- loads of bureaucracy and the firm is very cheap with resources which results in nothing getting done
- the firm has made really poor hiring choices at the management level (e.g. the COO they hired from GS lasted like 3 months, multiple CTOs which have all been useless and last 1-2 years,etc.)
- they are forcing 1 year (and longer) noncompetes on junior traders which are particularly prohibitive for their level of experience
- below market payout/compensation compared to the top tier multistrats (you'll never see a successful trader from citadel/MLP come to capula but the reverse will be true, its a one way street)
- complete exodus of whatever little software engineering talent they had resulting in a front office IT team that can barely keep up so whatever projects you have in mind will never get done.
-everyone in risk hates their job and is constantly quitting
- Blotter: it is embarrassing that a 20 billion dollar fund has traders using a 20 year old spreadsheet to book all their trades manually
