Chicago Trading Company Reviews | Glassdoor

Chicago Trading Company Reviews

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Found 44 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
64%
Recommend to a Friend
83%
Approve of CEO
Chicago Trading Company CEO Eric Chern
Eric Chern
27 Ratings
  1. Helpful (2)

    Superb Team, Superb Technology, Superb Experience

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Chicago Trading Company full-time for more than 4 years

    Pros

    I was challenged and encouraged to expand my skillset every day that I worked at CTC. The company has great leadership, supportive middle management, and a broad spectrum of top notch trading and technical teams.

    Cons

    I really have nothing negative to say about my experience at CTC. It was a pleasure.

    Advice to Management

    Never lose that vision thing.

  2. Partners

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Chicago Trading Company full-time

    Pros

    Some nice people. Pay is good.

    Cons

    Closed group at the top.

  3. Helpful (1)

    Trading Assistant

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Chicago Trading Company full-time

    Pros

    Training classes Snacks +breakfast lunch nice office

    Cons

    need better mentorship management decisions are opaque behind closed doors

  4. Helpful (3)

    it's a trading company

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Chicago Trading Company full-time

    Pros

    good pay and benefits free food nice people

    Cons

    too much process to do easy things not enough trust in employees people disappear without notice

    Advice to Management

    way too much focus on security

  5. Helpful (3)

    Great company to work at

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Chicago Trading Company full-time

    Pros

    Workers create a great environment to work in. Always looking for new ways to improve so it's a very dynamic and fast-paced environment. Great perks like pay, free breakfast/lunch, company parties.

    Cons

    There is a bit of a divide between the trading side of things and the software side of things. It would be nice if this could be bridged in some way.

  6. Helpful (7)

    Great company, limited growth.

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Chicago Trading Company full-time

    Pros

    Great work life balance. Nice pay and perks. Nice annual party. Collaborative environment. Nice people to work with. Good core values.

    Cons

    It's still a small company at heart. Promotions are not always meritocratic, but often based on relationships with upper management. That's not to say it's all that way but if you aren't part of the inner circle you will have to work twice as hard for promotions. It's not nefarious, it's just human nature, but sadly that's the way it is. Also they appear to be content with their current company, so expansion opportunities...

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    Advice to Management

    I don't think I have any. Sure more meritocracy and less favoritism would be nice, but if it were my company I'm not sure I'd act much differently. People tend to make declarative statements on how things would be different if they were in charge when in reality the same forces that shape the current management would lead to a similar outcome. So it's hard for me to throw stones at the fact that they want people they...

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  7. Helpful (3)

    You will either Love it or Hate it

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - App Developer in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Chicago Trading Company full-time for more than 2 years

    Pros

    Good physical environment Open door policy collaborative

    Cons

    Lack of business ethics cliques, promotions based on political maneuvering Lack of any ethics (But that can be a hindrance in prop trading)

  8. Helpful (14)

    Stay away!

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Chicago Trading Company full-time for more than 4 years

    Pros

    - very good trading team - good perks - very relaxed work environment with almost no pressure (especially for technology ppl)

    Cons

    - very political - promotions based on back stabbing and dirty trick - total lack of understanding for the importance of modern technologies (still running on very antiquated ones) - extremely incompetent Technology management team

    Advice to Management

    get rid of your CTO and CIO - pronto!

  9. Helpful (3)

    Good company on a good trajectory

    StarStarStarStarStar
      Current Employee - Anonymous Employee 
      Positive Outlook
      Approves of CEO

      I have been working at Chicago Trading Company full-time

      Pros

      If you are a developer on a trading desk, or a financial engineer or trader, then it's a very good way to learn about trading options and a good overall exposure to trading and risk management.

      Cons

      Most people are insulated from interacting with markets. Some employees express lack of clarity on how to progress in their careers, and feel siloed.

      Advice to Management

      Encourage exposure to markets and the core business for a wider breadth of employees through mobility or education. Also try to encourage more dialogue with the outside world with emphasis on things like external education, attending conferences.

    • Helpful (7)

      Trader

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Trader in Chicago, IL
      Doesn't Recommend
      Neutral Outlook
      Approves of CEO

      I worked at Chicago Trading Company full-time for more than 2 years

      Pros

      - Free Lunch Program - Good perks and company events - Decent Compensation

      Cons

      - Increasingly Bureaucratic - Very political - Not the same firm as when I started - Advancement seems limited unless you are a partner - Individual performance not as important as the firm performance (pro or a con) - Much of your pay is salary rather than bonus.

    Found 44 reviews