ION Trading Reviews

Updated October 22, 2014
Updated October 22, 2014
110 Reviews
2.8
110 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Andrea Pignataro
53 Ratings

Review Highlights

Pros
  • Good work life balance, have never been asked to work on week ends (in 7 reviews)

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


Cons
  • Long hours result in a very poor work-life balance (in 8 reviews)

  • No HR department, which is wrong for a company of this size (in 9 reviews)

More Highlights

Employee Reviews

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  1. 6 people found this helpful  

    Market leader in etrading space but far from perfect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    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).

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Market leader and still growing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    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

    Recommends
    Positive Outlook
    Approves of CEO
  3. 8 people found this helpful  

    "Must Read for ION Trading, Noida"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
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  5. 3 people found this helpful  

    Could be worse

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

    I have been working at ION Trading full-time

    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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 4 people found this helpful  

    Top management clueless and arrogant

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

    I have been working at ION Trading full-time

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 5 people found this helpful  

    “Amazingly hard-hearted” II

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

    I worked at ION Trading full-time (more than 10 years)

    Pros

    Some of the folks from companies that ION has acquired are good people. The software delivery process is well done.

    Cons

    Employees are treated with contempt and disdain. The needs and desires of the employee are bottom of ION's values structure.

    Advice to ManagementAdvice

    Hire some HR. Respect your staff. Don't instil a culture of fear. Don't verbally bully staff in front of an entire office.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8. 6 people found this helpful  

    A technically challenging company with an awful and rude management

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

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

    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 ManagementAdvice

    Learn to respect your employees and treat them fairly

    Doesn't Recommend
    No opinion of CEO
  9.  

    Interesting company vision

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

    I have been working at ION Trading full-time (more than 5 years)

    Pros

    Talented colleagues, good emphasis on quality and process

    Cons

    Lack of regular communication regarding company objectives and goals from senior management to rank and file staff.

    Advice to ManagementAdvice

    Better communication of company objectives and goals to staff.

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 8 people found this helpful  

    a nightmare

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

    I have been working at ION Trading full-time (less than an year)

    Pros

    Yet to find a positive thing to say about them

    Cons

    Very poor communication with employees

    Advice to ManagementAdvice

    Start caring about the employees

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 8 people found this helpful  

    Terrible place to work, wouldn't recommend to my enemy

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

    I have been working at ION Trading full-time (more than 5 years)

    Pros

    Good office environment for younger hires, you learn a lot about the business and the trading platform.

    Cons

    You can't use anything you learn because of their non compete agreement (which they also arbitrarily enforce). They start new hires at WAY below market and there's limited-to-none advancement opportunities (both salarywise and promotion).

    Advice to ManagementAdvice

    They will never take any advice that doesn't come from within their socioeconomic circle so I'm not going to bother

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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Delhi Office Building
London Office

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