Simplex - Great place to learn about options | Glassdoor
There are newer employer reviews for Simplex
There are newer employer reviews for Simplex

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"Great place to learn about options"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Trader Intern
Former Employee - Trader Intern
Recommends

Pros

I really enjoyed my time at Simplex even though I ended up taking a different job. It's a great place to learn options theory, and their technology and development team is top notch. If you're interested in algo trading, these guys can teach you a lot.

Cons

Simplex is a specialized firm that trades only equity options with no directional risk, and all strategies and ideas must fit that mold.

Other Employee Reviews for Simplex

  1. "Good Place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Good place to learn
    Work environment was generally young, hard working, intelligent people

    Cons

    High employee turnover
    High pressure/responsibility - money is on the line every second of the day

    Advice to Management

    Invest in long term careers of employees, be more transparent about expectations


  2. Helpful (2)

    "Option Trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Good place to get your feet wet. Begin looking for a new job when you accept this one.

    Cons

    No support for new traders. Held to unattainable standards with absurd profit splits, desk fees and minimum wage. No innovative trade strategies on the point-and-click side. I would highly suggest thinking twice about working here.

    Advice to Management

    Invest in your employees and pay them a decent wage.

There are newer employer reviews for Simplex
There are newer employer reviews for Simplex

See Most Recent

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