TransMarket Group Reviews | Glassdoor

TransMarket Group Reviews

Updated November 7, 2017
39 reviews

Filter

Filter

Full-timePart-time

3.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Doug Adams
15 Ratings

39 Employee Reviews

Sort: PopularRatingDate

Pros
  • Great office culture - laid back but competitive (in 6 reviews)

  • You will learn a lot about high-frequency trading and financial services (in 3 reviews)

Cons
  • Mentors may not be technical, so you really have to be a self-starter and be able to work projects to completion with minimal guidance (in 2 reviews)

More Pros and Cons

  1. "Trader"

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

    I worked at TransMarket Group full-time

    Pros

    - Great technology
    - Market access

    Cons

    - Monthly expenses above market


  2. Helpful (1)

    "trader"

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

    I worked at TransMarket Group full-time

    Pros

    solid company, smart people, mobility

    Cons

    none I can think of

  3. "Software Development Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer Intern
    Former Employee - Software Developer Intern
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really intelligent people, cool culture, free breakfast, lunch, and dinner, free cereal and soda,

    Cons

    There aren't really any cons.


  4. Helpful (9)

    "Pathetic compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Algorithmic Trader in Chicago, IL
    Current Employee - Algorithmic Trader in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at TransMarket Group full-time

    Pros

    Free lunch is nice, some smart people, annual ski trip benefit.

    Cons

    If you are a STL (Algo Trader) be prepared for sub par payout and to be out compensated by "RV" traders. RV traders are the jock old school type of traders who actually just turn on the trade and do nothing else. Also you only get paid 50% of your bonus. I think this is the case for everyone at transmarket.

    If you are a competent programmer, I would never come here of you can avoid it. Seriously. You'll be out earned by all of your classmates who went to real trading firms.

    Advice to Management

    Management is pathetic. Just trust me on this one and don't come here.


  5. Helpful (5)

    "Intern"

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

    Pros

    good training, company outings, great culture

    Cons

    not a lot of guidance sometimes


  6. Helpful (5)

    "World Class Trading Firm"

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

    Pros

    Excellent relative value trading firm built for the long run. Our CEO Doug Adams does a tremendous job managing risk and treats all employees fairly. The people and the culture are the key behind TransMarket Group's success. Individuals are creative, ambitious, and always strive to do things better. A select few are truly world class in their discipline. Our firm has an entrepreneurial, team-oriented culture and is highly meritocratic. Training program is one of the absolute best on the street.

    Cons

    If you're interested in job titles, this is not the place for you. TransMarket Group doesn't have the same name recognition as a major investment bank. Management doesn't spend money on expensive office space (would rather allocate the money to employees in year end bonuses).

    Advice to Management

    Keep doing what you're doing


  7. "trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trader in Chicago, IL
    Former Employee - Trader in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    good place to learn. very comfortable and convenient. good place to start. tasty food by the way. hope i can stay there longer so that i can learn more and be more proficient

    Cons

    no cons at present. it gives me enough time and knowledge. hope i can stay there longer so that i can learn more and be more proficient

    Advice to Management

    no advice at present, since the management is good and makes everything convenient

  8. Helpful (9)

    "RV Trader"

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

    I worked at TransMarket Group full-time (Less than a year)

    Pros

    Get to walk around on a carpet that looks and feels like dirt while eat food (which is actually ok if you like carbs).

    Cons

    Does not value teamwork or you as much as they will claim during your interviews. They are also extremely arrogant in their strategy. It is an extremely simple strategy that will one day stop working with no one smart enough there to implement a new one, assuming it does not blow them up. Pay is way better at other firms, do not let them fool you into thinking this is the best place in the world to work for.

    Advice to Management

    Grow up, do not act like children and stop thinking your invincible; you are taking more risk than you think.


  9. Helpful (1)

    "Review of TMG"

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

    Pros

    Casual environment, no dress code.
    Catered lunch daily.
    Energetic atmosphere.

    Cons

    Lack of direction.
    Poor communication from management.
    Long work day.

    Advice to Management

    While the atmosphere really works, more structure is needed. The recruiting, interview, and promotion processes need some standardization.


  10. Helpful (3)

    "Still trudging along"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trader in Chicago, IL
    Former Employee - Trader in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Casual work environment. Access to good trading programs.

    Cons

    Little training and possibly unrealistic expectations to advance.

    Advice to Management

    Value employees, they are people.


Showing 39 of 52 reviews
Reset Filters