TradeLink

  www.tradelinkllc.com
  www.tradelinkllc.com
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TradeLink Reviews

Updated August 23, 2014
Updated August 23, 2014
20 Reviews
2.7
20 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
TradeLink Co-Chairman & Managing Director Walt Weissman
Walt Weissman
9 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Excellent arbitrage trading firm. You will learn a lot.

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

    I worked at TradeLink full-time for more than a year

    Pros

    People who work here are very smart, diligent and hard-working. The principals of the firm are brilliant and you will have some access to them and their experiences. Excellent place to work if you are dedicated to learning about financial markets and performing at a high level.

    Cons

    The base pay is average but you will be incentivized if you perform.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Please do NOT work here

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

    I have been working at TradeLink full-time for more than 3 years

    Pros

    Open space (People are leaving all the time, so a lot open desks).

    Cons

    No bonus year after year ($500 as year end bonus.....). people who works hard and has real value to the company, are leaving one by one. Long hours, free lunch on Wednesday is a $2 sandwich. Management team is as bad as it gets, and a lot politics.

    Advice to ManagementAdvice

    No, the management team will never listen to what you say, that's why he is the boss.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Great place to grow your skills and do great work but be prepared to work very hard

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

    I worked at TradeLink full-time for more than 3 years

    Pros

    A lot of people are giving bad reviews but the thing about TradeLink is that if you consistently perform poorly, you will not stay with the company. I find this to be a "pro" because when you are on a team, you want to be working with the best. The people who did not like working at TradeLink most likely did not perform very well. If you are losing money, you shouldn't expect to stay with a company...

    In any case, the people are very smart and the space is probably one of the most interesting in Chicago. Considering how difficult of a time it is, I think they are positioned pretty well.

    Cons

    I would have liked to have worked with more multidisciplinary teams. Would be nice to be able to meet people from all over the company.

    Advice to ManagementAdvice

    Create teams of people from throughout the company. For example, research teams could learn a lot from working with IT from the beginning of a project.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    bad management, bad culture

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

    I worked at TradeLink full-time

    Pros

    hard to find any, it could be your worse nightmare.

    Cons

    1). Bad up level management, constantly make bad decisions, employee pay for them.
    2). Salary near bottom, no promised increase.
    3). No bonus, even the team make millions year after year. Other than base salary, you got nothing.
    4). Close door decisions, a lot politics.
    5). Technology is a joke, 10 years behind top tier competitors.

    Advice to ManagementAdvice

    you are not the only smart guy on earth.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    A terrible place to start a career in finance

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

    I worked at TradeLink full-time

    Pros

    Good hours, free lunch on Wednesdays.

    Cons

    Very poor compensation, outdated technology, partners are not open to new ideas and strategies, little collaboration between different groups, no exit opportunities.

    Advice to ManagementAdvice

    The partners really need to start rewarding their employees during bonus time. There is a very good reason why they are unable to retain or attract good talent. For example, even though my desk generated seven-figures in net pnl one year, my bonus was not even $10,000 after tax! I cannot think of a single other financial firm where employees are poorly rewarded for their contributions. It's utterly unbelievable. Moreover, the company is not respected in financial circles, so it will be very hard to get another job in the field afterwards. There is virtually no exit opportunities. I sincerely hope that the partners take these reviews seriously before the firm goes bankrupt.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Nice offices, bad management

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

    I worked at TradeLink full-time for more than a year

    Pros

    chicago office was super nice, upper management trying to invest and grow the company

    Cons

    Most people hate working there. Not a lot of happy people. Technology issues, which hurts people in the trading world.

    Advice to ManagementAdvice

    Spend more money on technology and less on nice offices.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Was a good place for quants, not so much after research group desolved

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

    I have been working at TradeLink full-time

    Pros

    Good people
    Lots of support for trading
    Gives you lots of opportunities

    Cons

    Lost the research group, now spread out among the general traders, so not much support for quants.
    Pay is low, and almost non-existent bonus for last three years.

    Negative Outlook
  9.  

    Undirected mess

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

    I worked at TradeLink full-time for more than 3 years

    Pros

    - some great talent
    - laid back environment, and good work life balance

    Cons

    - terrible compensation
    - many of the better employees have long since gone
    - absurd management, very anti-employee
    - everything about this place is out of date

    Advice to ManagementAdvice

    Radically change your approach to software or reconsider the business

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Decent Environment

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

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

    Pros

    Freedom to explore your own model.

    Cons

    Use outdated technologies. Lots of scope of efficiency increase

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Ok company, nothing bad or good to say

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

    I have been working at TradeLink

    Pros

    Nothing bad to say, give you a shot to trade

    Cons

    Nothing good to say either, high fees and take advantage when can

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