There are newer employer reviews for Interactive Brokers
There are newer employer reviews for Interactive Brokers

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Exciting but lack of proper supervision

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Financial Trader in Dhaka (Bangladesh)
Former Employee - Financial Trader in Dhaka (Bangladesh)

Pros

- Opportunity to trade in foreign financial market and learn about the market practically. - Opportunity to learn technical analysis by applying it in real situation. - Management gave ample opportunity to prepare for real trading by trading simulation

Cons

- Only two person in the firm have real trading experience. - Do not have a knowledgeable and experienced supervisor for new traders. - Failed to give a proper guideline to the new trader for example: what is expected to them after the end of a day or month.

Advice to Management

- Should appoint a supervisor who have real trading experience. - Should have more trading style in the firm to accommodate different people with different qualification. For example: A person who have proper training and motivation to trade by proper analysis should have the independence to trade coming out of the limitation of "day trading style"

Other Employee Reviews for Interactive Brokers

  1. Helpful (2)

    stable company hedged against turbulent downside but chronically running out of new ideas

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Disapproves of CEO

    Pros

    financially hedged against market turbulence because the nature of market making and brokerage business. Almost no politics. Everyone works hard. Manager is fair and straight in compensation.

    Cons

    Innovations from ground level employees are not encouraged. The only people that are eligible to do "thinking" are the few biggest shots at top management level. No communications, no incentive for cooperations. Lots of redundant and subpar work. Fetish with cost reduction and execution efficiency: penny-wise and dollar-foolish. Zero attention to employee's career development. No job title, no visibility in the profession circle. They want you to forever work there, which means slow death if the word 'ambition' still sounds good to you.

    Advice to Management

    Take a breath, put away petty meaningless product 'features', do some visionary thinking. Otherwise IB will be forever stuck with a 'low-cost' brainless muscle executor image. Well, not really 'forever', because labors in US is still lofty and competitors from around globe will catch up, just look at what happened to Timberhill's steady decline.


  2. don't work here if you want to be a real developer

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer
    Current Employee - Developer
    Doesn't Recommend
    Disapproves of CEO

    Pros

    pay is not bad. working hours is OK. good location.

    Cons

    1, You don't feel like a developer working there, just a typist. Micro management detailed to the level that you don't have to have a brain working there, two hands are enough. 2, Cryptic culture. Developers are often given projects without knowing what's is really for. 3, The culture is formed in such a way that people do not talk to each other, they sit at their desk eating their lunch quietly ... day after day.

    Advice to Management

    In addition to money, try to be nice to you employees, do not just pretend to.


There are newer employer reviews for Interactive Brokers
There are newer employer reviews for Interactive Brokers

See Most Recent

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