Chicago Board Options Exchange Reviews | Glassdoor

Chicago Board Options Exchange Reviews

Updated March 10, 2017
23 reviews

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3.0
Star Star Star Star Star
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Approve of CEO
Chicago Board Options Exchange CEO Edward T. Tilly
Edward T. Tilly
2 Ratings

23 Employee Reviews

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Pros
  • Good work life balance and great co-workers (in 11 reviews)

  • Good benefits & compensation, favorable hours (in 5 reviews)

Cons
  • Not enough career growth potential (in 5 reviews)

  • Lot of emplasis on production support (in 4 reviews)

More Pros and Cons

  1. "DIrector Business Development"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Chicago Board Options Exchange full-time

    Pros

    Healthcare Benefits and Paid Time Off

    Cons

    Work/Life Balance could be improved


  2. Helpful (1)

    "In Limbo"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Chicago Board Options Exchange full-time

    Pros

    Work life balance is great, friendly Midwest polite coworkers, nice HR events, decent benefits, great location, looks good on a resume

    Cons

    The company is in the process of acquiring another exchange and you can feel the misery as soon as you walk through the door. Many are concerned about their jobs and there has been little done to ease those fears. Unless you're one of the few with an office you're just another chump in a cubicle and your voice really doesn't matter. If you have the right manager you can have a good experience here but overall, you're not really seen or valued as an individual. Very top down and hierarchical, old fashioned and unwilling to change. Hostile to women, who only make up a third of the company.

    Advice to Management

    Diversify your upper management. Provide clear paths for advancement. Don't lie to new hires and say they can grow there. It's a place for lifers, might as well be the government.


  3. "good one"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    good place to work walkble from union station

    Cons

    little old tech need to look for better technologies


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Systems Develoment Mgr"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Never boring always new challenges, some flexibility with project assignments

    Cons

    Competing demands on resources constantly

    Advice to Management

    None


  6. "engineer"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    smart people, hours are good

    Cons

    too many lifers, not as much opportunity as I would like


  7. "Very old school"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Stable company - volatility in market is good for them. Good benefits

    Cons

    No career growth, long hours from production support, very old school


  8. "Not a bad company, sad to moved to another company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regulatory Analyst in Chicago, IL
    Current Employee - Regulatory Analyst in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Work life balance
    work was very interesting

    Cons

    low pay compared to market average
    lack of communication from management

    Advice to Management

    Don't know, they eliminated most positions by outsourcing to FINRA.


  9. "No challenge"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager
    Current Employee - Manager
    Doesn't Recommend

    I have been working at Chicago Board Options Exchange full-time (More than 8 years)

    Pros

    No pressure most of the time. relative stable.

    Cons

    No challenge; Not a good learning environment; Management want to get work done but doesn't care about the quality. Salary is lower in the market.

    Advice to Management

    Upper management needs to provide more opportunities for employee's career and growth. The salary/benefit is not competive to attract/retain skilled people


  10. Helpful (1)

    "Learning Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investigator in Chicago, IL
    Current Employee - Investigator in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great environment. No clockwatchers but work must be done. Training and Development is great for newcomers.

    Cons

    The pay is low and as a result people tend to leave once they have a few years under their belt.

    Advice to Management

    Employee retention should be addressed.


  11. "Examiner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Chicago Board Options Exchange full-time

    Pros

    Big learning curve, challenging, looks great on your resume, great people

    Cons

    TONS AND TONS of mandatory training that will eat up your weeks, below average pay



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