Compare Two Sigma vs Jump Trading BETASee how working at Two Sigma vs. Jump Trading compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Two Sigma vs. Jump Trading. Learn more about each company and apply to jobs near you.
- Two Sigma scored higher in 5 areas: Overall Rating, Work-life balance, Culture & Values, CEO Approval and % Recommend to a friend.
- Jump Trading scored higher in 4 areas: Career Opportunities, Compensation & Benefits, Senior Management and Positive Business Outlook.
What Employees Say
- Two Sigma had 7 more reviews than Jump Trading that mentioned "Smart people" as a Pro.
- "Growing pains" was the most mentioned Con at Two Sigma.
- "Long hours" was the most mentioned Con at Jump Trading.
I have been working at Jump Trading full-time for more than a year
Lots of smart people work here. The pay is pretty much as high as you could as for in the IT world. Pre-COVID, company had free food every day and employed baristas to keep your caffeine cravings... satiated. Health and benefits are top notch. The technology used at the company is generally well structured and implemented, except for a few legacy pieces of infrastructure that are needlessly and hopelessly complicated. Most employees strive for excellence in all work, which leads to generally high-quality products. Folks who don't care about quality tend to not last long here. There are many interesting problems to solve. There is never a shortage of work to be done, and being on the cutting edge of high frequency trading is a pretty cool gig, even if the work has no greater societal meaning. Don't worry, the pay will make the ultimate meaninglessness worth it.
Oh yeah, the meaninglessness of it all. Who cares if we trade faster? Doesn't do anyone any good except for our own. All we really do comes down to skimming money off of less sophisticated traders,... taking advantage of market inefficiencies, and beating our competitors. It's a rat race with no clear goal. We don't provide any value to society, only leech off of it. The environment can be extremely high pressure, depending on who manages you. Everyone is bonus-driven which means that managers can and do push you hard to churn out more work. The high pressure environment means tempers flare quite often, so you need to have somewhat of a thick skin. That's something I wasn't prepared for. My skin is still getting more calloused. Lots of smart people means lots of inflated egos. People want you to agree with their opinions and if you don't, they'll put in a bad word about you to your manager. Even my own manager has trash talked me. I see the more senior folks condescend greener employees for not agreeing with them, and often pull the card of "I've been doing this longer than you, so you're wrong and should feel bad." Is it toxic? Yes. Yes it is. Oh, you wrote this really cool library that lots of people in the community use? Cool. That doesn't give you a right to be a self-righteous @$$, especially to your greener employees. Don't expect to climb the ladder, because there is none. It's more like a stepping stool. There are 3 or 4 people above me to the owners of the firm. You can move sideways, but almost never upwards. Unless you're a superstar, your salary won't increase much every year, but that's partly because it's already so high to begin with. No one is your friend here. Sure you can be friendly, but keep your cards close and don't wince. Weakness of any kind can be exploited, so be prepared to have them exposed. It's more of iron sharpening iron, and I've noticed that the people that learn how to navigate this... erm... heated environment... tend to come out of it as some of the absolute best programmers and sys admins on the planet. If you can make it here, you can make it anywhere.
Advice to Management
Tell your managers to chill. It makes your employees unhappy when you squeeze every last ounce out of them, and then dangle bonuses as a reason to work harder. Yes we should work hard, and yes... bonuses should be performance-based, but you should emphasize more your employee's happiness. Teach your managers how to be empathetic. If you're going to hire newly graduated college students, at least inform them that the culture is intense and that they're not stupid for not having 10+ years of experience like everyone else. Give more positive affirmations to employees. It's a huge drain when your manager is a slave driver. Show appreciation for the hard work your employees actually do. Appreciation is few and far between at this company, and a large salary can only do so much.