Traditum Group Reviews

Updated April 5, 2015
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2.7
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Michael Creadon
7 Ratings

9 Employee Reviews

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  1. Helpful (3)

    Great experience

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

    I worked at Traditum Group

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Very positive environment Sharing information Helpful every Sunday before the open phone calls CEO really helps with new trades

    Cons

    Some traders who don't succeeded complain all the time


  2. Helpful (4)

    Don't come !

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

    I worked at Traditum Group full-time (More than a year)

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

    Pros

    Decent office, free lunch three times per month. And that's it ! A lot of friendly people working around.

    Cons

    There are many. Management team doesn't know well enough about market and trading technology. They are not original successful traders. Technology is way out of date. Management team like macro management and over your shoulders all the time. Long hours. No work/life balance.

    Advice to Management

    Management team should be completely replaced. Hire more experienced IT & technology guys. Hire management team who know both trading technology and market.


  3. Helpful (5)

    Awful trading experience. Unprofessional and inconsistent leadership.

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

    I worked at Traditum Group

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

    Pros

    Free lunch. Wish I had more to add.

    Cons

    Long hours. Monday morning quarterbacking by management. Management favors certain traders who have different set of rules. Too many closed door meetings. Inconsistent risk management. No training program. Absolutely no work/life balance. You are expected to be in the market all of the time.

    Advice to Management

    Be more consistent. Do not favor certain traders and have a different set of rules for them. Develop training programs. Encourage work/life balance.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More


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  5. Helpful (1)

    Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Traditum Group full-time

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

    Pros

    Great environment to work in

    Cons

    There are no cons that I can see.


  6. Helpful (5)

    Software Developer

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

    I worked at Traditum Group full-time (More than 3 years)

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

    Pros

    Traditum has a very relaxed environment

    Cons

    Low pay, long hours, inconsistent direction

    Advice to Management

    More professionalism.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More


  7. Helpful (3)

    Trader

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

    I worked at Traditum Group full-time (More than a year)

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

    Pros

    Management cares about you. Great entry level for any one looking to trade, very competitive though. Fast paced. Meritocracy, if you do well you can profit.

    Cons

    Unreasonable expectations, work Asia and Europe night market for beginners. Management will push trade ideas that never work. Fraternity atmosphere feel to it.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More


  8. Helpful (5)

    Disappointing place to begin a trading career; Okay if you're a professional who just needs backing

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

    I worked at Traditum Group full-time

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Management cares about you and wants you to succeed. Not a lot of red tape. Flat structure. Coworkers are willing to help each other.

    Cons

    Technology is way behind-the-curve in an industry that requires top-of-the-line tech to succeed. Pay structure is counterproductive to training new talent. Most employees treated poorly except for the top performers. No regard for process or talent; only results. No regard for work/life balance; terrible hours. Management often contradicts itself. Tedious work and a poor environment for learning useful skills.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More


  9. Helpful (1)

    Positive Trading Experience

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

    I worked at Traditum Group

    Recommends
    Recommends

    Pros

    Great people and a solid support & growth system. Dedicated to improving technology. High quality talent and trading systems to foster success. Firm-wide events.

    Cons

    New traders begin working at night, which is hard on life outside of work and on health. Long hours and endless market vigilance does not guarantee success.

    Advice to Management

    Traditum would do well, if it plans to continue hiring new inexperienced talent, to build a better training and mentorship program to facilitate new-trader success.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More


  10. Helpful (10)

    Tier 4 firm in a 2 tier world

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader
    Current Employee - Trader

    I have been working at Traditum Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    "Free" lunch on Thursdays. Most people are friendly.

    Cons

    Micro management to the extreme, combined with a lack of understanding of markets makes a horrible management style. Management is very fickle and difficult to understand what they want to accomplish. Silo style trading is okay for the experienced trader, but doesn't work if you are trying to build a team trading environment. This is not an innovative shop and is well behind its Chicago prop trading peers. Office is like basement and technology is mediocre at best. Trading at night is a must (with a preference to cover Asia and Europe).

    Advice to Management

    Let's face it, electronic markets are extremely crowded these days. There is nothing magical about working here and will most likely set you back. Pick up the Treasury Bond Basis, learn how to program, head over to Advantage Futures and you'll be 10 steps ahead of these guys.

    Traditum Group Response

    Apr 7, 2015 – Director of Operations

    Traditum promotes a collaborative work environment, and we encourage debate and feedback - both positive and negative - from all current and former employees. We believe a constant feedback loop is ... More



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