NASDAQ OMX Group Reviews

Former Employee – worked at NASDAQ OMX Group

Pros – leader in space with good technology

Cons – confusion on how best to grow the business

Former Employee – worked at NASDAQ OMX Group

Pros – great pay

interesting projects to work on

Cons – no leadership

Managing Director does not take the time to give clear directions

Advice to Senior Management – provide leadership

Current Employee – been working at NASDAQ OMX Group

Pros – Big company with global appearance. Strong competitor in the industry.
Strong products with steady portion of market shares.
Good benefit package.

Cons – Senior management lacks of leading skills especially in the technical department . Too much overhead costs. The merge with OMX did not go well.

Advice to Senior Management – Reorganize the product line. Trimming the overhead cost, especially the senior management and VP level management. Emphasize the client-oriented business model.

No, I would not recommend this company to a friend

Current Employee – been working at NASDAQ OMX Group

Pros – The name carries a lot of weight in the financial industry. NASDAQ is the largest and most advanced electronic trading system in the entire world. Mostly everything is written in Java.

Cons – Its in the cutthroat financial industry. The hours are horrible, and you are pretty much always at work and on call for every position. You have a home office, soho, and blackberry that are required to be accessible.

Advice to Senior Management – Management needs to do a better job of helping the workers mesh with each other. There needs to be some serious team building exercises.

Former Employee – worked at NASDAQ OMX Group

Pros – The organization is relatively flat. Management can give a lot of freedom to employees.

Cons – Staff experience tends to be low and there are lots of infrastructure problems because people aren't clear on what they are trying to achieve. Competent people will probably find themselves over worked, but in the Nasdaq team these people also might have an advantage to rise quickly.

Advice to Senior Management – Invest in quality and reward quality work.

Former Employee – worked at NASDAQ OMX Group

Pros – Nasdaq OMX has quite a bit of dedicated, bright and interesting employees. Morale is pretty good even through trying times for the financial sector. If you're good at what you do, job security is almost guaranteed.

Cons – Former management was far more cerebral. The company seems to be more interesting in acquiring companies than perfecting its existing organization. Managers don't seem particularly dedicated or concerned about developing talent or career mobility for better employees.

Advice to Senior Management – Start to invest more in the employees. Ensure that there is more consistency across departments in the ways that workers are treated, evaluated and compensated.

No, I would not recommend this company to a friend

Former Employee – worked at NASDAQ OMX Group

Pros – It's a great learning environment and dedicated people. Excellent exposure to high profile individuals and issues confronting Wall Street. It is an outstanding brand and it is great to be tackling issues fundamental to the the economy. Good equity participation opportunities.

Cons – Competitive forces created many rounds of layoff/reduction-in-force. It can lead to depressed morale and a lot of work for those left over. Nature of the business lends itself to a lot of competition from ECNs. Lots of pressure and long hours. There are high expectations and sometimes not as high appreciation for delivery.

Advice to Senior Management – Clearer expectations about how to make a difference to the bottom line. While communication of overall strategy was good, it would have been better to know how to make a difference to those solve problems in the 'ivory tower'.

Yes, I would recommend this company to a friend

Former Employee – worked at NASDAQ OMX Group

Pros – Excellent group of colleagues to work with. As a Relationship Manager I had the ability to network with Senior Leadership at the companies I supported. Very satisfying from that standpoint.

Cons – Senior management in the Corporate Client Group is dysfunctional at best. A lot of back-stabbing and half-truths. Up was down and down was up. You get the picture.

Advice to Senior Management – Promote the good people else all you'll end up with are the rats. Your assets (or some of them, anyway) walk out of the building every day. Treat them better or they'll continue to leave.

No, I would not recommend this company to a friend

Former Employee – worked at NASDAQ OMX Group

Pros – Fair compensation and a global environment. Forward-looking senior management always keeps the company moving ahead and there are always many positive opportunities in the pipeline.

Cons – Fierce internal competition for little reason
General lack of well deserved recognition
Senior management is too busy to be engaged with those doing the work to understand the inner workings of their teams
Extremely scarce resources are often poorly directed
Many long tenured staff in middle management create an artificial glass ceiling for the next generation achievers and as a result they often leave because their superior contributions go unrecognized

Advice to Senior Management – Take a good look at who is actually producing for you and take a chance on those people. Perpetuating legacy will not take the company to the next level. Sometimes the real leaders of a team are the ones being "managed." You should have the insight and courage to bring them up to the roles they deserve, regardless of how long their boss has been there or any other factors. You need to own your claim of having a performance culture.

No, I would not recommend this company to a friend

Former Employee – worked at NASDAQ OMX Group

Pros – In general, I'd consider nasdaq omx to be a good place to work. I felt that emnployees were treated well and compensated very fairly based on their contribution. It is a company that is constantly looking for new ways to generate revenue, and it provides far more services to its clients than you would normall associate with a stock market. Because of this, I feel that there is opportunity to make an impact by helping create new business.

Cons – At the time I was working there, NASDAQ seemed to be overly concerned with acquisitions, which seemed to distract the company from its core mission.

Advice to Senior Management – None.

Yes, I would recommend this company to a friend