Jump Trading reviews

4.2

78% would recommend to a friend

(221 total reviews)

Matt Schrecengost

83% approve of CEO

69% positive business outlook

Jump Trading has an employee rating of 4.2 out of 5 stars, based on 221 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Jump Trading employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

221 reviews
4.0
Jul 23, 2020

A highly respected organization and brand

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The firm's brand commands tremendous respect amongst competitors, brokers,exchanges and regulators. High standards in business conduct globally and always looks to set a higher bar. - When mistakes happen, culture is less of blaming and more of a "lets understand what happened and make sure it doesn't happen again". - Big spenders on technology investments - Quantitative powerhouse in Futures - Excellent pay - Good regular communication from leadership to the entire global organization about what's happening - Incredible investment in college recruiting and training programs. - Hyper competitive drive to be #1 in the HFT industry.

Cons

- Has grown so much that making an impact is difficult. With the pie not growing as much, everyone's fighting for a larger piece of the pie, driving a political culture. - Weak in Equity Options and Equities (compared to Futures) - Questionable performance review methodologies. - So much back office "fat". Too many random roles and too little accountability. - Zero diversity in management.

4.0
Jun 20, 2023
Recommend
CEO approval
Business Outlook

Pros

1. It's more like a high-tech company rather than a financial industry company. 2. The company is filled with brilliant people. 3. Generous compensations and good benefits. Cash bonus, and employee investment opportunities etc. 4. Good learning opportunities for technologies. Lots of company infrastructures are open to everyone. Just need to worry if you have enough time to learn. 5. Lots of daily office perks. Company parties are usually held in very prestige locations. 6 work / life balance is decent. In normal cases, do not need to work long hours for core teams. 7 many offices in the world. Good experience to visit offices in different countries.

Cons

1. very brutal competitions between trading teams. Trading teams trade similar products and use similar technologies. Talking between teams needs to very careful. 2. generally boring but demanding daily tasks. For a period of time, you will feel every thing is new. After a while, it's easy to get bored about daily tasks. To improve competition, it's involved with shaving off a few CPU instructions in the fast path or improving the prediction accuracies by a few percent. 3. less opportunities for newcomers. The firm had a very good foundation of software infrastructures. It left very little room to improve. so new projects are more related to bug fixes or tiny features improvements. 4. waste of top talents. After a few years, besides the bank accounts, those top talents spent their life in pretty meaningless optimizations or tiny works. No real impacts are generated to the external world. In the long run, these feelings will come back and make you doubt about your work even life. 5. The firm favors new graduates from top universities too much. They only held campus interviews in five or six ivy league or top tech universities. Sometimes, it will make regular joes uncomfortable working with so many top school talents.

3.0
Jul 12, 2022
Recommend
CEO approval
Business Outlook

Pros

Back in the day it was probably the best place to work in the world. Amazing work environment and culture. Management was incredibly effective in getting things done quickly, and lots of room for growth. I joined because it felt like a true tech company. It was small and nimble and highly energetic place to work.

Cons

If you're not in one of the top teams, you're pretty much a second-class citizen starved of resources. Even the top teams now are huge, and it might be very difficult to make a difference. I've left years ago, and it's a really bad sign that pretty much all really talented people I admired have also left. Personally, I faced tremendous resistance to new ideas. Mind you, this was not management's direct fault, but rather part of my team's culture. Maybe at other teams it was better. There were some truly toxic people there as well, but they'all gone by now. Management should have fired these people much sooner than they did. Unless you're in a top team, you will not be allowed to trade the most profitable markets, such as crypto and China. Overall support for the compute cluster and operations is also degraded. These are all just annoying headwinds... it's almost like they do not really want you to succeed. It seems that political skills are far more important than technical skills nowadays at Jump. There is definitely a political upper class at Jump. If you can somehow manage this and are skilled at constantly stroking people's fragile egos, you might do well there. On an even sadder note - some people who have recently joined Jump expressed some disappointment at the technical abilities of people at the top. Politics Skills over Technical Skills

Viewing 16 - 18 of 221 Reviews

Glassdoor has 291 Jump Trading reviews submitted anonymously by Jump Trading employees. Read employee reviews and ratings on Glassdoor to decide if Jump Trading is right for you.