MarketAxess

  www.marketaxess.com
  www.marketaxess.com

MarketAxess Reviews

Updated August 31, 2014
Updated August 31, 2014
13 Reviews
2.9
13 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MarketAxess Chairman and CEO Rick McVey
Rick McVey
11 Ratings

Employee Reviews

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  1.  

    Scrappy Company with Talented People

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

    I have been working at MarketAxess full-time

    Pros

    Great compensation and benefits. Lots of opportunities to learn. Nimble software development cycle. CEO is down to earth, fairly accessible and knows the financial trading services industry very well. 401k matching. Lots of flexibility for doctor appointments and personal matters. Fairly pleasant, aesthetically pleasing work environment.

    Cons

    Work-from-home arrangements are generally not allowed. As with any company in midtown Manhattan, you'll either pay very high rent or mortgage to live nearby, or have a significantly longer commute.

    Advice to ManagementAdvice

    Clearly define, document and distribute roles and responsibilities to avoid ambiguity and disputes regarding who is responsible for what. And to avoid the changing of roles and responsibilities, whenever there is a change of management.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Lots of freedom to use newly acquired skills to solve problems

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

    I worked at MarketAxess full-time (more than an year)

    Pros

    Open management and infrastructure teams, cutting-edge technology, and a positive environment.

    Cons

    Not enough analytics/math was seen on my side (although this is probably not true across the firm). Also less European presence than would have been preferred. I enjoy the prospect of working in Europe.

    Advice to ManagementAdvice

    I honestly liked the management to the extent that I couldn't "recommend" that they do something different or better.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good experience, limited growth

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

    I have been working at MarketAxess full-time (more than an year)

    Pros

    Good Work-Life balance, good pay

    Cons

    Limited career growth, limited base salary

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great Experience

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

    I worked at MarketAxess full-time (more than an year)

    Pros

    Full of intelligent people who are great at what they do. The culture fosters learning and growing, while still keeping the organization relatively flat.

    Cons

    Different departments are somewhat isolated from each other. The company could use more events to get people from different departments to meet each other and un

    Advice to ManagementAdvice

    The company could use more events to get people from different departments to meet each other and understand how they all contribute to the overall mission.

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Decent Place to Start

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

    I have been working at MarketAxess

    Pros

    Good Salary
    Ownership of tasks aka freedom to work without much supervision

    Cons

    Little career progression, feel like I need to move companies to progress
    Business/Sales force favored over IT too much for a 'tech company'

    Advice to ManagementAdvice

    Give stock awards to younger/new hires as incentive to stay with/work hard for the company. Market research may help innovation as opposed to reacting to market needs after the fact.

    Approves of CEO
  7.  

    Good Place to Work

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

    I worked at MarketAxess

    Pros

    -Competent Staff
    -Market Visibility
    -Good Technology

    Cons

    -Tough Economy for Fixed Income
    -CDS Platform flop

    Advice to ManagementAdvice

    Hope the economy gets better for you / Volumes

    Recommends
    Approves of CEO
  8.  

    Company Review

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

    I worked at MarketAxess

    Pros

    Good work life balance, save for IT
    Competitive compensation

    Cons

    Change averse, fear of bold initiatives..."what if the clients don't approve?"
    Myopic viewpoints, thinking in the short term
    Culture of distrust
    Very little knowledge sharing, and feedback is scant
    Willing to entertain new ideas and talk about innovation, but action is rarely taken to support it.
    Focus is on minutia, and not critical matters

    Advice to ManagementAdvice

    Make communication more bilateral, especially on the strategic level. The C-level open door policy seems to be more of an espoused value rather than one that is enacted.

    Doesn't Recommend
    Disapproves of CEO
  9. 2 people found this helpful  

    Bad management in the London office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Developer in London, England (UK)
    Current Employee - Senior Developer in London, England (UK)

    I have been working at MarketAxess full-time (more than 8 years)

    Pros

    Free milk and coffee
    work/life balance is quite good

    Cons

    - clients left MAEurope due to the poor services. i.e. platform crashes quite often
    - liquidity providers use Bloomberg or Tradeweb because they are cheaper.
    - Project Manager in London has tied hands. Technology is managed by MA-US
    - They continuously hire no qualified people. (no knowledge of Credit Markets, CDS, SEF, MTS)
    - Head of MAEurope changes once every two years.
    - Lots of gossiping and bad environment i.e. very frustrated employees, no team work, etc.
    - According to clients, platform will disappear in the long run because the new platforms in the market use new technology and are cheaper.
    - Don't expect good bonuses in London, on the contrary.
    - Poor career progression.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    I enjoyed working at MA

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

    I worked at MarketAxess

    Pros

    Best peers to work with.
    Small company means better paid and good perks
    Good opportunity for a career growth for freshers

    Cons

    senior management does not give an opportunity for their team to grow sometimes

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 2 people found this helpful  

    poor career progression

    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer
    Former Employee - Senior Developer

    I worked at MarketAxess full-time (more than 8 years)

    Pros

    - Met good colleagues to work with
    - easy hours

    Cons

    - Current climate does not help: clients do not use the system, instead they use the phone/Bloomberg chat to get best price.
    - poor liquidity offered
    - limited product offered
    - Competitors are ahead MarketAxess (i.e. Bloomberg)
    - Technology/system needs to be improved/updated to market standards.

    Advice to ManagementAdvice

    -Senior Management should listen more to clients and product managers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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