Newedge USA
2.7 of 5 30 reviews
www.newedge.com Chicago, IL 1000 to 5000 Employees

Newedge USA Reviews

Updated Mar 19, 2014

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2.7 30 reviews

                             

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Newedge USA CEO David Escoffier

David Escoffier


32% of employees recommend this company to a friend
30 Employee Reviews
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Good place to work and learn various technologies

Senior Developer (Former Employee)
Chicago, IL

I worked at Newedge USA full-time for more than 5 years

ProsFlexible to learn different technical skills. Offer quite a bit opportunities if you want to learn different technologies. A lot more independence to manage projects. Friendly co-workers and easy to reachable. Work closely with business.

ConsPoor I.T management which is run by personal friendships.

Advice to Senior ManagementPlease have 360 review of all the senior managers. Hire outside company to do I.T management review to see how many unqualified managers are sitting just due to personal relationship. Provide a clear career path.

Yes, I would recommend this company to a friend

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newedge

Trading Assistant (Current Employee)
New York, NY

I have been working at Newedge USA full-time for more than a year

ProsPay. Challenging work environment. location.

ConsJob cuts. Rudderless organization. Tired.

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

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Politics

Senior Director (Former Employee)
New York, NY

I worked at Newedge USA full-time for more than 5 years

ProsProfitable and if in the know can do very well for yourself.

ConsIf you cannot play the game do not accept.

Advice to Senior ManagementCommit

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

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No regard for the livelihood or well being of employees. LipService to Work Life Balance

Financial Analyst (Current Employee)
Chicago, IL

I have been working at Newedge USA full-time for more than 5 years

ProsNo monotony in the work. Very diverse.

ConsEverything else. I am not disgruntled. I am tired.

No, I would not recommend this company to a friend

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normal interview

Anonymous Employee (Current Employee)

I have been working at Newedge USA full-time

ProsBig Company Global offices Nice people

ConsToo dysfunctional too many middle managers

Advice to Senior ManagementClean up the problem areas

No, I would not recommend this company to a friend

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Summer Intern

Intern (Former Employee)
New York, NY

I worked at Newedge USA as an intern for less than a year

ProsAffiliated with a lot of good companies. Good networking. Good pay.

ConsBad company culture. Lack of organization.

Yes, I would recommend this company to a friend

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The worst!

SUPPORT (Current Employee)
Chicago, IL

I have been working at Newedge USA full-time for less than a year

ProsStill searching for one pro...

ConsThe training sucks!!! Most managers are completely w/o a clue. The people are very arrogant and not too friendly, except with the people they've worked with for years. The people get really intimidated when someone with 1/2 a brain starts in their department. if come across the review labeled "horrible", I totally agree. Came across that one when I first started and co-signed it after I noticed how spot on it was.

Advice to Senior ManagementFind a trainer that knows what THEY are doing, in regards to their job and how to train someone. Being so hands-off is a bit much. And how about going to check on your new employee sometimes. Maybe they new something that your staff is not / can not provide. Just a thought.

No, I would not recommend this company to a friend

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Big Firm with a Small Feel

Anonymous Employee (Current Employee)

I have been working at Newedge USA full-time

ProsNewedge is a global organization that is one of the top three brokerage firms in the US. The firm is owned by two French banks which really contributes to the international culture at the firm. If you are a knowledgable, hard working individual that is proactive and likes to add value, the opportunity for you here is endless. You must be a go getter to succeed.

ConsIf you are looking for someone to hold your hand and tell you where your career should go this is not the place for you. You have to be a visionary and self driven to really take away value here. Also, the benefits here are very weak and salaries are not competative. Only come here if you are looking for growth opportunity and you are willing to put in the work.

Advice to Senior ManagementPay people what they are worth and value the employees you have because the market is competative and finding good people is not easy.

No, I would not recommend this company to a friend

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Rewarded for hard work

Broker (Current Employee)
San Francisco, CA

I have been working at Newedge USA full-time for more than 5 years

ProsOpen culture, freindly staff, European feel. Entrepreneural culture that will suit the motivated and ambtiout.
Surprised with all the negative comments about Newedge on here

ConsLack of programs to develop staff.
More resources should be dedicated in developing staff's knowledge and skills
Most of available training is done only in major financial centers, i.e London, New York or chicago.

Advice to Senior ManagementCreate a program to further develop skills on your employees.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Very nice working environment. Poor management

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Newedge USA full-time for more than a year

ProsVery pleasant working environment, colleagues are very nice. There's a lot of space for improvements, so if you have a good idea they are very happy to listen to you and implement it

Conspoor management, slow change processes

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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