Chicago Board Options Exchange

  www.cboe.com
Work in HR? Unlock Free Profile

Chicago Board Options Exchange Reviews

Updated Jun 02, 2014

Be The First To
Add Photos

All Employees Current Employees Only

3.3 34 reviews

79% Approve of the CEO

Chicago Board Options Exchange Chairman and CEO Bill Brodsky

Bill Brodsky

(14 ratings)

68% of employees recommend this company to a friend
14 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Examiner

    Anonymous Employee (Former Employee)

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

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

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    So far so good

    Regulatory Analyst (Current Employee) Chicago, IL (US)

    ProsLife flexibility, work environment, benefits and great options for financial training.

    ConsSalary is low compared to other competitors and certain attitudes of people should go.

    Advice to Senior ManagementCommunication! Everyone does their own thing that leads to a lot of misunderstandings. Accountability would also help, no one really steps up to take initiative.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Investigator

    Investigator (Current Employee) Chicago, IL (US)

    ProsSolid work-life balance
    Interesting prop products

    ConsCompensation is not up to par with industry expectations
    The Regulatory Division is the red headed step child of the exchange.
    Some of the higher ups are stuck in the open outcry years and really don't understand the "new" way of trading.
    Higher ups are prone to "not invented here" bias and generally look more at a person's title instead of the persons knowledge on a given subject. This is big with rank and file who may have advanced degrees (MBA/MSF/JD) or specialization (former MM) and yet are shut down by middle and upper middle management who has longevity over actual knowledge of a case/rules/way of trading.

    Advice to Senior ManagementMake an effort to say hello. Perhaps the heads of the exchange may want to go over to the reg side once a month to show his face. Generally make people feel a bit more wanted. Duh.

    Pay market rate (CME/FINRA). If you keep saying you do a better job than FINRA then take care of your employees like FINRA does.

    Understand that some people may know more about a given subject even though their title may not show it. You know what? Get rid of titles they are worthless in that organization - some of the higher ups don't know how a contract gets filled electronically so how can you expect them to be effective regulators?

    Give a clear path for advancement and give middle management the opportunity to be more flexible - and get rid of those who have no business being in management in the first place.

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place for IT technical work

    Engineer, Systems Development (Current Employee) Chicago, IL (US)

    ProsGood salary, great benefits, good people. Lot of opportunity to learn and grow technically

    ConsNo much opportunity for career growth.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    good for experienced workers

    Anonymous Employee (Former Employee) Chicago, IL (US)

    Prosmost people stay at this organization a really long time, good benefits and connections can be made, good location in the city

    Consnot a young company, pretty traditional as with a lot of finance organization and resistant to change, not the best place to get your start

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great opportunities and learning experience.

    Anonymous Employee (Current Employee)

    ProsGreat team work within the department.

    ConsDifferent departments did not work well with other departments. Opportunities for advancement and training should be based on merit.

    Advice to Senior ManagementFix the issue first, bring parties together for an after action report and stop the blame game.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Phone Screen interview

    Anonymous Employee (Current Employee)

    ProsCompany with a good reputation, all seem warm and nice.

    ConsLike most interviewer, leveling people on there knowledge detail of a language, or a small thing, ignore the ability of more important thing, like the ability to write complicate programs.

    Advice to Senior ManagementNext time interview people, prepare some problem to check prospector's IQ, not memory.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    My experience is that this is a place where people stay for a long time. They come in, do their jobs and leave.

    Anonymous Employee (Current Employee) Chicago, IL (US)

    ProsIt is very laid back and not stressful at all. The hours and work/life balance are excellent and most departments are pretty flexible.

    ConsPay is low compared to the industry. There is no internal methods for motivation. You must be self motivated. I have found a lot of things that are wrong or don't get done becasue there is very little communication. Promotions seem to be based on time not performance.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    It was interesting and not too much pressure.

    Investigator (Former Employee) Chicago, IL (US)

    Prosgood work life balance and benefits

    Constoo much politics and difficult to move up

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Engineer

    Engineer (Current Employee) Chicago, IL (US)

    ProsLaid back environment, learn at your own pace. Lots of things to learn if you want to. Some nice and helpful people.

    ConsRigid structure, no outside trading, old technology. Opportunity to grow and get promoted few.
    Lot of emplasis on production support. Too much complex system.

    Advice to Senior ManagementTechnology is your brain and heart and future , treat them with respect.

    Yes, I would recommend this company to a friend

Worked for Chicago Board Options Exchange? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.