You can't make an omelette without breaking some eggs - Anonymous employee Sun Trading Employee Review

5.0
Jun 22, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Sun has been going through a period of change for some time now, but is now coming out of it stronger and more focused that it was before. Previous management focused on bringing in disparate teams, making many bets and hoping some would pay off, without taking into account the impact that the ensuing resource drain would have on the existing business. Some of those strategies paid off and are now successful, but many were not. It is no surprise, then, that non-performing traders have been let go. Indeed it is testament to the new leadership that they are making these difficult decisions, rather than continuing to invest to save face. So when you see ex-employees who are posting negative reviews on here, hopefully you get the context within which they are writing those reviews. Don't join Sun if you can't deliver on your revenue promises. If you can, join a professional, intelligent, hardworking, fun team and have a great time making money for yourself and your colleagues.

Cons

If you can't deliver, you will be found out. There are still a few legacy underperformers around but they are slowly being removed either directly or through attrition.

Explore other reviews about Sun Trading

5.0
Mar 3, 2023
Recommend
CEO approval
Business Outlook

Pros

Great culture & people. Management & owner are very approachable & down to earth. They set you up for success.

Cons

Don't have anything negative to say.

3.0
May 11, 2016
Recommend
CEO approval
Business Outlook

Pros

You get to learn a bit about a large, tightly-controlled server farm environment (if you're into technology). As a trader I would say the best thing is that they have lots of data to analyze and exchanges to trade. But on the other hand, they make every effort to try to get you to use their IT staff to "help you" code your strategy, which means you are leaking ideas to them (see below).

Cons

The main issue is with their business model: 1. It is ironic that they are called "Sun Trading" because they are Intellectual property vampires, sucking your trading ideas out of you and copying them for themselves. Their codebase is littered with other traders' ideas. Where are those traders now? Fired. 2. I have seen the same thing happen with technologists. They take any and all suggestions you might have (well of course they do!) and give out zero credit. Keep your best ideas to yourself. Don't give them those ideas thinking it will get you that big bonus or prevent you from being let go. You have been warned. Their entire business model revolves around this theme. They have bought entire trading desks just to bring in the IP, and then whatever happened to those people? Gone. Look it up, this is all verifiable fact. They even did it with some upper management (no names, but google who their previous CEO was).

31
See reviews by: Helpful|Rating|Date|All