trading Assistant in Chicago, IL
    Current Employee - Trading Assistant in Chicago, IL

    I have been working at Consolidated Trading full-time (less than an year)

    Pros

    - Very good internship and Jr. Trading program with many learning opportunities. Lots of exposure to experienced traders.
    - The firm seems to have many teams that are doing quite well.
    - Friendly traders
    - Free lunch every day
    - Six monitors and 12-core desktop for each intern. Good intern events

    Cons

    - it is sometimes tough to get your ideas implemented as IT resources are limited especially when something is experimental in nature.
    - heavily reliant on some core infrastructure and technology. This has led to having to design solution based on existing setup. It can be frustrating at times

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    More Flexibility and Trading Opportunities!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at Consolidated Trading full-time (more than 10 years)

    Pros

    Traders get very early opportunities to trade and take on a lot of responsibility -- a great way to learn on the job while still getting guidance. The senior traders and owners of the firm are always accessible. Traders are given a lot of flexibility to trade, which can result in more profitability and a higher bonus. There aren’t restrictions – anyone at Consolidated can make as much money as they want if they are good and willing to put in the work. Amazing opportunity!

    Cons

    The IT staff is small relative to other heavy IT firms, but they are continuously growing the IT group with good developers.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Pitiful technology and management, even worse culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trader in Chicago, IL
    Current Employee - Trader in Chicago, IL

    I have been working at Consolidated Trading full-time (more than an year)

    Pros

    The firm will let you take on considerable risk, so you have the chance to get a big bonus if it pays off.

    Cons

    Horrible work life balance, threatening and disrespectful culture, zero consistency managing positions between different products, bad benefits, minimal PTO that employees are discouraged from taking. Technology at this firm is either weak or nonexistent, and it's not even close to catching up with competitors.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 3 people found this helpful  

    pretty good, cool people, good culture

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Consolidated Trading

    Pros

    people are willing to help, flat structure, have a lot of flexibility, a great place to learn.

    Cons

    have decent technology for support

  7.  

    Far Behind Competitors

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

    I have been working at Consolidated Trading full-time

    Pros

    Well diversified in terms of products. Steep learning curve. Excellent location. Relatively short hours and ok health insurance coverage. Responsibility grows quickly. Lunch provided every day.

    Cons

    Virulent and threatening environment. Poor career development opportunities. Quick to fire employees. Glaring technology deficiency and over-reliance on third party vendors. No internal investment research or strategy group. Minimal investment in technology going forward; on the verge of being crushed by more technologically sophisticated firms.

    Doesn't Recommend
    Negative Outlook
  8. 2 people found this helpful  

    Worst Company EVER!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at Consolidated Trading full-time (more than 3 years)

    Pros

    Free food morning and lunch, lollapalloza, free classes

    Cons

    Terrible arrogant management, small bonuses, the bosses bully their employees and treat them terribly

    Advice to ManagementAdvice

    the other reviewer is correct! They wouldn't listen anyway!

    Doesn't Recommend
  9. 4 people found this helpful  

    ok

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

    I have been working at Consolidated Trading

    Pros

    lots of freedom and responsibility

    Cons

    no structure , low split, lack of technology

    Recommends
    Positive Outlook
  10. 3 people found this helpful  

    Decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Consolidated Trading full-time (more than 3 years)

    Pros

    Very good benefits: daily lunch allowance, fruit or muffins in the morning, stocked fridge with beverages. 401k, decent health, bonus structure

    Cons

    Upper management is a little technically challenged. Focused way too much on test scores than actual talent. Don't really know how to identify skills.

    Advice to ManagementAdvice

    No advice. They would not listen anyway!

    Doesn't Recommend
    Neutral Outlook
  11. 3 people found this helpful  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Consolidated Trading as an intern (less than an year)

    Pros

    Heart of the city, possibility to learn the market, younger crowd of people

    Cons

    THey play favorites with the interns and will treat you accordingly

    Advice to ManagementAdvice

    Organize the responsibilities and expectations of interns more clearly

    Doesn't Recommend
    Neutral Outlook

Work at Consolidated Trading? Share Your Experiences

Consolidated Trading

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.