For Part 3 in our series on tech-driven trading, we talked to Ermes and Rik to discover why, according to them, flexibility is the key to success as an IMC trader.
What would you say to your freshman self, if you could talk to her or him? IMC software developer Lauren answers this question for a USF profile.
IMC stands for International Marketmakers Combination and is a privately-held company founded in Amsterdam in 1989 by two traders working on the open outcry floor of Europe’s first options exchange. Today we have offices in Amsterdam, Chicago, Sydney, New York and Hong Kong and employ just over 500 people.
IMC is a leading market maker in exchange traded instruments active on over 100 exchanges, platforms and pools of liquidity across the world. Our commercial success reflects our ability to develop strategies and technologies that enhance our competitive position and aid the efficiency and transparency of financial markets for all market participants.
Follow this link to understand exactly what marketmaking is: What We Do
At IMC we recognize how fortunate we are and believe in sharing this wealth through our social commitments. Part of our annual net income is dedicated to charities in the communities in which we work. Through our IMC Charitable Foundation, we work closely with the Chicago education system and support organizations with scholarship funds, community grants, and our employee volunteering program. But our foundation is only the first step in making a difference. IMC also supports the charities our people are most passionate about through an employee-grant matching program.
At IMC, we recognize talent and reward teamwork. We believe in giving people freedom and responsibility. We applaud ambition, encourage entrepreneurship and strive continually for improvement. We never stop learning; individually and from each other. The people we hire, work together to deliver solutions that drive results.
Being smart gets you in the door. Continuously striving for improvement and a restless curiosity will help you succeed. If you have a passion for problem solving, technology and innovation, we have the work culture, training and environment to help you realize your potential. At IMC there are no limits to success. Your career here goes as far as your talent takes you.
"Everybody wants you to learn as much as you can"
Matt Gokel - Developer - Chicago Office
"There's always new and hanging ways to acheive success in this market."
Ikenna Igboaka - Trader - Amsterdam Office
"We like to do it better than the next person"
Brendan Jones - Trader Team Lead - Sydney Office
Education and training
If you have a passion for trading and technology and want to put to your talent to work where it can really make a difference then look no further than IMC. We are a learning organization that encourages openness, honest discussion and teamwork. Our training and development programs reflect those values.
At IMC you will have the opportunity to work on global teams to learn and share ideas with some of the best traders, developers and technologists from around the world.
IMC people love what they do. They thrive in a challenging, creative environment where talent is recognized and rewarded.
At IMC we’ll invest in you from day one and keep on doing so throughout your career. You’ll get everything you need to fulfill your potential.
We’ll provide the opportunity; you bring the talent.
If joining as a trader or developer, your career at IMC starts with a global traineeship. This consists of in-house courses and trading and development simulations created and delivered by our experienced traders and developers from around the globe. This intensive learning and development program will give you an introduction to our unique culture and a real insight of how we work and what we do.
It’s a comprehensive global program, based in our offices in major trading cities, led by our experienced team. The goal of the traineeship is to teach you the core of IMC’s business, introduce you to trading, programming, and the specific requirements of your role.
And within two months you’ll be putting what you have learned into practice, trading and creating software, alongside a mentor who is committed to your success and development, in the world’s biggest, most dynamic financial markets.
For all employees, after year one, we offer specially designed programs run by the Center for Creative Leadership:
Our benefits program is in place to make life convenient and worry free for our people so they have the time to focus on what they’re most passionate about. We go above and beyond the basics to support a healthy lifestyle physically, emotionally, and socially.
A Healthy Lifestyle:
While Making Life Fun (to name a few):
I have been working at IMC Financial Markets full-time (More than 5 years)
I’ve been with IMC for almost 6 years now. In my current role, I mostly work on global projects across our three offices. The close collaboration with the different teams globally is something I truly enjoy. IMC really encourages international collaboration and offers ditto opportunities. Shorter and longer term international assignments are very common practice.
The best thing I like about IMC is its culture and the people that form this: informal and collaborative, but very professional and ambitious. IMC puts a lot of effort in hiring people that share the same values and bring something unique. Another thing I like is that people are given as much responsibility as they can handle, and preferably a little more. There is a strong focus on learning and both personal and professional development.
Overall, what has been keeping me here for nearly 6 years is the reward of working with a bunch of smart people on cool stuff in a fun and international environment.
IMC is not for everyone though. The downside of working in a fluid and by times ambiguous environment is that sometimes you could feel a little ‘lost’. Don’t expect too much structure created for you. You create it yourself. People are always willing to support wherever they can, but the ball is in your court.
The pace is high: you’re expected to be always on top of your game, there is not much room for slacking around. I don’t see this as something negative, but you should be prepared for this. You should not only be able to handle this, you better love it, otherwise this is not the place for you.
I applied online. I interviewed at IMC Financial Markets.
First, I received a logic and coding test. The logic test had some hard questions near the end, but it was doable. The coding test was pretty straightforward. Next, I had a HireVue video interview where I had to record myself answering questions about several scenarios. Afterwards, I was invited to an onsite in Chicago with 3 rounds (coding, behavioral, and algorithms).