Large parts of Europe are closed this Monday. It’s time to celebrate the “Monday of the Holy Spirit” also known as “the second day of Pentecost”. During this sunny day the shops are usually closed, and it may be difficult to buy a set of fresh barbecue meat. However, the financial markets are open. Basically,Read more
Apart from a few rare exceptions, the desks of the derivative trading firms are occupied by an all-male workforce. In the good old trading days in the pit, at the turn of the last century, some female traders did exist, though – and they used to be excellent traders as well.Caught another example of anRead more
Euronext is finally ready to introduce the one-cent tick size in the Amsterdam stock options market. This Premium Based Tick Size plan has been postponed for a while, the crisis curbed their enthusiasm in November 2008. Seven months later the united market maker lobby has achieved some success as well. The threshold has been setRead more
Forget the creepy predictions about Tokyo-style deflation. The predicted inflation in the Euro zone in five years has been rising to the highest level this year. Not predicted by some Brussels government agency, but based on the difference between the yields on inflation protected bonds and conventional bonds. In five years the predicted inflation forRead more
