Chicago Board Options Exchange Reviews | Glassdoor

Chicago Board Options Exchange Reviews

Updated March 12, 2017
22 reviews

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4.0
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Chicago Board Options Exchange CEO Edward T. Tilly
Edward T. Tilly
6 Ratings

22 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. "Great Experience"

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

    I worked at Chicago Board Options Exchange as an intern (Less than a year)

    Pros

    Had an excellent supervisor who really looked out for me and made sure that I was learning a lot.
    Senior management met with interns and really valued our opinions and ideas about how to improve the company.
    Education: We were given the opportunity to learn about many areas of the company and tour similar firms.
    Free coffee shop

    Cons

    Not all interns had the opportunities I had, depended heavily on department and manager. The office was a bit dated and not very nice. Pay is a bit low for interns. CBOE doesn't hire directly out of their intern pool so no full time opportunities, but they indicated this may change.

    Advice to Management

    Great intern program, make sure there is more structure.


  2. "Good place to work"

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

    I worked at Chicago Board Options Exchange full-time

    Pros

    Friendly corporate culture and good learning opportunities

    Cons

    lack of clear career path


  3. "CBOE review"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Can learn a lot in low latency trading if you take all the opportunities. Good life-work balance. Generous 401K match.

    Cons

    Production support. Business strategy is in flux recently, leading to instability of jobs.


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


  5. "Old school work culture"

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

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

    Pros

    Work life balance
    Not much of a bureaucracy
    Talented people
    Diverse workforce
    Chance to meet CEO face to face
    Friendly work culture

    Cons

    Old school work culture
    Recently bought another exchange and will be downsizings soon
    Slow Career growth
    Old technologies
    Lacks top down communication


  6. "System Operations"

    Star Star Star Star Star
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Chicago Board Options Exchange as an intern

    Pros

    Learned a lot about Options and how the CBOE operated

    Cons

    Had too much busy work


  7. "Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Ponte Vedra, FL
    Current Employee - Software Engineer in Ponte Vedra, FL
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Successful and innovative company, great team-oriented environment, variety of projects, no pointy-haired bosses.

    Cons

    Still considers itself a bank, no technical career ladder, outsourcing of new projects, 24/7 support requirements.


  8. "Director"

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

    I worked at Chicago Board Options Exchange full-time

    Pros

    Great people and great company

    Cons

    May be bought by larger competitor soon


  9. "CBOE Intern"

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

    I have been working at Chicago Board Options Exchange as an intern (Less than a year)

    Pros

    The pros of working at CBOE include:

    - Work life balance
    - Professional education
    - Positive environment

    Cons

    The cons of working at CBOE include:

    - Outdated office
    - Very old school company


  10. "N/A"

    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

    I have been working at Chicago Board Options Exchange full-time (More than 5 years)

    Pros

    Great place to work in the financial markets space.

    Cons

    Perhaps slow to respond to competitor exchanges.

    Advice to Management

    N/A


  11. Helpful (2)

    "With all the quirks, it's a good company to work for."

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

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

    Pros

    Good benefits. Good people. Reasonable pay.

    Cons

    Management can be arrogant and uncooperative.

    Advice to Management

    Listen to the people in the trenches who are doing the work.



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