Penson GHCO
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3.2 4 reviews

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John Streich

4 Employee Reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities


    PGHCO, great place to start but not stay.

    IT Support Specialist (Former Employee) Chicago, IL

    ProsGreat place to learn the trading industry and ability to focus on what you want to learn.

    ConsThere is a high rate of turnover in the IT department, for support personal they rarely stay more than 2 years before moving on to a higher paying job within or outside of the trading industry.

    Advice to Senior ManagementValue the support employees more and you will not have to constantly be hiring and training high school and college graduates. It doesnt take much to keep an employee around for more than 2 years, just a semi-competative salary compared to the rest of the marketplace.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO


    Prop Trader

    Proprietary Trader (Former Employee) Chicago, IL

    ProsHigh level of autonomy, intelligent co-workers.

    ConsNo real sense of company culture. Non-communicative management. High-pressure environment.

    No, I would not recommend this company to a friend

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


    Nice place to work - If not for Sr. Mngt

    Anonymous Employee (Former Employee) Chicago, IL

    ProsFriendly staff, great Cafe! open atmosphere.

    ConsSr. Managment does not communicate at all. No promotion possible ever. Rare raise and if so, very small.

    Advice to Senior ManagementPlease encourage more communication, staff are people too. We support our familes from working and are nervous and uptight when we can tell things are going on that we do not hear about.

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


    Trade Support and Execution

    Trad Support (Former Employee)

    ProsGreat place to learn A LOT about the Futures industry. FCM for all major exchanges. Thousands of customers from different places (locals, retail customers, some CTAs).

    A pro and a con... doing trade support (customer service) AND execution at the same desk. Can get VERY busy at times when exchanges have issues or front ends have connectivity problems.

    ConsFeast or famine. Desk can be slow or very fast. If something goes down, you have to get it back up.. and place orders for the customers that are dealing with the problem you are working on. A very "trial by fire" situation that rarely leads to a thank you from management. With the overnight lending rate at near zero, brokerages are not making the money they are used to making. This lends itself to a very lean staffing situation.

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