27 Feb 2016
Might as well change the name to Stunk Trading or even Sunk trading
Anonymous employee
Sun Trading
Acquired by Hudson River Trading
Is this your company?
Sun Trading Reviews
3.2
49% would recommend to a friend
Kevin Cuttica
42% approve of CEO
39% positive business outlook
Sun Trading has an employee rating of 3.2 out of 5 stars, based on 55 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sun Trading employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).
Reviews by job title
55 reviews
3.0
11 May 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).
1.0
4 Mar 2016
Recommend
CEO approval
Business outlook
Pros
There is a fundamental humour in some of the actions and decisions coming out of HQ management. It is bizarre but it makes us laugh. So that is a good thing - the culture is one where people can look at bizarre and see something positive or funny in it. My coworkers are nice.
Cons
1. You are either on the inside or not. If inside, then you are protected. If not, then you are on your own. 2. No teaming, collaboration, vision, leadership, management. 3. No innovation. 4. All talk, no action. 5. Traders are it - no other teams matter and are slowly getting displaced. Traders are also always right and never make mistakes. Mistakes are a result of other teams messing up. And you will get blamed early and often. 6. Bad morale 7. Very weak performance 8. Friends of CEO and owner control everything and no one else can offer suggestions 9. Leadership is completely clueless and not accountable 10. Inexperience across all groups and units especially in the C-suite 11. Still stuck in an environment from 10 years ago 12. Competitors eating our lunch (and dinner) 13. Perks are non existent 14. Benefits are below average for the industry 15. No training provided 16. No mentor ship 17. No career plan 18. No ability to speak up 19. Fear based culture 20. Weak compensation and bonus (very below average) 21. Bad trading teams continue to exist because they are friends of the CEO/owner (see 8). These are not cut but other areas are destroyed in the name of cost control. 22. No information sharing 23. Luck not strategy is the reason Sun has survived so far.
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