I worked at Louis Capital Markets full-time (More than a year)
Lower level management was very friendly and extremely smart. The boutique and small company culture is very omnipresent here and everyone pretty much knew everyone. Very inclusive especially with after-work curriculum without forcing people to attend.
All of the managing partners were snakes. Very under-compensating, they were reluctant to part with any kind of money. Very hostile yelling culture that often went to physical violence. Company seems like it was built to die, they hardly hire anyone new anymore and a lot of people wind up leaving.
Advice to Management
Make a whole new internal change.
The process took 3+ months. I interviewed at Louis Capital Markets (New York, NY) in April 2009.
Overall very simple interview. Asked about prior experience and view on markets. Asked several rudimentary questions about FX options, but nothing too complicated. Interview consisted of 2 rounds (1 with the group: 1 with head of group on different date). I would say that the interview is more of a personal fit one where they see if you can work within group.
No room for negotiations, but make sure you get as much as you ask for because there is little room for advancement when you are hired.
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