Startup culture / Financial software trading company - Software Engineer MarketFactory Employee Review

3.0
Aug 7, 2012
Recommend
CEO approval
Business Outlook

Pros

Small size, marketing department was really strong. The founders were very well connected to the people in the industry

Cons

This company didn't have a long term view. The work culture just became so hostile that I decided to move on..

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MarketFactory Response
11y
We're so sorry to hear that you found the work culture hostile. We take great pride in the culture of our company and do our best to foster an exciting, fun, and open culture and we're disappointed to hear you felt you needed to move on. The team has continued to evolve and grow over the last couple of years and we think we've done a very good job of making sure this is a great place to work (and keeping it that way). We appreciate your comments on our marketing department, as that is always a focus of ours.

Explore other reviews about MarketFactory

5.0
Feb 5, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The company has great potential in this space as there is no single company that does FX IT well - Very smart group of and experience people which you get to work directly with - Everyone's work has an impact to the bottom line - Very dynamic environment which makes the day to day more interesting - Direct access to very senior counterparts and banks, hedge funds and ECNs - The culture is Improving overtime as the team scales

Cons

- Live trading is a tough IT environment to run - Very demanding clients since we are running live trading environments - You can feel all of the stress of a trading as if you were working on a trading floor

1
1.0
Oct 20, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Free lunch one day a week * The current director of software development is a mensch (I worked with him when I was there). He is committed to doing the right thing despite the general toxic nature of the company. * The paychecks haven't bounced yet * Many interesting problems to solve

Cons

When I worked at MarketFactory there was no work-life balance. From system startup Sunday afternoon at noon NY time until Friday 5pm NY time we lived in fear of two things: the unstable technology doing something to prevent a customer from using it and the whims of the CEO, Darren Jer. It's also worth noting that all system deploys and maintenance happened between 5pm Friday and noon on Sunday, so forget about things like "summer Friday" or a relaxing Sunday if you work at MarketFactory. At least when I was there. Maybe it's better now, but I doubt it. Darren is a hostile, manipulative guy, a horrible manager, not a leader, and he has anger management issues. When I was at MarketFactory, there was no culture to speak of and no effort to create a comfortable, inclusive environment. If you work at MarketFactory be sure to set boundaries with Darren. You'll definitely need to manage up. It's also worth noting that they had trouble retaining sales and marketing people, and that almost the entire customer success team in NY quit during 2017. Darren will say "those people self-selected out" or "they never were A players anyway" but the one common denominator in all this is Darren. Make your own conclusions.

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