Anyone has experience with Geneva Trading?

Hi, and thanks in advance.

Title pretty much says it. I Got an offer from Geneva Trading in Chicago and wondering if anyone can shed some light.

I just started interviewing trading related roles not long ago. Just got a call this morning and Geneva is willing to extend an offer as junior trader (new grad no experience). So I have some questions before moving forward:

1) I haven't start talking about money yet. I'll start intern/training during my last quarter and start full time after graduate. I understand the starting salary probably won't be high to begin with, but I wonder how low it is? I had someone told me that they pays "shitty", and I wonder if anyone can confirm/rebut this claim? And what range should I be expecting?

2) I have seen Geneva's name pops up here and their. It seems they are at least reputable to some degree. I know this is not like Optiver/TMG but how good/bad is Geneva in the industry?

3) any other general comment on Geneva as well? Especially the technology and automatic/algo side? My impression is they are not big on automatic/algo from my interview, but any other info is appreciated.

Many thanks guys! I'll buy a bear to anyone who's in Chicago and willing to provide some suggestions ;)

 

Well most likely I'll buy a beer not a bear. And definitely not the BEAR.

Also, please excuse my typos. I'm on my phone :(

.....too lazy to write anything down here.
 

hey, I am also looking at the trainee program for Geneva in Dublin, Ireland. I wanted to know what the structure is for trainees. I just completed another traineeship in London but I cant stay living in London and wanted to find something in Dublin. These guys seem to be a good firm. I would like to find out if there is a salary for trainees. \ 1. Salary/ Comiss for trainees? 2. For graduating up to trader, what are the fees or is there a basic salary? What is the compensation package they offer? By doing the program I want to lower my risk ratio and up my win rate. Basically lifting my risk reward ratio overall. Thanks T

 

Know someone who traded there. Salary data on glassdoor is pretty accurate. Have also heard the traders themselves may have to supply at least a portion of the capital for some duration of time. When you start racking up your Sharpe ratios, become experienced, etc. that goes away. Not a top-tier shop, but that doesn't matter. Go where you can become an experienced trader and the rest will follow

 

Temporibus consequatur quis qui. Sint error aut quibusdam magnam officia saepe. Velit nisi nisi dolorem praesentium. Laudantium neque ratione libero commodi. Ducimus facere doloribus voluptatem cum. Debitis quasi velit aut laborum quia ut impedit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”