Phlx Reviews

Updated 3 Feb 2016

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3.0
43%
Recommend to a Friend
100%
Approve of CEO
Phlx President Thomas A. (Tom) Wittman (no image)
Thomas A. (Tom) Wittman
1 Rating
  1. "Trading"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook

    I worked at Phlx full-time

    Pros

    Great people, location and made many friends

    Cons

    high stress and the benefits not up to par

  2. "Family business"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Neutral Outlook

    I worked at Phlx

    Pros

    Good scale projects and very good colleagues.

    Cons

    Its a Family business, therefore odd working environment.

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  3. "It was a Great company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    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.

  4. "Good place to work, second class citizen to headquarters though"

    3.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Programmer Lead in Philadelphia, PA
    Approves of CEO

    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

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  5. "Dead end"

    1.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Lead Developer in Phila, PA
    Doesn't Recommend
    Disapproves of CEO

    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.

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  6. "good business model but bad technology"

    3.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Project Manager in Philadelphia, PA
    Disapproves of CEO

    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.

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