NASDAQ OMX Group

  business.nasdaq.com
  business.nasdaq.com

NASDAQ OMX Group Reviews

Updated December 9, 2014
Updated December 9, 2014
96 Reviews
3.1
96 Reviews
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NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
62 Ratings

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend (in 7 reviews)

  • Brand recognition, intense work environment, never a dull moment (in 6 reviews)


Cons
  • Some of senior management are not that bright; others are excellent (in 11 reviews)

  • Upper Management have no clue on the business area I worked under (in 5 reviews)

More Highlights

23 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    From great to I'm not sure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Analyst in New York, NY
    Current Employee - Systems Analyst in New York, NY

    I have been working at NASDAQ OMX Group full-time (more than 5 years)

    Pros

    Great group of people who are very talented and smart work at NASDAQ.

    Cons

    No clear direction and very thin staff makes for difficulty in keeping things running up to par with how things should be.

    Advice to ManagementAdvice

    Put money into more development and talent. It will pay off

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Down to the earth working environment

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

    I have been working at NASDAQ OMX Group full-time (more than 3 years)

    Pros

    It depends on which floor or department you're with, you can wear jeans and sneakers to work.

    Cons

    Your boss may not know what you're doing so you may not be appreciated.

    Advice to ManagementAdvice

    Some jobs need to be done by more than two persons for controlling purpose. Having only one person works on certain things may help to save cost but will risk running into errors.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Enjoyed sw development, 24*365, lousy physical environment, lots of pressure, interesting problems.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Shelton, CT
    Current Employee - Anonymous Employee in Shelton, CT

    I have been working at NASDAQ OMX Group

    Pros

    The NYC office is doing interesting development in Linux, pay and options can be pretty good if you happen to be one of the favored folks.

    Cons

    Many developers are on call 24*365 even when on vacation, long days, weekend presence often mandatory. The open plan offices in NYC and CT are noisy and non-developers are often on the phone, meetings take place all over. Tough place to concentrate, but many can work from home.
    Regular "downsizing".

    Doesn't Recommend
    Approves of CEO
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  5. 1 person found this helpful  

    Overwhelming

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Systems Reliability Engineer in Philadelphia, PA
    Current Employee - Systems Reliability Engineer in Philadelphia, PA

    I have been working at NASDAQ OMX Group

    Pros

    Competitive compensation
    Good Vacation accrual
    ESPP
    High amount of flexibility in choosing what to work on
    Work with intelligent, thoughtful coworkers
    Solve interesting problems

    Cons

    Poor Management
    Not much opportunity for advancement
    Every man for himself type of organization

    Advice to ManagementAdvice

    Listen to the feedback of your employees and use that information to effectuate change within the organization, make each group more efficient and streamlined and you boost profits for everyone.

    No opinion of CEO
  6. 1 person found this helpful  

    It's nice to say you work for NASDAQ OMX

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Systems Analyst in New York, NY
    Current Employee - Systems Analyst in New York, NY

    I have been working at NASDAQ OMX Group

    Pros

    The name carries a lot of weight in the financial industry. NASDAQ is the largest and most advanced electronic trading system in the entire world. Mostly everything is written in Java.

    Cons

    Its in the cutthroat financial industry. The hours are horrible, and you are pretty much always at work and on call for every position. You have a home office, soho, and blackberry that are required to be accessible.

    Advice to ManagementAdvice

    Management needs to do a better job of helping the workers mesh with each other. There needs to be some serious team building exercises.

    Approves of CEO
  7.  

    For a subsidiary of Nasdaq

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager II in San Francisco, CA
    Former Employee - Project Manager II in San Francisco, CA

    I worked at NASDAQ OMX Group

    Pros

    The organization is relatively flat. Management can give a lot of freedom to employees.

    Cons

    Staff experience tends to be low and there are lots of infrastructure problems because people aren't clear on what they are trying to achieve. Competent people will probably find themselves over worked, but in the Nasdaq team these people also might have an advantage to rise quickly.

    Advice to ManagementAdvice

    Invest in quality and reward quality work.

    No opinion of CEO
  8. 2 people found this helpful  

    Politics and legacy over performance and ability

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Rockville, MD
    Former Employee - Anonymous Employee in Rockville, MD

    I worked at NASDAQ OMX Group

    Pros

    Fair compensation and a global environment. Forward-looking senior management always keeps the company moving ahead and there are always many positive opportunities in the pipeline.

    Cons

    Fierce internal competition for little reason
    General lack of well deserved recognition
    Senior management is too busy to be engaged with those doing the work to understand the inner workings of their teams
    Extremely scarce resources are often poorly directed
    Many long tenured staff in middle management create an artificial glass ceiling for the next generation achievers and as a result they often leave because their superior contributions go unrecognized

    Advice to ManagementAdvice

    Take a good look at who is actually producing for you and take a chance on those people. Perpetuating legacy will not take the company to the next level. Sometimes the real leaders of a team are the ones being "managed." You should have the insight and courage to bring them up to the roles they deserve, regardless of how long their boss has been there or any other factors. You need to own your claim of having a performance culture.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Nasdaq: Captalisms shining beacon of ho-hum

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Wouldn't You Like to Know in New York, NY
    Current Employee - Wouldn't You Like to Know in New York, NY

    I have been working at NASDAQ OMX Group

    Pros

    There are few if any in this country who have a similar skill set who get to do what I do and get a decent salary with nice benefits and get a bonus on top o that.

    Cons

    Senior management are overall pretty human, but the select C-level have the attention span of rabbits when it comes to the common employee gripes. And it always seems like you are one mistake away from unemployment, eben when things are goin well for the overall company. Never a word of positive feednack, but loud criticism for the most minute of mistakes. Definitely micro-managing and reactionary managment.

    Advice to ManagementAdvice

    You set the agenda, but your employees are the fuel that fires the engine. Do more to ensure that morale stays high, Press your managers to be honest about who really deserves some recognition and stop allowing them to keep rewarding their flunkies.

    Recommends
  10.  

    Some bugs to work out, but not all bad.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Developer in Trumbull, CT
    Former Employee - Developer in Trumbull, CT

    I worked at NASDAQ OMX Group

    Pros

    They spent a lot of money on brand awareness, that could work in your favor when looking for a new job. Seriously though, it's a good place to start out and definitley a place where change can happen. The company is very dynamic and open to cultural change, you just need to have the fire in you to go and initiate change.

    Cons

    Long hours for one. Two is that sometimes you'll finish a project on time, and it works well, but the sales side can't figure out how to sell it and it will die on the vine. I also wouldn't classify the company as Entreprenurial. The technical support staff leaves a lot to be desired as well. I was alsways dumbfounded at the lack of familiarity the support staff has with the product lines that customers are calling in for. In one case someone actually anwsered the phone with the greeting, "INET NASDAQ how can I help you?" Is that the standard greeting for tech support for market makers? Does that guy even know what company he works for? Is there any standardization at all going on with call scripts?

    Advice to ManagementAdvice

    I would try and untangle the data products business line from the market data side. They, by design of the organization, have been placed directly at odds with each other. As a result, there is fierce competition between the two groups to the point of duplicated efforts, poached sales lists, and anti-productivity. I've even gotten the notion on some calls that one line will intentionally not release a product even if it's a good idea and has a solid business case just because they don't want to deal with the other. In my opinion, one solution to this problem would be to merge the groups.

    The marketing group also may need to be decentralized but controlled by a small group to ensure that the efforts from each product line adhere to branding starndards and a unified marketing message. What's going on now is that it's so locked down and centralized that it's almost impossible to get a both accurate and creative market message out regarding a new product. The marketing area should also be responsible for the analysis of the statistical data generated from the marketing vehicles that are being used. There is pretty much no standardization of the way market collects this data across the marketing vehicles to judge things like response rates to certain types of advertising, visits and user data from the various websites (and there are many). Again, this is only my opinion, but there doesn't seem to be a solid handle on all of the market data points coming into the company from all of the marketing venues. This is severely hindering the cross sellability of all exisiting gproducts as well as the impact of getting new customers roped in. There is also a lot of money being spent by the marketing team to outsource the creation of a lot of the verious ad materials and not enough time spent talking to the customers/business lines/technology side to get a handle on what the product actually sells to the customer so an effective marketing piece can be created. This area needs to be revamped.

    Technology is also a little dicey, but not nearly as bad as it could be. It's biggest threat is (and probably always will be) that there is a culture of "my way is the right way" and it centers around job security. If there was a reward system in place for rewarding innovation rather than empire building, that may help. Also, there is a clear tactic that seems to have gotten a lot of traction (right before I left anyway) which was used by some senior managers on the technology side This tactic would be to create a crisis and then solve it in order to remain visible. It seems that visibility is where the pot of gold lies for the management and staff. This leads to stress on the empployees (which could account for the low morale in some way and wasted money in the form of hours spent solving problems that are blown out of proportion. In my opinion, this type of crisis management can never lead to a smoothly running operation where innovation and actual capitalism can allow the business to grow.

    Doesn't Recommend
    Approves of CEO
  11.  

    not a bad place to work if you are lucky work in the good team

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer in Sydney (Australia)
    Former Employee - Software Developer in Sydney (Australia)

    I worked at NASDAQ OMX Group full-time (less than an year)

    Pros

    Relax working env, good people, good career prospective, HR training.

    Cons

    Some people are very hard to work with.

    Advice to ManagementAdvice

    listen more to new employees

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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