employer cover photo
employer logo
employer logo

Eclipse Trading

Is this your company?

Eclipse Trading Reviews

3.1

52% would recommend to a friend

(76 total reviews)

Fred Gao

Not enough data to show CEO approval

39% positive business outlook

Eclipse Trading has an employee rating of 3.1 out of 5 stars, based on 76 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Eclipse Trading employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

76 reviews
2.0
Mar 23, 2017
Recommend
CEO approval
Business outlook

Pros

Assuming you're good, you'll be trading live within only 3 months - which is much sooner than pretty much anywhere else. You'll also be trading for one of the main MMs in HK that's sufficiently profitable. If you continue to perform and play your cards right (including playing the political game), you can do pretty well for yourself. Aside from that, you'll also be in HK; which is a great place to live and work. And, finally-as others have mentioned-the games room is a nice perk.

Cons

Unfortunately, the cons outweigh the pros. As I mentioned in the pros, you need to play the political game. You'll soon discover who the guys in the "exclusive club" are. And if you're not in that group, then your career will suffer. Maybe not so much in your early years, but definitely once you've been in the company for a good few years. Aside from that, the culture is fairly toxic. You're pressured into perfection, and even if you achieved that unachievable state, then you'll still be made to feel like you're not doing well enough. That makes it difficult to guage what your true performance is like and adds unnecessary stress to an already stressful job. Then there are your limited exit opportunities. Options MM requires a very specific skill set that's pretty untransferable. But even if you wanted to move to another MM, Eclipse isn't a great name and Eclipse is also very manual in their trading. Most other MMs place great emphasis on automation and would look unfavourably on such a manual trading background. Over the past year, A LOT of people have left or have been fired. And it's very questionable how loyal the firm is to their employees. I'd also like to add that you should take the positive reviews with a grain of salt as Eclipse is well aware of the negative feedback on this site, and they make the traders write super positive reviews multiple times to balance out the negative reviews. Ultimately, it's at your discretion whether you choose to work for Eclipse or not. I'm not disgruntled in any way and just placing this review out of full honesty - I'm confident you'd find what I said true after only a few months at the firm. If you do choose to join Eclipse; work hard, socialise and get into that club. Take initiative, exceed expectations and have thick skin. If you do that, then you'll be able to reap some of the rewards. If it doesn't work out, then it's not the end of the world.

1.0
Feb 22, 2015

Not a legit shop

Recommend
CEO approval
Business outlook

Pros

You get paid while training. There is free accommodation during first month. This is a multicultural company in a city with many expats. Working hours and leave entitlement are good.

Cons

This is a churn and burn boiler shop where more than 70% of the trainees leave within 3 months. Many people gave up good job offers to join this place but get kicked out quickly. Dont make the same mistake as them. The arrogant attitude of how seniors treated newcomers really bothered me. For an electronic market making shop, this place really has dinosaur technology. Even a bank like BNP Paribas has better infrastructure.

1.0
Mar 8, 2023

Think twice

Recommend
CEO approval
Business outlook

Pros

5 word minimum is too long

Cons

- Dynamic and collaborative work environment Static and bureaucratic like a big cooperate. Every year at the review stage, cross-team feedbacks are literally like the Cultural Revolution back in 1960s. - A flat management structure, where everyone's voice is valued Technology is truly flat and only the-one has got the say. Everyone else’s voice is valued in the bin. Your performance self-rating means nothing to the-one but he has got his own notebook or excel file that tracks every single so-called mistake you have made through the year, so that you could enjoy all the blame in one go. Also, some funny terms i.e. option trend were innovated by the-one but forced to use across the teams. - Work life balance within a multi-cultural environment Follow the true work life balance and enjoy a layoff at the end. - Attractive benefits package with discretionary bonus Trapped into a below-market-rate base salary and expect layoffs prior to the bonus season. Bonus? You’re lucky you’re still breathing, let alone able to walk. I suggest you take full advantage of that fact.

Viewing 1 - 3 of 76 Reviews

Glassdoor has 78 Eclipse Trading reviews submitted anonymously by Eclipse Trading employees. Read employee reviews and ratings on Glassdoor to decide if Eclipse Trading is right for you.