Chicago Board Options Exchange

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Chicago Board Options Exchange Reviews

Updated March 4, 2015
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3.3
28 Reviews
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Chicago Board Options Exchange Chairman and CEO Bill Brodsky
Bill Brodsky
14 Ratings

28 Employee Reviews

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  1. Generally a pleasant place to work, however talent varies greatly across various teams

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Chicago Board Options Exchange (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    depending on team, could be working on really interesting problems with bleeding edge technology
    politics are minimal
    people are generally nice

    Cons

    production support can be bad
    depending on team, could be using really outdated technology

  2. Old School Tech Company but Great People and Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer
    Current Employee - Software Engineer

    I have been working at Chicago Board Options Exchange full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Challenging work, teamwork essential, good money and benefits, and a variety of work projects. Production support can be stressful but is only about 25% of your job. Results-based management style, very technically strong management (no pointy-haired bosses here!).

    Cons

    There is only one promotion ladder, so the best programmers eventually end up being managers, directors, or VPs, unless you don't want a raise. Permanent positions are being eliminated and replaced by offshore (and onshore) outsourcing and contractors.

    Advice to Management

    You are very weak on advanced technology training. Teach me JDK 8, Python, or open-source projects that will eventually make our development cycle, QA installation procedures, and ultimately our trading systems more efficient.

  3. Good place to start career, learn about financial markets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at Chicago Board Options Exchange full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Commitment to being a leader in its industry.

    Good work-life balance

    Co-workers are committed to building a great franchise

    Cons

    Very political. Never sure if you have angered the wrong person, and hearing about it coming back on your review.

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  5. Good place to work

    Current Employee - Quality Assurance Engineer in Chicago, IL
    Current Employee - Quality Assurance Engineer in Chicago, IL

    I have been working at Chicago Board Options Exchange full-time (More than 8 years)

    Pros

    Good Place to work and learn

    Cons

    Need to update new technology

  6. Helpful (1)

    Learning Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investigator in Chicago, IL
    Current Employee - Investigator in Chicago, IL

    I have been working at Chicago Board Options Exchange full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great environment. No clockwatchers but work must be done. Training and Development is great for newcomers.

    Cons

    The pay is low and as a result people tend to leave once they have a few years under their belt.

    Advice to Management

    Employee retention should be addressed.

  7. A great environment for potential. Plenty of different departments to learn from

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Systems Operator in Chicago, IL
    Current Employee - Lead Systems Operator in Chicago, IL

    I have been working at Chicago Board Options Exchange full-time (More than 3 years)

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Flexible work schedule, Knowledgeable people, and great benefits. There are opportunities for personal growth.

    Cons

    Occasionally there can be a lot of politics involved between different departments and communication can be dropped sometimes. Also, a lot of high pressure situations

  8. Helpful (4)

    look elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Chicago Board Options Exchange full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    good location in downtown Chicago

    Cons

    Management is not the best

  9. Helpful (5)

    think long and hard

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Chicago Board Options Exchange

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    good stepping stone but do not expect to develop a 21st century career heer

    Cons

    prepare for abuse, management is incompetent

    Advice to Management

    get rid of the lifers

  10. Investigator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Chicago Board Options Exchange full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great learning opportunities if you are proactive and very helpful people throughout the organization.

    Cons

    Not enough career growth potential

  11. So far so good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regulatory Analyst in Chicago, IL
    Current Employee - Regulatory Analyst in Chicago, IL

    I have been working at Chicago Board Options Exchange full-time (More than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Life flexibility, work environment, benefits and great options for financial training.

    Cons

    Salary is low compared to other competitors and certain attitudes of people should go.

    Advice to Management

    Communication! Everyone does their own thing that leads to a lot of misunderstandings. Accountability would also help, no one really steps up to take initiative.

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