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Posts on: March 2010

The one lot trader in the index

123 comments / March 24, 2010

Sometimes there’s a serious news story on the Amsterdam derivative markets. Developments within trading firms, stockexchanges or some legal wars. This time it’s a little different. There’s nothing I have but question marks. Received some mail with questions on the one-lot-trader who’s dominating the AEX index options market in the front months, as well asRead more

Decreasing tick sizes

74 comments / March 9, 2010

Euronext announced today to slash the five cent tick size area. Beginning next month on April 1st, all stock options with a value below 50 cents will be trading with a tick size of one cent. This means a market of 0.47 – 0.48 instead of the current 0.45-0.50. The index options will remain unchanged.Read more

The art of firing at IMC and All Options

95 comments / March 3, 2010

There’s a good reason not to laugh at your former fellow traders being fired. You could be next. Especially when you’re working for IMC. After sacking two traders on bonus day, an additional twelve traders were shown the door. Management doesn’t escape from the cost cutting efforts neither, as the Hong Kong and Sydney officesRead more