DRW Trading Reviews

Updated April 12, 2015
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3.3
29 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
DRW Trading Founder & CEO Donald R. Wilson, Jr.
Donald R. Wilson, Jr.
15 Ratings

Employee Reviews

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  1. Helpful (2)

    Good fun experiance

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at DRW Trading

    Pros

    Great training, lots of intelligent people working around you, high pace, great work environment

    Cons

    this company expects you to work long hours for them and they require am intern course.

  2. trader

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

    I worked at DRW Trading full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    pay is good hard to beat

    Cons

    long hours and constant pressure

  3. very political place

    • 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 DRW Trading full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    free breakfast, lunch, flexible working hours for backoffice positions, very bright office environment, yoga, health insurance, etc. benefits

    Cons

    a lot of behind-the-door conversation, minimal collaboration between different groups, very hierarchical corporate structure, extremly high turn-over rate for fresh graduates

    Advice to Management

    treat people with 2 hops nicer, don't just listen to your direct reports and trust everything they say.

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  5. Good place to work, but make sure you want to work here

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

    I worked at DRW Trading full-time (Less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great benefits, good employees, good pay structure to start, good training

    Cons

    they put an emphasis on education and it's only for the first 5 weeks. traders often leave early or are hard to talk to. you really have to make it on your own. They are still developing traders as if its the 90s or the 2000s. Didn't really see much room to grow.

    Advice to Management

    Cut the fat, don't hire people you don't need. And train your new hires, you're just recruiting talent, training them to the minimum and watching a lot of them leave.

  6. Walk to Talk

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

    I worked at DRW Trading as a contractor (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Free lunch, massages, wine tasting, activities

    Cons

    They have a facade from how they really treat the people they work with. Their vendors are especially subjected to taking a reduced fee just to get paid, even though their is a contract for services. I have experienced many situations where they did not pay their vendors for services rendered. They have a macho attitude...hey were rich sue us.

    Advice to Management

    Think back on the service providers you stiffed and make right on your contracts. It is peanuts to Mr. Wilson. You might be on the top of the mountain now but everyone can fall. Have some humility for when you do not pay for service you received you take from hard working people with children to feed. Not everyone is a big time trader. Don't act like your real people, down to earth. How low will a company stoop to not pay a single mom consultant raising children on her own? I witnessed all the work that was done on your companies behalf. I have run into the vendor you did not pay several times over the past year.
    Mr. Wilson, you need to walk to talk.

  7. Helpful (2)

    Great place to work

    Current Employee - Software Engineering in Chicago, IL
    Current Employee - Software Engineering in Chicago, IL

    I have been working at DRW Trading full-time (More than a year)

    Pros

    Great compensation, nice perks and benefits. Job is extremely fast-paced, organisation is quite meritocratic. No-BS mentality. Some of the people are extremely smart but not all. Most people are street-smart rather than book smart.

    Cons

    Very hard work, minimal collaboration between groups, occasionally this leads to issues / conflicts, but nothing serious. Really very few cons. Company lacks a strong quantitative culture, it retains the old floor trading mentality although the quality of software engineers is very high.

    Advice to Management

    Generally a good place to work, work harder to attract quantitative talent.

  8. Helpful (2)

    Great business people, political IT managers

    • 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 DRW Trading full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good benefits, game room, decent pay

    Cons

    some IT managers do nothing but politics

    Advice to Management

    do some weeding and the company will be much better

  9. Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trading Intern in New York, NY
    Current Employee - Trading Intern in New York, NY

    I have been working at DRW Trading full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work life balance and good compensation

    Cons

    Some of the people were arrogant

  10. Helpful (1)

    World class prop shop that does a lot to take care of the people that work there.

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

    I worked at DRW Trading full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It's competitive and people in every area are held accountable for their individual and team/desk performance. So if you're looking for an easy job where you don't have to try, this isn't the place. But if you want to work hard and grow quickly, DRW is great.

    Cons

    It's a trading company. So, there's a lot of machismo and it's a bit of a drinking (after work) culture, but there are some women traders/quants/software engineers/IT and

    Advice to Management

    Build a more substantial training and cross-training program.

  11. Helpful (1)

    Overall a good company

    • 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 DRW Trading full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Free lunch and breakfast, massages, lots of company events

    Cons

    Overstaffed in some areas, lack of internal mobility

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