Chicago Board Options Exchange Reviews | Glassdoor

Chicago Board Options Exchange Reviews

Updated September 6, 2017
66 reviews

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66 Employee Reviews

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

  • It is very laid back and not stressful at all (in 5 reviews)

Cons
More Pros and Cons

  1. Helpful (2)

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

    StarStarStarStarStar
    • 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.


  2. "operations analyst"

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

    I worked at Chicago Board Options Exchange full-time

    Pros

    First class organization with excellent benefits

    Cons

    Amount of talent restricted upward mobility

    Advice to Management

    Keep pressing

  3. "Mixed bag"

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

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

    Pros

    Freedom to be creative and diversity of work

    Cons

    Poor communication channels and no real opportunity to convey views to upper management


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

    StarStarStarStarStar
    • 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.


  5. "A nice place to work"

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

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

    Pros

    Hands-on managers, supportive environment and relatively good life-work balance

    Cons

    The salary is not very competitive.


  6. "No challenge"

    StarStarStarStarStar
    • 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


  7. "Average Employer"

    StarStarStarStarStar
    Current Employee - Systems in Chicago, IL
    Current Employee - Systems in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Relaxed Office atmosphere, employees are good people.

    Cons

    Work is not always challenging.

  8. "Its a good place to work if you don't want to work hard."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL
    Neutral Outlook

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

    Pros

    No stress. Its very laid back.

    Cons

    Its hard to get anything accomplished. Systems and procedures are very outdated and no one cares to update them.


  9. "Generally a pleasant place to work, however talent varies greatly across various teams"

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

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

    Pros

    depending on team, could be working on really interesting problems with bleeding edge technology
    politics are minimal
    people are generally nice

    Cons

    production support can be bad
    depending on team, could be using really outdated technology


  10. Helpful (1)

    "Old School Tech Company but Great People and Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Challenging work, teamwork essential, good money and benefits, and a variety of work projects. Production support can be stressful but is only about 25% of your job. Results-based management style, very technically strong management (no pointy-haired bosses here!).

    Cons

    There is only one promotion ladder, so the best programmers eventually end up being managers, directors, or VPs, unless you don't want a raise. Permanent positions are being eliminated and replaced by offshore (and onshore) outsourcing and contractors.

    Advice to Management

    You are very weak on advanced technology training. Teach me JDK 8, Python, or open-source projects that will eventually make our development cycle, QA installation procedures, and ultimately our trading systems more efficient.


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