KCG Reviews

3.5

61% would recommend to a friend

(115 total reviews)

33% positive business outlook

KCG has an employee rating of 3.5 out of 5 stars, based on 115 company reviews on Glassdoor which indicates that most employees have a good working experience there. The KCG employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

115 reviews
1.0
5 Mar 2016

low morale

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

location, good tech infrastructure, unfortunately as experienced employees leave, fewer and fewer people understand how to utilize it to its full potential.

Cons

Lots of great talent have left. The technology is great but as I said above can be difficult to use. Leadership does not inspire confidence. Generally low morale -- teams seem stagnant and unmotivated. Feedback to management during reviews ignored.

2.0
3 Jan 2014

It's a mixed bag.

Recommend
CEO approval
Business outlook

Pros

KCG is the company that resulted from the takeover of Knight by Getco in the wake of the notorious computer glitch of August 1, 2013, that caused Knight to lose approximately half a billion dollars in a matter of about 20 minutes. Although KCG did not retain most of Knight's senior management, it has retained most of its key producers in its market-making and proprietary trading units. To the extent that KCG retains its Knight DNA, (i.e., its personnel, approach and commitment to client service), the company should do fine. It has divested itself of several peripheral business lines, refocused on its core trading businesses and has global aspirations.

Cons

Of the 12 managers chosen to report to the new CEO, (formerly the Getco CEO), only 2 have Knight pedigrees which is curious in light of how Knight, (the company that Getco absorbed), has client-facing businesses that Getco did not have. For better or worse, KCG will have to live with the stigma of Knight's computer glitch and the multi-million dollar settlement with the SEC that ensued. It will take a while for the industry, the press, and especially for regulators, to separate KCG from the event that led to the demise of Knight (and the creation of KCG).

1.0
2 Feb 2014
Recommend
CEO approval
Business outlook

Pros

Still many many good people, but they continue to leave as a result of the merger

Cons

Since the merger a huge amount of red tape has been introduced. Company no longer is focused on cost and running profitable as it was without Getco at the helm.

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Glassdoor has 133 KCG reviews submitted anonymously by KCG employees. Read employee reviews and ratings on Glassdoor to decide if KCG is right for you.