Geneva Trading

  www.geneva-trading.com
  www.geneva-trading.com
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Geneva Trading Reviews

Updated March 26, 2014
Updated March 26, 2014
10 Reviews
3.4
10 Reviews
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Robert Creamer
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Employee Reviews

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  1.  

    Great company to work for

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

    I worked at Geneva Trading full-time for less than a year

    Pros

    Small trainee group. Dedicated support network. Great Culture.

    Cons

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

    Advice to ManagementAdvice

    Would 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.

    Recommends
    Neutral Outlook
  2.  

    Great people, poor direction

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

    I have been working at Geneva Trading full-time for less than a year

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Identify your edge and focus on it.

    Recommends
    Neutral Outlook
  3. 1 person found this helpful  

    Trader at Geneva Trading, LLC

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

    I have been working at Geneva Trading

    Pros

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

    Cons

    Goals 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    The knowledge that your job is becoming outdated and irrelevant to the success of the firm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 ManagementAdvice

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

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  5. 2 people found this helpful  

    Geneva

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

    I have been working at Geneva Trading

    Pros

    You 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.

    Cons

    It 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 ManagementAdvice

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

  6. 1 person found this helpful  

    Intersting Place to work

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

    I worked at Geneva Trading

    Pros

    Great environment, great team, great place to work

    Cons

    Crappy benefits and strange pay issues

    Advice to ManagementAdvice

    Please make it rain on me

    Doesn't Recommend
  7.  

    Great experience, great people, great lifestyle if you can make it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trainee Trader  in  Dublin, Dublin (Ireland)
    Former Employee - Trainee Trader in Dublin, Dublin (Ireland)

    I worked at Geneva Trading as an intern for less than a year

    Pros

    If you become successful winning/earning trader. This job is one of the best out there with the exception of being a professional athlete or poker pro.
    You can get to be your own boss. The majority of the people working there are nice guys and will help you along the way provided you ask and are social.
    If you make it as a trader, there is no cap on your income. So incentive is huge in a place like this. You will know what is happening everywhere in the world as it happens as you are constantly tuned into live feeds and you probably never buy a newspaper again!

    Cons

    There is no doubt about it that being a trader is stressful at times. Hours can be long-but anyone afraid of putting in long hours should probably consider another vocation. Losing money can suck, and being limit down can suck more. (Limit down means that you have breached the maximum loss for that particular trading session). Always having to be alert even when you are not trading.
    Pressure to be a consistent winning trader as apart from your own living expenses you need to earn enough during a month in order to pay for your trading desk and transaction costs attached to all the trades you have made for that month( referred to as round turn costs by traders).

    Advice to ManagementAdvice

    Management have an extremely difficult job. They have to judge and take shots at trainee traders in that they could be successful. Even if a trainee trader is performing well on the simulator that does not mean that they will be successful if they are trading with live funds.
    My advice to management would be to emphasize the importance of trading intelligently and with discipline and giving constructive criticism and praise where its due.
    Also, getting to know the trainee traders on a personal level is important in understanding how they think.

    Recommends
    Neutral Outlook
  8.  

    Trainee Trader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trainee Trader  in  Dublin, Dublin (Ireland)
    Former Employee - Trainee Trader in Dublin, Dublin (Ireland)

    I worked at Geneva Trading full-time for less than a year

    Pros

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

    Cons

    To 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 ManagementAdvice

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

  9. 1 person found this helpful  

    Enjoyed the job but salary unsustainable

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

    I worked at Geneva Trading full-time for less than a year

    Pros

    I 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.

    Cons

    The 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 ManagementAdvice

    Help people more.

    Doesn't Recommend
    Negative Outlook
  10. 2 people found this helpful  

    It was an overall good exerience

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

    I worked at Geneva Trading

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    I 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.

  11. 1 person found this helpful  

    Competitive but fair

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

    I worked at Geneva Trading

    Pros

    Great 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.

    Cons

    There 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 ManagementAdvice

    Overall, 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.

    Recommends

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