CME Group reviews

CME Group's culture closely resembles the culture of a bad high school movie. Everyone who is in the "in-crowd" can expect to receive favorable raises and promotions, in spite of ability. Those who are "outsiders" can forget it. Education and ability are not equally rewarded, while incompetence is handsomely rewarded. And if you have the misfortune of belonging to a minority group, your chances of advancement are nonexistent. Before the misguided purchase of the CBOT, one of the bylines of the CME was "the Exchange of Ideas." Unfortunately, a lot of the prevailing ideas concerning fairness and diversity at the Merc resemble some of the more odious ideas which were prevalent during the 19th century.

This is the worst place to work for, for a good software developer. All the guys who can't program or can't do anything productive get promoted to Associated Directors. Then the same crappy folks are in charge of reviewing the performance of bright developers who do the real work ! It's like an inverse pyramid, they have got the rotten people on top, on an average there are 2 managers for each dev/qa/analyst person. Lot of red tape, politics goes on than real work, with so many Associate Directors it is normal to expect I presume. One person takes the status, another person print it in excel and brings it to the meetings, another person reads it in the meetings, another person takes meeting notes and emails it out. It takes on an average 10 years to build a new system cause of mismanagement and poor or no vision at all, that's why most work is maintenance/support work. All these factors naturally tend to promote mediocrity.