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Internal cutthroat activities and undercutting ahead of cross-selling and partnerships.

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

I have been working at Newedge

Pros

The largest FCM by volume and customer funds on deposit.

Cons

Different divisions are competing against each other for the same business instead of working together. Thin margins to hires since the merger and high payouts to complacent legacy colleagues.

Advice to ManagementAdvice

Standardize all employee contracts and make the company profitable in a low-rate environment. Nickel clearing business does not pay when rates and volumes drop.

114 Other Employee Reviews for Newedge (View Most Recent)

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  1.  

    Newedge LLC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior VOIP Engineering  in  Chicago, IL
    Former Employee - Senior VOIP Engineering in Chicago, IL

    I worked at Newedge

    Pros

    Good team. managers are good to work with...

    Cons

    Ownership by French company ...they have the attitude that they are the beat...the US team has nothing to offer...

  2.  

    Great Summer Internship Opportunity

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

    I have been working at Newedge

    Pros

    The pay is very reasonable for interns. If you are outgoing Newedge is a great place to network with professionals to land a post-graduation job.

    Cons

    The environment isn't the most professional that I have experienced. It is also easy to recognize faults in multiple lines of communication within the company.

    Advice to ManagementAdvice

    The internship program could use a little bit more structure in the future. I would suggest organizing one or two intern events throughout the summer so that interns can share experiences.

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