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Sterling Trading Tech

Engaged employer

Sterling Trading Tech Reviews

3.3

55% would recommend to a friend

(19 total reviews)

49% positive business outlook

Sterling Trading Tech has an employee rating of 3.3 out of 5 stars, based on 19 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sterling Trading Tech employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

19 reviews
1.0
30 Jan 2014

Lost There Way

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are some really terrific employees at the company who hard working and are very knowledgeable. They have a really good idea about the needs of the clients. Unfortunately, they are not appreciated

Cons

•Brazil office closed, employees laid off, no clients, 2 million dollars invested and lost. •They are looking to sub-lease their New York Sales Office. •Management shuns constructive feedback from employees regarding the state of the company and what’s really going on. •Major layoffs in the Chicago office on December 31 with no notice and no severance pay. •The company is carrying too much debt as well as fines for market data violations. •Company lost half of its client base over the past 2 years. •They continue to look for investors to bail them out with no success. The numbers are just not there. Currently, trying to convince Lightspeed to invest.

1.0
12 Jul 2021
Recommend
CEO approval
Business outlook

Pros

Amazing industry, very forgiving and some amazing people in this office

Cons

Awful culture, work late and kiss up if you want to get ahead.

2.0
3 Mar 2017
Recommend
CEO approval
Business outlook

Pros

Great life balance. Office is very laid back. Learn a lot about how physical trading is done. All Chicago departments are fairly accessible and easy to approach. Team mentality in a lot of the department's.

Cons

Management within the company is short-sighted. Decisions are made without input of employees. Products are released that are not even close to being market-ready. PTS is way too top heavy for how small of a company Sterling is. There is no opportunity to make more money or advance within the organization. Some of the management is unprofessional as far as their interaction with both clients and employees. Management does not delegate any work to employees. No compensation for assisting sales team with a large portion of their work. PTS seems to hire based on cronyism and not on knowledge or skills. Pay is very low for the industry. Raises and bonuses are not communicated with employees in a timely manner. Often a roast or bonus will be announced for a quarter and paid 3 months later with no explanation or insight. The platform itself relies on a niche market of traders that are mostly based in China. As the SEC and Finra tighten rules, Sterling will continue to become less feasible from a business standpoint. Benefits are expensive with poor coverage. 401k options are limited with very low matching.

Viewing 1 - 3 of 19 Reviews

Glassdoor has 19 Sterling Trading Tech reviews submitted anonymously by Sterling Trading Tech employees. Read employee reviews and ratings on Glassdoor to decide if Sterling Trading Tech is right for you.