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      Fastmarkets

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      Fastmarkets reviews

      Enjoyed it in the beginning but... - Anonymous employee Fastmarkets Employee Review

      3.0
      Jun 25, 2023
      Anonymous employee
      Recommend
      Business Outlook

      Pros

      I loved working at Fastmarkets before it was Fastmarkets. The vision is good - they truly want to deliver useful and objective information to market participants.

      Cons

      Naturally, the acquisition process introduced a new structure, new and complex distribution of work, and inability to move fast and pivot. The growth meant you were working with people across timezones on a daily basis and you have to compromise a lot to ensure work gets done. It is just that the steps to make the vision come to fruition were painful, especially during COVID. The size and eco-system just aren't my cup of tea.

      avatar
      Fastmarkets Response
      2y
      Thank you for sharing your feedback and leaving a review on Glassdoor. We appreciate your input and value your perspective on both the pros and cons you've mentioned. We're glad to hear that you love our company's vision and have a strong desire for delivery of objective information. Our commitment to providing accurate and reliable information is at the core of what we do, and we appreciate your dedication to this mission. We understand that the acquisition process and the subsequent introduction of a new structure can bring about changes and challenges. Transition periods can often involve adjustments and complexities as we align different teams and work-streams. We acknowledge your concerns about the impact on speed and ability to pivot. Please know that we are actively working to address these challenges and streamline processes to enable more agility within the organisation. We appreciate your feedback as it helps us identify areas for improvement. If you have any specific suggestions or ideas on how we can simplify the distribution of work and enhance our ability to move fast and pivot, we encourage you to reach out to our HR department or share your insights with your manager. We value your input and are committed to creating a more efficient and adaptable work environment. Thank you again for your feedback and your dedication to our company's vision. Your insights contribute to our continuous improvement efforts, and we are grateful to have you as part of our team.

      Explore other reviews about Fastmarkets

      5.0
      Mar 13, 2024
      Price reporter
      Recommend
      Business Outlook

      Pros

      Lots of room for career advancement. Good transparency from management. Good work flexibility

      Cons

      Work can be stressful and demanding as some prices are used in clients contracts.

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      Fastmarkets Response
      2y
      Thank you for your 5-star review. We value the time and effort you have put into providing feedback. We are pleased to see your favorable comments regarding opportunities for career advancement and the transparency exhibited by the management team. In response to your observation that work can be stressful, I recommend reaching out to your line manager and/or HR Lead to discuss potential solutions that may alleviate this issue. Once again, thank you for your review.
      2.0
      Apr 25, 2026
      Reporter
      Recommend
      Business Outlook

      Pros

      disappearing rapidly. all the old reasons to work here are being stripped away

      Cons

      The company was bought by private equity, who set unreasonable growth goals as an excuse to not pay out bonuses or give raises anymore. Fastmarkets' CEO has become obsessed with the former CEO of a competitor, who singlehandedly destroyed the competitor's standing in the markets (they lost all their crude benchmarks due to his poor leadership). But for some reason the current Fastmarkets CEO has overlooked all that and slavishly does whatever the retired CEO recommends. Which seems to be triple all the pricing and drive away all the customers (just like at his old company!) while making the company a worse place to work every day. The desperation is obviously growing internally as the company is stripping itself clean like a chicken bone to fake higher and higher profits every quarter, and employees are given more punitive administrative tasks every month to prove they are providing value. Goals change suddenly without warning, and employees are expected to meet rising goals even while not being allowed to attend industry events because of budget cuts. One year I watched the marketing team have total turnover 3 times in a single year, leading to very chaotic conference events. Sales is given ever-higher goals in completely saturated markets, making it impossible to succeed. At one meeting the sales team bragged about its growth by saying the oldest employee had been there for 60 days - a fact that should be raising alarm bells instead of praise. Pay rates are chaotic and unfair, with younger and less experienced workers sometimes making up to 50% more than longer-term employees. Do not settle for an offer here less than $105k because that is what they are paying new market reporters with hardly any experience - and you will need higher income to offset the risk of joining this company. Fastmarkets is a ticking time bomb for the private equity to strip it and sell it for parts, which means no more jobs for anyone.

      3
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      Fastmarkets Response
      1mo
      Response from Raju Daswani, CEO, Fastmarkets Thank you for sharing your perspective. I recognise that periods of significant change can feel unsettling, particularly when expectations evolve quickly, and I want to respond personally. Fastmarkets is being led with a clear, long term view: to build a resilient, high quality, market leading business. As part of that, I deliberately seek input from experienced advisors — both from within and outside our sector — who have led organisations through growth, disruption and transformation. We do this to learn broadly: from successes, from mistakes, and from contrasting experiences. That diversity of perspective strengthens our judgement and helps us avoid repeating the errors others have made. And while we have grown significantly over the last few years and have newer team members, we have many team members with 15-20 years’ experience and more! Operating in highly competitive markets requires tough decisions around pricing, investment and priorities. Those decisions are not about short term optics, nor are they driven by any single external influence. They are grounded in protecting the long term integrity of our benchmarks, delivering value to customers, and ensuring Fastmarkets continues to thrive as a business with a future. That said, feedback like this is important. Even when I disagree with the framing, it highlights where we must do better — particularly in how clearly we explain change, how consistently we set expectations, and how well we connect decisions to long term opportunity for our people as well as the company. I appreciate you taking the time to share your views. Raju Daswani Chief Executive Officer Fastmarkets
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