Bids trading - Hostile environment - Anonymous employee Cboe Employee Review

1.0
May 8, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

CBOE pay is good. good vacations.

Cons

note this review is not for CBOE but Bids trading that got merged 2 years back. It has small company mentality. If planning to join bids, do not get fooled by big name CBOE. Bids trading culture is hostile. People yell at you in meetings. New joiners will experience favoritism. Poor management skills. Occasionally employee experience humiliations in meetings. In short, toxic work environment. People constantly push each other under the bus. Not worth your time, and the salary is on the low side. Very important note, if you get to join CBOE and not bids trading then GO ahead. CBOE is the best company to work with.

Explore other reviews about Cboe

5.0
Jun 1, 2026
Recommend
CEO approval
Business outlook

Pros

- Great Team - Good Culture - Nice Work-life balance

Cons

- High turnover at times but overall good experience

2.0
May 3, 2026
Recommend
CEO approval
Business outlook

Pros

Cboe used to be one of the best places to work with an exceptional culture, largely due to the former COO and all-around amazing human being, Chris Isaacson, who unfortunately retired early. Maybe he knew the cuts were coming and didn't want to witness the destruction of one of his greatest accomplishments. We miss you, Chris. The work was fun and challenging, There are interesting technical problems to work on alongside really smart and devoted colleagues. Compensation was generous and above average.

Cons

I've never seen a company's culture fall so fast. In only a year, the new CEO Craig Donohue is turning a once great company into a toxic culture where morale is very low. The smart people will move on to better jobs, and the devoted people will stop caring. Craig has demonstrated again and again that he doesn't care about employees, he only cares about shareholders. The company is making record profits so it's not a case of "difficult decisions had to be made". It's a case of "we're okay with making employees miserable in order to increase our profit margins by 2%". Craig doesn't understand that it was the culture that made Cboe so successful. We worked so hard, we executed so flawlessly, because we believed in the company and the company believed in us. All of that has changed.

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