Chimera Securities Reviews | Glassdoor

Chimera Securities Reviews

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Found 45 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
84%
Recommend to a Friend
87%
Approve of CEO
Jared Gerstenblatt
9 Ratings
  1. "Great Company to Trade With"

    StarStarStarStarStar
      Former Employee - Trader 
      Approves of CEO

      I worked at Chimera Securities full-time

      Pros

      I loved everything about being at Chimera. It is really on you to make money and if you can do that, you will find support.

      Cons

      It is on you to make money

      Chimera Securities2019-02-21
    • Helpful (1)

      "Standard Prop Shop"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Equity Trader in New York, NY
      Neutral Outlook
      No opinion of CEO

      I worked at Chimera Securities full-time for more than 4 years

      Pros

      Independence in work schedule, strategies, focus, implementation

      Cons

      Limited capital available to all but a select few traders, sizing up contingent on what's left after management takes care of prioritized traders

      Advice to Management

      Honesty is pretty rare in the industry. It would serve you well to differentiate.

      Chimera Securities2019-03-10
    • "Prop t"

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

      I worked at Chimera Securities

      Pros

      Great leverage, good payout, fun

      Cons

      Commish could be lower, desk fee lower

      Advice to Management

      Na

      Chimera Securities2019-01-10
    • "Propietary Trader"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Chimera Securities full-time

      Pros

      I like the freedom they give the traders. They don't micromange you or make you do things that aren't productive. Lots of support if you want it.

      Cons

      I don't have anything negative to say other than the job can be very hard at times.

      Advice to Management

      Keep up the good work

      Chimera Securities2018-07-15
    • Helpful (1)

      "Not great for entry level"

      StarStarStarStarStar
        Current Employee - Anonymous Employee 

        I have been working at Chimera Securities

        Pros

        freedom and possibilities are endless

        Cons

        You are basically on your own

        Chimera Securities2018-02-21
      • "Great place to learn and grow as a trader."

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Equity Trader in New York, NY
        Recommends
        Positive Outlook
        Approves of CEO

        I worked at Chimera Securities full-time for more than 6 years

        Pros

        The partners are awesome guys to work for--very supportive and feel more like friends than bosses. Casual environment. The sky is the limit--uncapped potential if you have the skills and are insane enough to take on trading as a career.

        Cons

        You eat what you kill, which naturally leads to fluctuations in compensation and psyche. Also, grown men shouldn't wear shorts and sandals to work in the winter.

        Advice to Management

        Encourage/reward more communication on the floor.

        Chimera Securities2017-11-30
      • Helpful (3)

        "Chimera Securities"

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

        I worked at Chimera Securities full-time

        Pros

        - management are intelligent and caring people - great deal of personal autonomy once you've demonstrated success

        Cons

        - Lack of investment in employee development past initial training - stagnant training modules for new hires - the culture is bro-y and not hard working

        Advice to Management

        - provide more structure and guidance to newer employees

        Chimera Securities2017-11-27
      • Helpful (3)

        "Discretionary trading is a bad and boring job. Inferior strategies other than just gut feel, which is going to die."

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Trader 
        Doesn't Recommend
        Negative Outlook
        Disapproves of CEO

        I worked at Chimera Securities full-time for more than 2 years

        Pros

        - Flexible working hours - wear whatever you want

        Cons

        - No real training. Everything the firm does and all of these other firms in New York are dated. -no real strategies. Stuff like buying down and momentum trading as implemented by these traders is so outdated. Lots of people still do crap like buying against levels. - discretionary trading is dying - some people still make money by 'seeing' the market. Their intuition with what's right is probably aligned with reality...

        Show More

        Advice to Management

        Who knows, great job starting this company back when trading was beatable by people.

        Chimera Securities2017-11-17
      • "Equity Trader"

        StarStarStarStarStar
          Former Employee - Anonymous Employee 
          Recommends
          Positive Outlook
          Approves of CEO

          I worked at Chimera Securities full-time

          Pros

          Mentorship, flexible, great prop trading firm

          Cons

          I don't have anything in the cons

          Chimera Securities2017-07-24
        • "Highly recommend"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Equity Trader in New York, NY
          Recommends
          Positive Outlook
          Approves of CEO

          I have been working at Chimera Securities full-time for more than 4 years

          Pros

          Great management, tech support, software, communication

          Cons

          lack of proper training and sharing of ideas

          Advice to Management

          updates on things that are currently working

          Chimera Securities2017-07-04
        Found 45 reviews