Chicago Board Options Exchange

www.cboe.com

Chicago Board Options Exchange Reviews

Updated December 31, 2014
Updated December 31, 2014
39 Reviews
2.8
39 Reviews
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Chicago Board Options Exchange Chairman and CEO Bill Brodsky
Bill Brodsky
18 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    Engineer

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

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

    Pros

    Pay is good. Location is good.

    Cons

    Some management levels do not have a proper training to understand how to be a good manager.

    Advice to ManagementAdvice

    Go to a class to learn how to be a good manager.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    It was interesting and not too much pressure.

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

    I worked at Chicago Board Options Exchange full-time (more than 3 years)

    Pros

    good work life balance and benefits

    Cons

    too much politics and difficult to move up

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Solid company.

    • 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 10 years)

    Pros

    Good benefits & compensation, favorable hours.

    Cons

    Some weak middle management. and decision making.

    Advice to ManagementAdvice

    Listen more to employee concerns.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Engineer

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

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

    Pros

    Laid back environment, learn at your own pace. Lots of things to learn if you want to. Some nice and helpful people.

    Cons

    Rigid structure, no outside trading, old technology. Opportunity to grow and get promoted few.
    Lot of emplasis on production support. Too much complex system.

    Advice to ManagementAdvice

    Technology is your brain and heart and future , treat them with respect.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Summer Intern

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

    I worked at Chicago Board Options Exchange full-time (less than a year)

    Pros

    You are teamed up with a department and are able to learn the ins and outs. The people at the CBOE are amazing and helpful. Great experience in the Financial Industry

    Cons

    No cons. You also take classes through the options institute which can be challenging at times but you learn a lot and earn a certificate.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great Operational Experience

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

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

    Pros

    Predictable hours aside from pager duty. If you are pursuing an evening higher educational degree, this is a great place to work. The culture respects employees and offers tuition reimbursement with some restrictions.

    Cons

    There are no opportunities to telecommute. You have to be at the office every day. Moreover, it does not offer many promising career growth paths.

    Advice to ManagementAdvice

    Need to provide more opportunities for promotion from within.

    Recommends
    Positive Outlook
  8. 2 people found this helpful  

    Underpaid, Overworked

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

    I have been working at Chicago Board Options Exchange

    Pros

    Regulatory Division is severely understaffed so there is plenty of work to go around. Regulatory sector of the Securities industry is the one sector that is actually expanding, a job in the regulatory division at an exchange is a great resume builder for a future job at a private firm.

    Cons

    I feel as if Senior Regulatory management is under-educated. Most of them have moved up the ladder because of their complacency with their jobs rather than their work. CBOE is bringing in over qualified investigators/examiners at entry levels but they are lawyers, CPA's, ex-Market Makers while senior management lacks advanced degrees.

    Advice to ManagementAdvice

    Although CBOE is now a publicly traded company and has to respond to shareholders their regulatory division needs too beef up their staff. Also try to retain some talent, try paying your employees more and they would stick around rather than work there for 5 years and jump for the first private firm compliance department that shows any interest.

    No opinion of CEO
  9. 1 person found this helpful  

    Great place to work

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

    I have been working at Chicago Board Options Exchange

    Pros

    CBOE has the ability to recognize your strengths and lets you achieve your full potenial while balancing work and family

    Cons

    At times the CBOE may take some time to make changes. But like most large firms change sometimes can take awhile

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Great Work-Life balance, No micromanaging, relaxed

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

    I have been working at Chicago Board Options Exchange

    Pros

    Work Life Balance, Great co-workers, very laid back

    Cons

    sometimes to laid back, pay is slightly below market

    Recommends
    Approves of CEO
  11.  

    Awesome place to learn and work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Internal Audit Intern in Chicago, IL
    Former Employee - Internal Audit Intern in Chicago, IL

    I worked at Chicago Board Options Exchange

    Pros

    Great people work there. Everyone relaxed and chill. 40% foreign work staff.

    Cons

    No music in bathroom and can hear every noise made. Do not go to bathroom around lunch hours.

    Advice to ManagementAdvice

    Play music in bathroom to drown out noises.

    Recommends

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