ION Trading Reviews

Updated June 28, 2015
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2.7
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Recommend to a friend
Approve of CEO
ION Trading Founder & CEO Andrea Pignataro
Andrea Pignataro
58 Ratings

Pros
  • Understanding bosses - best work life balance (in 7 reviews)

  • Salary is OK but not enough motivating to overshadow all the cons (in 4 reviews)

Cons
  • This makes for a skewed work-life balance (in 8 reviews)

  • Fear Culture, no progression, broken promises, no HR dept (in 9 reviews)

More Pros and Cons

116 Employee Reviews

Sort: Popular Rating Date
  1. There are opportunities if you can wait that long.

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

    I have been working at ION Trading

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

    Pros

    ION has many knowledgeable and friendly people to work with.

    Cons

    The company is disorganized and highly understaffed.

    Advice to Management

    hire more people


  2. Helpful (8)

    Don't make the mistake of signing the offer letter

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

    I worked at ION Trading full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    You have a line on your resume that says you weren't unemployed for a period of time

    Cons

    Not enough pay, long hours, no growth possibilities as they pride themselves on a 'horizontal hierarchy' even though those that have connections to senior management seem to get their pay and positions revised on a constant basis.

    People should be prepared to do the same thing as a job (not career) for years on end with no possibility or discussion of moving ahead

    Company prides itself on providing quality software when there's no cross product integration leading to awkward conversations with clients who question the product (whilst paying premium euros for it)

    Advice to Management

    Treat employees like people and not dispensable resources if you plan to stop the revolving door that is recruitment


  3. IT Analyst Sr

    Former Employee - Senior IT Analyst in Levittown, PA
    Former Employee - Senior IT Analyst in Levittown, PA

    I worked at ION Trading (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Large enough to exploit economies of scale.

    Cons

    Executive management believe shoot the messenger.

    Advice to Management

    Cut down on levels of approval needed to buy essentials. Five approvals to buy a battery is counterproductive.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (8)

    No respect for Employees

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

    I worked at ION Trading full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They have really nice offices, if you like white

    Cons

    No respect for employees, constantly trying to get away with paying or giving minimum - pay, bonus and benefits. Only recruit cheap, young and inexperienced staff, who normally last less than 2 years before leaving and finding a new job. New grad program is a joke, most of the last intake are already looking for other jobs, those that are not are the ones who cannot find a proper job, or are easily manipulated by CEO wannabes.

    Advice to Management

    it is too late for the senior management of this company, they are all to scared of the CEO.


  6. Helpful (7)

    Market leader in etrading space but far from perfect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Services in New York, NY
    Former Employee - Client Services in New York, NY

    I worked at ION Trading full-time (More than 3 years)

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

    Pros

    Working with some really smart people who understand the etradig space.
    clients are all top investment banks.
    colleagues are pretty solid guys
    Valuable experience in etrading
    CEO is smart

    Cons

    When things go wrong.. and they do... it becomes a massive blame game and a search for a scapegoat.
    Comp is so so compared to the experience most people have especially in light of the non compete.
    The non compete which is part of every contract is a nightmare and can make looking for another job in the same field almost impossible.
    CEO micro manages

    Advice to Management

    respect the management structure... if the CEO end up giving a line employee, with two levels of management between him and the CEO, a public scolding it makes the employee feel terrible (which would have happened if his boss gave him the reprimand anyway) and it makes the managers look weak and destroys morale for everyone (managers and line employees).


  7. Market leader and still growing

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

    I have been working at ION Trading full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Strong and intelligent leadership
    Great work-life balance
    Fast-paced
    Workforce is composed of very competent professionals from all continents
    Still growing
    Beautiful office with amazing view of Central Park
    Mobility is encouraged for young employees

    Cons

    Rapid growth with multiple acquisitions has made the company fragmented
    Exchanges between teams are limited and would be beneficial
    Culture of the firm is not always clear


  8. Helpful (9)

    "Must Read for ION Trading, Noida"

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

    I worked at ION Trading full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great place to work at, lots of learning and the management is very encouraging towards its people who want to grow here as a professional and enhance his or her career prospects for a bright future in the IT finance sector.
    Very employee friendly environment.
    Understanding bosses - best work life balance
    Empowers employees
    Amazing culture
    Every work that you do is supported by senior management, if it's good
    Great transparency
    They understand their social responsibilities.
    Excellent Infrastructure (i believe one of the best office in Delhi/NCR)

    I must say that ION is one such organization which cares for its employees. Truely "Market Leader" in real sense!!

    Cons

    There is no Cons for this company that I can think of as it was the best place for me. So all i can say that cons is a term that i cannot seem to associate with this company.

    Advice to Management

    Work on employee engagement a bit more. Focus on appreciating good quality


  9. Helpful (4)

    Could be worse

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

    I have been working at ION Trading full-time

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

    Pros

    Good first job, with plenty of room for growth.

    Cons

    While you may grow in value, it's hard to see if management notices


  10. Helpful (6)

    Top management clueless and arrogant

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

    I have been working at ION Trading full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None that I have experienced.

    Cons

    They acquire small/medium companies and slowly merge them while destroying what made those companies successful through over management and arrogance. The model they seem to adapt with both employees and customers is to bully them. This model will ultimately fail. While there are certainly some bitter ex employees writing some reviews they are almost all bad. ION management can care less.

    Advice to Management

    Get a clue on how to manage people and client relationships.


  11. Helpful (9)

    A technically challenging company with an awful and rude management

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

    I have been working at ION Trading full-time (More than 3 years)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great attention to details, product quality and deliveries, and full of extremely skilled people who work on very challenging projects

    Cons

    There is no real HR department, and the company structure in general is extremely unclear. It is managed by technical people who suddenly became manager, they do not really have a culture of how to manage people. Every decision or mission is hidden to the employees. Nobody knows anything about bonuses or salary raises until the moment they actually occur (if any), and when they do, employees have no space for complaining or speaking to managers. There is a continuous climate of terror in some teams, a continuous and unmotivated pressure on the employees, and lack of attention to the achieved results that makes people unmotivated. Some managers ask their employees to work until midnight if needed, without leaving the office until a task is achieved, but there is actually no benefit nor compensation for people who decide to work more. There is basically no benefit for the employees, except for (cheap) lunch tickets, the entry salaries are almost ridiculous, and it's very hard to raise them.

    Advice to Management

    Learn to respect your employees and treat them fairly



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