FlexTrade Systems Inc.

  www.flextrade.com
  www.flextrade.com
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FlexTrade Systems Inc. Reviews

Updated August 8, 2014
Updated August 8, 2014
20 Reviews
3.2
20 Reviews
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FlexTrade Systems Inc. President Vijay Kedia
Vijay Kedia
6 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    good experience for the standard OMS

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

    I have been working at FlexTrade Systems Inc. full-time for more than 3 years

    Pros

    flat organization structure, given the chance to take charge of projects, quite a lot to learn

    Cons

    seems management doesn't put much emphasis in technology advement

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    OK starting place to be exposed Financial Trading systems and Program Trade, better pay and opportunities elsewhere

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

    I have been working at FlexTrade Systems Inc. full-time

    Pros

    Have some smart programmers, good place to start out and learn the trade. Decent pay & bonuses, but must justify salary raises , bonuses and promotions each year with the owner. Well known in industry, well funded, and looks good on resume.

    Cons

    Company is privately owned and help run by family members & close friends(nepotism), even though some are not qualified to hold exec & senior positions. Not much culture or team building, unless you can be a "Yes-man" to upper management. No point bringing up things that's lacking in the company to HR, since they are there to please owner & keep the peace.

    Advice to ManagementAdvice

    Pay to retain top talent and promote Senior Leadership Team(SLT) that are NOT family & friends. This is to show fairness and career advancement with the company. Of course SLT, should have some say & power, not just a title.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Very good company at Junior level

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

    I have been working at FlexTrade Systems Inc. full-time

    Pros

    Flat organization structure, good introduction to financial world.

    Cons

    Growth in skill set stops after 2-3 years of work.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Painful and hopelessly managed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software Developer  in  Great Neck, NY
    Current Employee - Associate Software Developer in Great Neck, NY

    I have been working at FlexTrade Systems Inc. full-time for more than a year

    Pros

    Work is decent if you land in a good team though it quickly gets saturated as the scope of your work is limited

    Cons

    This company is a family owned business, the family will not hesitate to squeeze off the employees until the last penny.Proof is that you have to negotiate with the CEO for all year end compensation revisions.
    Compensation is way less than the market.Negligible perks.Bonus is too low.
    Employment is offered only to those desperate ones who will join at the lowest salary possible.
    Promotion is hard to come by.

    Advice to ManagementAdvice

    Stop just collecting money,start caring for employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 3 people found this helpful  

    Successful company, but terrible practices

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

    I worked at FlexTrade Systems Inc. full-time for more than 3 years

    Pros

    Small company with lots of hats to wear at any given time.
    A huge presence in the industry, and their name on a resume will open doors.

    Cons

    Management is based on nepotism and whims.
    There is not really a structure that supports employee growth.
    Bonuses are based on CEO's feelings rather than reviews.
    Management tends to like docile employees and cannot be challenged in any way.
    They equate presence at your desk as productivity, not actual work.
    Regardless of how much you do, if you are not popular with management, you will not go anywhere.

    Advice to ManagementAdvice

    Learn how to manage people and let them grow. It is better to admit you are wrong and create a great working environment, than insist you are right and bad one. Also, people in management roles should learn how to manage. Just look at your turn around rates...they are rather high.

    Doesn't Recommend
    Positive Outlook
  7. 1 person found this helpful  

    More of a sweat shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Great Neck, NY
    Current Employee - Anonymous Employee in Great Neck, NY

    I have been working at FlexTrade Systems Inc.

    Pros

    Job security is good, exposure to a industry standard trading systems

    Cons

    Client Support developer is mostly overworked,no good work/life balance, work from home not provided for all employees and not encouraged even if provided
    Favoritism from higher level management
    very stressful job, pay not commensurate with work done.
    No great benefits compared to industry
    no career advancement programs

    Advice to ManagementAdvice

    improve benefits, provide more flexibility in work , hire more people

    Doesn't Recommend
  8.  

    Great company as a start-up

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

    I have been working at FlexTrade Systems Inc.

    Pros

    Since it is a small company you get to play a lot of roles. So you get some really good exposure. It is a great company as a start-up. The pay is also competent with other companies and the bonus is also quite good.

    Cons

    Since it is a small company, it is not that renowned. So it will not create a great impression on your resume for the company name. But the work is really good. The people tend to get very serious as soon as they step in the office premises. It would have been fun had it been a little lighter. Colleagues hardly have a chat over coffee or something. The other thing is if you are into some kind of development work, you also have to support it. So you have to be there from 8:30-5:30 even if you do not have any work. And there is no work from home.

    Advice to ManagementAdvice

    Work on making the work culture a little fun. Everyone is very serious all the time.

  9.  

    Good initially. Average over time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer  in  Pune (India)
    Current Employee - Software Developer in Pune (India)

    I have been working at FlexTrade Systems Inc. full-time for more than a year

    Pros

    Plenty of opportunity to learn.
    Interesting work if provided.
    Pleasant work culture and colleagues.

    Cons

    Opaque Management.
    Resource misutilization.
    Unevenly distributed salaries.

    Advice to ManagementAdvice

    Please revise how you manage the resources based on their strengths, weaknesses and most of all interest. If an employee is interested in a certain field, provide ample opportunities for him to learn, only self-learning would not suffice. Keeping all these things in mind, allot work so that it is not a headache but an enjoyable experience which would mutually benefit both the firm and the individual and might also reduce the attrittion rate.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    Exciting Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software Developer  in  Pune (India)
    Current Employee - Associate Software Developer in Pune (India)

    I have been working at FlexTrade Systems Inc. full-time for less than a year

    Pros

    Get to meet and work with giants from the world of financial trading.
    Flat organisational structure with great advancement opportunities for initial 2-3 years.
    Transparent management policies and friendly senior staff.

    Cons

    Client support in India tends to become really strenuous
    Personal growth opportunities tend to decrease after 2-3 years. They are limited to more senior personnel and thus, advancement stops.
    Technology advancement is at a relative standstill

    Advice to ManagementAdvice

    More importance to work-life balance
    should allow employees to take on more responsibilities rather than limit them to senior personnel

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Satisfactory experince

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

    I have been working at FlexTrade Systems Inc. full-time for more than 3 years

    Pros

    Less work pressure,decent remuneration.Client interaction experience. Most.Most of the projects are handled individually hence experience to work in an autonomous manner.Less politics compared to other companies.

    Cons

    Lack of career progression.Most people stay in their current roles and hence moving up the ladder is impossible.Technical expertise cannot be developed compared to domain level.Low to very less team interaction/bonding.

    Recommends
    Neutral Outlook
    No opinion of CEO

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