Consolidated Trading Reviews | Glassdoor

Consolidated Trading Reviews

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Found 27 reviews

3.4
StarStarStarStarStar
Rating TrendsRating Trends
52%
Recommend to a Friend
63%
Approve of CEO
Colby Lamberson
11 Ratings
  1. "Trader"

    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 Consolidated Trading full-time

    Pros

    Good work environment, friendly coworkers

    Cons

    No time off, stressful job

    Advice to Management

    keep up the good work

    Consolidated Trading2019-01-15
  2. "Good place"

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

    I worked at Consolidated Trading full-time for more than 5 years

    Pros

    Good benefits for there employees. You start early and leave at a good time.

    Cons

    Individuals need to learn how to share knowledge

    Consolidated Trading2019-04-01
  3. Helpful (3)

    "Intense"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Consolidated Trading full-time for more than 19 years

    Pros

    Tremendous flexibility and freedom to develop trading ideas and strategies. The technology has come a long way and the tech team is now top notch. Always evolving, the place looks very different than a few years ago. The frat boy culture has changed very much and it’s a much more serious place to work and grow. It’s great to see more adults and less kids!

    Cons

    Because it’s so competitive and challenging to always get “edge” in markets, it’s often very stressful. People can be afraid to fully speak up for fear of being challenged. They certainly do not take to fools lightly.

    Advice to Management

    I know how much management hates meetings and how even a sentence of wasted time in a meeting can get one scolded but we need to have more meetings!

    Consolidated Trading2018-12-27
  4. Helpful (3)

    "No respect for employees"

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

    I worked at Consolidated Trading full-time for more than 3 years

    Pros

    No risk manager, no one knows what they are doing or how to evaluate risk so they will let you have on whatever you want

    Cons

    Constantly changing the bonus structure, insurance, etc. forcing employees to sign non competes while withholding money. Incredibly high turnover, letting go of long term employees wth no cause or notice

    Advice to Management

    Get a risk manager and treat your employees like humans

    Consolidated Trading2016-12-08
  5. Helpful (1)

    "Clerk"

    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 Consolidated Trading

    Pros

    Great group of smart guys who want to help the young guys learn

    Cons

    The hours in the morning can be very early

    Consolidated Trading2016-08-26
  6. Helpful (3)

    "Trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Equity Index Option Trader/Risk Manager in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Consolidated Trading for more than 8 years

    Pros

    Good pay, fun work events

    Cons

    lots of firings, no vacation time, ton of turnover, horrible tech vs competitors

    Advice to Management

    mandate a week vacation time or something

    Consolidated Trading2016-09-01
  7. Helpful (3)

    "Do not work here if you have other choices"

    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 Consolidated Trading

    Pros

    Free food and snacks. Good company location.

    Cons

    This company does not care about new hires and the turn over rate is extremely high. If you are a college grad, please do not work here unless you have no choice. You are often forced to do work you are not supposed to do. The company also does not use any technology.

    Consolidated Trading2016-07-08
  8. "good place to learn"

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

    I have been working at Consolidated Trading full-time for more than 3 years

    Pros

    Senior management gives new hires plenty of chance to get hands on experience.

    Cons

    Tech department does not help traders much.

    Consolidated Trading2016-06-14
  9. Helpful (1)

    "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Consolidated Trading

    Pros

    Little hierarchy, friendly, casual, lots of opportunity to take risk and grow, good benefits

    Cons

    Technology can be slightly outdated. Expectation may not be clear all the time.

    Consolidated Trading2016-05-19
  10. "Chief Operating Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Chief Financial Officer/Chief Operations Officer in Arlington Heights, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Consolidated Trading for more than 5 years

    Pros

    Great staff to work with

    Cons

    The management style was not always consistent

    Advice to Management

    Set the coarse and stick to it

    Consolidated Trading2016-05-24
Found 27 reviews