TransMarket Group Reviews

Pros

Good training for new hires

Cons

The firm's either great or awful, depending on which team you end up on. The lucky people who joined early are now managers of the desks, some are great while others have no clue about management, barely shows up to work, and only promote those with glib tongues. The firm also hires high numbers of internationals in need of EB5 and significantly under pay them knowing they are less likely to leave. Very low base salaries compared to the industry. Bonuses are good for those who joined the firm early, but any later joiners are churned after they burn out on overnight shifts. Also, the firm has catered meals so employees work longer, and "unlimited vacation policy" so everyone feels pressured to take none.

Pros

Quiet work environment. They order in decent lunches and breakfast for employees. Nice coffee machine. Location across from Union Station is convenient.

Cons

Almost no women are employed here. 90% men. Lots of people drink on the job. They dress very casual for an office environment, like they are at home doing laundry. They are disorganized and gossipy, but that is most likely because most employees are recent graduates with no prior professional experience or immigrants trying to stay in the country on work visas. These people have no sense of urgency, and then when things aren’t completed “on time” they blame others and pass the buck. They have high employee turn-over. I guess if you want to spend your life staring at a computer all day and drinking, this could be the job for you. If you’re a professional and seek a professional work environment, this place is not for you. Very immature, lack of standard employee policy and training. Poor internal communications. They have a very depressing work culture overall. No one seems happy at this company.

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.

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).

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