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Trading Technologies

Is this your company?

Not sure why people still work here - Software Engineer Trading Technologies Employee Review

1.0
Dec 6, 2016
Recommend
CEO approval
Business Outlook

Pros

Free snacks, beer on tap. Friendly and knowledgeable co-workers.

Cons

I used to work at TT and left a few years ago. After the management change the situation became unbearable. Where do I even begin? Constant pager duty for engineering while being told to ignore basic programming practices (CEO still thinks copy and paste is a legit development style). Absolute lack of advancement opportunities - no matter how long you've worked at TT your title is simply a "Software Engineer". I wasn't the only one who who felt this was designed to make it harder for employees to go elsewhere. CEO keeps coding and checking code into production system behind everyone's back. No wonder the platform is unstable and keeps confusing buy for a sell. CEO has a huge ego and compensates himself very well. Yet he does nothing to sell the company so that ordinary employees can benefit. We are still waiting for our shares to be worth something. The stock valuation has been the same for a few years now, meaning they are depreciating due to inflation. Management is useless. They keep pressuring developers to release new features but don't understand that in this business stability and correctness is king. Nobody cares about shiny UI if you can't get the basics right. With all this, sometimes I wonder why so many talented people are still with TT? There are so many trading shops in Chicago that easily beat TT's yearly revenue in a month. Many of them offer better atmosphere and working hours than TT. Not to mention they pay actual bonuses and not what TT calls bonuses. Stockholm syndrome? Too complacent to look for a new opportunity? [scratching my head]

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Trading Technologies Response
9y
It seems like you left while the company was in the midst of some major changes a few years ago and as a result your understanding of how TT operates is incorrect. First of all, it probably goes without saying that the snacks, beer, and friendly and knowledgeable co-workers are indeed some of what is best about working at TT. That said, you point out a number of things that are simply not true. (1) We do not constantly page people. There is an on call schedule that each team manages independently without senior management involvement which is not new after the ‘management change’ to which you refer. The only change is that it was formalized so expectations could be managed as we rolled out the new product over the last 18 months. As you’d expect, people were paged more frequently in the initial months than they are now. The on call schedule has not been an issue that anyone has raised to me in more than a year. (2) Regarding titles and advancement, you are correct that we don’t treat titles as the way to progress your career. Instead, we focus advancement on development of new skills, opportunity to move across teams at TT, or taking on new and different responsibilities. (3) The CEO does not check code into production behind anyone’s back. When he is involved with the product, it’s alongside the rest of the development and testing teams and generally creates excitement that an executive can roll up his sleeves along with the rest of the team. (4) I don’t know why you talk about confusing a buy and a sell. That is a lie and a dangerous one too. You say ‘sell the company already’ and then make false accusations like this that undermine that very notion. If you think there are real defects that need to be addressed, let us know details, but don’t make false accusations like this which damage the equity you acquired while working here. (5) You also say we pressure developers to release new features without valuing stability. Again, this is false and while our pace early on did create too much downstream instability, that was addressed more than a year ago and your information is dated and incorrect. (6) Lastly, and most importantly, you ask why so many talented people are still at TT. Perhaps it is because the culture we’ve rebuilt over the last 2 years and the ability to work on innovative and new technologies while chasing a very bold vision is engaging and rewarding. Combine that with the fact that schedules are incredibly flexible and the benefits are good, and what we find is that people think TT is a great place to put down roots (or keep them down for the surprisingly high % of employees who have worked here for more than a decade). I’ve only been here 2.5 years but that’s how I feel. It’s a great place to work. You accuse them of complacency or some kind of psychological issue but that’s just disrespectful. Along with the ability to deliver results, the only other thing that best determines an individual's success at TT is their ability to contribute to their team and treat their colleagues with respect -- based on the way you talk about your former colleagues here, it's probably best you are no longer at TT.

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Pros

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Cons

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