Working at SMB Capital | Glassdoor

SMB Capital Overview

New York, NY
1 to 50 employees
Company - Private
Brokerage Services
Unknown / Non-Applicable
SMB Capital is a proprietary trading firm in which traders—for equities, options, and futures—are given the opportunity to be discretionary, automated, or hybrid traders (both discretionary and automated). Comprehensive training programs are available to help ... Read more

Mission: Our mission is to provide you with the training, technology, capital, coaching and mentoring to grow you into an elite trader.

Company Updates

  • Excited to have just started our new class of interns for Spring 2019!

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SMB Capital – Why Work For Us?


Who Are We?

SMB Capital is a proprietary trading desk located in Midtown Manhattan. Our desk trades equities, options and futures. We hire new and experienced discretionary and automated traders, funded by the firm. We provide the capital, proprietary technology, training, coaching and mentoring you need to become an elite trader. SMB Traders are committed to improving everyday and not just as traders.

SMB was founded in 2005 by two well-educated (Wharton, UConn Law School), experienced, and active traders. SMB is managed daily by two partners: Mike Bellafiore, author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley) and The PlayBook (Financial Times), and Steve Spencer. SMB’s partners have collectively traded for 30 plus years. During this time, our desk has developed many different and diversified trading styles, but we continuously search for new trading styles.

People Who Thrive at SMB


Top traders are always working to become better.

It takes time to become a high performing trader. Those who embrace the very real learning curve and do the study necessary to become a consistently profitable trader do best.

We have studied the top traders on our desk and look to hire those who remind us of our top traders.

In full transparency, we receive thousands of resumes for a handful of seats on our desk. Working at our firm is very competitive. If you want to learn and train to become a professional trader, and believe you can become the next great firm trader, we would love to meet you.

SMB Capital Reviews

4.5
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Michael Bellafiore & Steven Spencer
22 Ratings
  • Featured Review

    "Best place to elevate your trading"

    StarStarStarStarStar
    Current Employee - Equity Trader (Developing) in New York, NY
    Current Employee - Equity Trader (Developing) in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at SMB Capital full-time (More than a year)

    Pros

    Where to begin? SMB Capital is probably the best place to begin any equity trading career. Coming in as a developing equity trader in their program, I can tell you the training and attention given to the new hires is unlike any other forum. Multiple developmental meeting every day, placed on a team with senior traders and mid level traders, many of whom making mid 7 figures per year but they are growing bigger as we speak. Exposure to many of the best trading strategies, both day trading and swing/longer term as well is arbitrage strategies. Access to the best trading psychologist in the game. Access to more capital than you could need/use. Access to some of the best technology on the street both on the execution side as well as automated/modeling and scripting side of things. Literally given all the tools and support anyone would ever need to be successful. Develop the right foundation, work hard, improve, and gain the trust of the managers who are there to help you scale up to your full potential, and there is no ceiling to what you can do here, complete freedom to pursue your own edge and ideas. SMB is growing year over year, and made a great decision to partner with KTG several years back. probably now the best prop firm on the street both performance wise and culture wise.

    Cons

    None I can speak of that aren’t related to trading in general. Trading is an extremely difficult game/profession for any individual at any firm. Those with drive, and a true genuine passion for trading will progress, while those not willing to put in the work or who don’t have this genuine passion will not be able to make a career from this. SMB does more than enough to train, develop, coach, and scale traders, so at the end of the day it’s really up to the individual.

    Advice to Management

    Keep it up. Switching up the developing trader class structure and program was an excellent idea.

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SMB Capital Photos

SMB Capital photo of: Active Trading
SMB Capital photo of: trading floor
SMB Capital photo of: Review Session
SMB Capital photo of: Trader Collaboration
SMB Capital photo of: Trading Floor
SMB Capital photo of: Trading floor
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SMB Capital Interviews

Experience

Experience
45%
33%
22%

Getting an Interview

Getting an Interview
72%
14%
14%

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  1. Helpful (2)  

    Junior Trader Interview

    Anonymous Interview Candidate in New York, NY
    Declined Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took 1+ week. I interviewed at SMB Capital (New York, NY) in March 2016.

    Interview

    Quite Easy, started with an easy questionnaire asking about your interests in the markets and also to measure your thought process. A bit lengthily for the online section though. Then they called me for a one on one over the phone interview.

    Interview Questions

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SMB Capital Awards & Accolades

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Work at SMB Capital? Share Your Experiences

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