NASDAQ OMX Group Reviews

Updated August 24, 2014
Updated August 24, 2014
82 Reviews

2.9
82 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
52 Ratings

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend (in 5 reviews)

  • Brand recognition, intense work environment, never a dull moment (in 4 reviews)


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

  • Inability to execute - think Facebook IPO (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    nice experience

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

    I have been working at NASDAQ OMX Group

    Pros

    great local team and local management

    Cons

    poor high level/top management and communication to high level

    Disapproves of CEO
  3.  

    positive in some ways - disappointing in others

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

    I worked at NASDAQ OMX Group

    Pros

    leader in space with good technology

    Cons

    confusion on how best to grow the business

    Approves of CEO
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  5.  

    summer intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern
    Former Employee - Intern

    I worked at NASDAQ OMX Group

    Pros

    great pay

    interesting projects to work on

    Cons

    no leadership

    Managing Director does not take the time to give clear directions

    Advice to ManagementAdvice

    provide leadership

    Approves 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.  

    I was an intern this summer

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

    I have been working at NASDAQ OMX Group as an intern for less than a year

    Pros

    -internship program is flexible but provided structure when it was needed
    -bosses expected a lot but also were humans
    -compensation was great
    -exposure to other parts of the company and meeting people was a huge plus. i got to learn about different business units and what they did. shadowing people was encouraged and people were responsive to any inquiries i had about their role, why the liked it, etc.
    -they look to hire their interns

    Cons

    -the internship program is just beginning so managers dont really know what to do sometimes
    -some managers or mentors were too busy for their interns

    Advice to ManagementAdvice

    branding branding branding

    Recommends
    Positive Outlook
    Approves of CEO

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