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Geneva Trading
3.3 of 5 9 reviews
www.geneva-trading.com Chicago, IL Unknown
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Geneva Trading Reviews

Updated May 9, 2013

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3.3 9 reviews

                             

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Robert Creamer


60% of employees recommend this company to a friend
9 employee reviews
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Chicago, IL

Former Employee – worked at Geneva Trading full-time for less than a year

ProsSmall trainee group. Dedicated support network. Great Culture.

ConsPushed us to start trading prematurely in a market that wasn't very good.

Advice to Senior ManagementWould have been cheaper for the company and more mutually beneficial to pay the trainees their small salary for a longer period of training before going live.

Yes, I would recommend this company to a friend

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Chicago, IL

Current Employee – been working at Geneva Trading full-time for less than a year

ProsGreat people at Geneva Trading. Very well rounded individuals that are smart but also very friendly.

ConsSome things are played a little too close to the chest. Too much indirection by management

Advice to Senior ManagementIdentify your edge and focus on it.

Yes, I would recommend this company to a friend

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1 person found this helpful  

Chicago, IL

Current Employee – been working at Geneva Trading

ProsGreat opportunity to start a career in trading
Management is helpful in getting you started
Great work/life balance
Benefits are great

ConsGoals given by management are confusing and conflicting
Fixed costs are expensive
The knowledge that your job is becoming outdated and irrelevant to the success of the firm

Advice to Senior ManagementOutline goals to be more explicit
Update the training and continued learning department to make it actually effective and useful

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2 people found this helpful  

Chicago, IL

Current Employee – been working at Geneva Trading

ProsYou are your own boss. No one really bothers you and you can more or less come and go as you please depending on how you're doing.

ConsIt is eat what you kill so you need to be ready to live on the cheap side if you want to trade for this company. They are a better deal than most prop shops though.

Advice to Senior ManagementKeep up what you are doing but show more concern over the individuals performance and be more hands on with them.

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Chicago, IL

Former Employee – worked at Geneva Trading

ProsGreat environment, great team, great place to work

ConsCrappy benefits and strange pay issues

Advice to Senior ManagementPlease make it rain on me

No, I would not recommend this company to a friend

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Dublin, Dublin (Ireland)

Former Employee – worked at Geneva Trading full-time for less than a year

ProsGood trainee trader program where you learn detailed technical analysis.
Average starting salary to help through the learning process
Access to senior trader

ConsTo much emphasis on scalping during the trainee phase. More time spent shadowing senior traders would be more worthwhile. Ruthless when you hit a losing steak.

Advice to Senior ManagementLess scalping, more long term trading strategy. Encourage more collaborative approach to trading and strategies among the traders to help foster new ideas and innovation.

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Former Employee – worked at Geneva Trading full-time for less than a year

ProsI really enjoyed the thrill of trading. There really is a flat structure and the atmosphere is really relaxed. You are your own boss. Once you are making money you dont really have to answer to anyone.

ConsThe pay and hours are shocking. Work/life balance.....there is only work, no life. Working hours for me 6:30am to 9:30pm, no lie. Base salary unsustainable.

Everyone is so secretive and there is no collaboration. Help is very difficult to find.

Advice to Senior ManagementHelp people more.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Former Employee – worked at Geneva Trading

ProsThe ownership is great and are easy to get along with. The people that work at Geneva trading are for the most part good people.

ConsThey do not alway provide you with all the information and suport that you need to make the most out of opportunities.

Advice to Senior ManagementI think for the most part they do what they can but it is always best to try and learn from the people around you even if they are below you in job title.

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1 person found this helpful  

Former Employee – worked at Geneva Trading

ProsGreat work environment. Offer very good opportunities for advancement. Management is very approachable and are willing to work with employees if personal life gets out of hand. Friendly and caring people all around.

ConsThere is certainly a separation between administrative staff and traders. Expanded in certain directions a little too fast. Not enough expansion in areas that could be beneficial for the company.

Advice to Senior ManagementOverall, the management does a great job with all of the employees. It doesn't come as a surprise that there is going to be some conflict when the business model that helped it survive and grow in its infancy has to shift to compete in the market now.

Yes, I would recommend this company to a friend

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