Phlx Reviews

4 Reviews
3.0
4 Reviews

Recommend to a friend
Approve of CEO
(no image)
Thomas A. (Tom) Wittman
1 Rating

Employee Reviews

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  1.  

    It was a Great company to work for

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

    I worked at Phlx

    Pros

    Good people, family-like atmosphere, good compensation, very technology-oriented, interesting business to be in, lots of opportunities.

    Cons

    Not in business any more. They were too good and too attractive to other companies to stand on their own.

  2.  

    Good place to work, second class citizen to headquarters though

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Programmer Lead  in  Philadelphia, PA
    Former Employee - Programmer Lead in Philadelphia, PA

    I worked at Phlx

    Pros

    1. Nice location from hustle of headquarters in NY
    2. Long serving employees from PHLX
    3. Good options knowledge
    4. Good salary

    Cons

    1. Growth gets stunted on technical ladder
    2. Second class citizen treatment compared to NASDAQ OMX headquarters in NY since PHLX is an acquired company even though options business earns good revenue for the mothership

    Advice to ManagementAdvice

    1. Make options business top priority and encourage employees with growth
    2. Streamline options businesses in different branches across world.

    Approves of CEO
  3.  

    Dead end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Lead Developer  in  Phila, PA
    Former Employee - Lead Developer in Phila, PA

    I worked at Phlx

    Pros

    You could learn business well, some related technologies, definitely good for resume. Some systems are such a stupid mix of everything that some people that touched them could pretend to be gods.

    Cons

    No way to grow except for brown noses. Lots of self inflicted problems. Management forces down technical decisions without listening to pros.

    Advice to ManagementAdvice

    Quit and never try to manage anybody or anything. And never touch anything related to computers or has CPU inside.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    good business model but bad technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Project Manager  in  Philadelphia, PA
    Current Employee - Project Manager in Philadelphia, PA

    I have been working at Phlx

    Pros

    learn derivatives trading model. high speed low latency trading system. access to a number of trading firms and explore their trading strategies.

    Cons

    no new technologies introduced and was lagging behind on the technological innovation. phlx had a very bad choice of technology for trading platform.

    Advice to ManagementAdvice

    please get feedback from employees and embrace change

    Disapproves of CEO

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