DRW - Thought it would be a better place to work. | Glassdoor
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There are newer employer reviews for DRW

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Helpful (7)

"Thought it would be a better place to work."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Trader, Eurodollar Options MM CME Globex in Chicago, IL
Former Employee - Trader, Eurodollar Options MM CME Globex in Chicago, IL
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I worked at DRW full-time (More than a year)

Pros

The traders are competent. Smart people work there.

Cons

The culture can be particularly nasty at times, especially when working long hours in a highly competitive environment. It's not uncommon to be berated or personally insulted by other traders, managers, and brokers/traders from other firms, to the extent that it's actually similar to high school bullying. There was also inadequate training from senior traders as they were often too busy with daily trading activities to train new traders (not enough support given to compensate for this...i.e. extra training classes--a few new traders slipped through the cracks because of this). I was in the Eurodollar group, which is the same group the CEO trades in.

Other Employee Reviews for DRW

  1. Helpful (1)

    "more hype, go for name brands, way overstaffed, more like a bank than a trading firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Programmer in Chicago, IL
    Current Employee - Programmer in Chicago, IL
    No opinion of CEO

    Pros

    decent base pay, for techies it is good to play around with tech,

    Cons

    no entreprenuerial traders, spend lot of time but no new profitable/trading ideas.
    seem to work hard, but no real results.was over staffed, to make new ventures profitable.

    Advice to Management

    make it like a trading firm, revamp compentation structure,
    create groups where traders/tech guys have skin in the game.
    cut down half the staff, frankly it is quite bloated.


  2. "Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    Great innovative culture, especially in technology

    Cons

    Lack of direction for some

There are newer employer reviews for DRW
There are newer employer reviews for DRW

See Most Recent

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