Firing spree at IMC Amsterdam

10 Apr 2014

SuperdoeiNot afraid to admit it, I have read it first in the comments here. It has been confirmed : IMC has sacked 23 employees last Wednesday (April 9th).

Some traders, some IT staff. That’s around 10% of the headcount in Amsterdam being shown the door. Add up the folks who left after pocketing their bonus two weeks ago. There must be a lot of empty desks in the office.

And is it me, or does IMC have a new website?

183 Responses to Firing spree at IMC Amsterdam

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anonymous

April 10th, 2014 at 10:51 pm

first

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Anonymous

April 10th, 2014 at 11:07 pm

First loser

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anonymous

April 10th, 2014 at 11:10 pm

IMC hires and fires like it trades. Huge volume for tiny edge.

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anonymous

April 11th, 2014 at 12:17 am

How’s Tibra doing ?

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anonymous

April 11th, 2014 at 12:38 am

i think imc website has been there for few weeks atleast?

also, it’s well known jack is not a fan of imc, but to devote a whole post on annual imc firing is just waste even for your time

rob n pot, for coming year, why don’t you keep getting rid of couple people every month, it’ll keep everyone on toes whole year round, no sugar high and lows during bonus period and no pesky amsterdam trader blog bitching

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Anonymous

April 11th, 2014 at 3:36 am

Maven > Tibra EU in rev and profits

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anonymous

April 11th, 2014 at 3:57 am

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anonymous

April 11th, 2014 at 7:42 am

Williamson back in the press. Does that guy ever shut up?

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anonymous

April 11th, 2014 at 8:37 am

He is free to express his view.

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anonymous

April 11th, 2014 at 9:59 am

anyone else wanna show off their giant balls?

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anonymous

April 11th, 2014 at 10:01 am

“I don’t see why the mums’ and dads’ long-term investment strategy should necessarily take precedence over someone else’s short-term strategy,” he says

he clearly don’t know how politicians operate

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anonymous

April 11th, 2014 at 10:39 am

At least they renovated their rented office space for several millions which is empty now….

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anonymous

April 11th, 2014 at 12:07 pm

reminds of you vdm’s office relocation before their end

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anonymous

April 11th, 2014 at 1:50 pm

lol that article can’t even get people’s background right: Clint and Campbell were from the IMC faction, not Optiver

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anonymous

April 11th, 2014 at 1:58 pm

Take it easy fella, that author is likely not as bright or as highly pay as you are

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anonymous

April 11th, 2014 at 2:01 pm

The author clearly shows how much an idiot he is when saying:

“wrote a sequence of programming code to improve its trading speed from 80 milliseconds to a staggering 0.5 to 1.5 milliseconds.”

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anonymous

April 11th, 2014 at 3:14 pm

is Campbell still at Tibra London? And by the way, the best part of Tibra is the IMC-DNA, Optiver only brings troubles… IMC can be honoured by this.

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anonymous

April 11th, 2014 at 3:15 pm

‘it’s well known jack is not a fan of imc’

not really true, jack is simply an objective professional journalist.

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anonymous

April 11th, 2014 at 3:31 pm

he is not the only idiot around

someone got more insight on improvement from 80ms to 0.5-1.5ms?

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anonymous

April 11th, 2014 at 3:33 pm

yes, jack is simply an objective professional journalist when it comes to reporting on imc, he got absolutely no hard feeling for all the torture they put him through last year

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anonymous

April 11th, 2014 at 3:35 pm

imc don’t need their dna in a failed mm, they just need to bring their level of moaning and complaining down, it’s just painful and def not good for long term prospects

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anonymous

April 11th, 2014 at 3:37 pm

Perks at Tibra were good and included an in-house massage service and eight weeks of annual leave.

may it rest in peace

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Anonymous

April 11th, 2014 at 4:00 pm

> Clint Maddock and Campbell Norwood were from the IMC faction, not Optiver
And Christian King too.
Hi all! tovo

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anonymous

April 11th, 2014 at 4:36 pm

define tovo

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anonymous

April 11th, 2014 at 6:23 pm

Volumes on Eurex and Euronext are lowest they have ever been. Most money in all firms coming from US and then Asia in that order.

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anonymous

April 11th, 2014 at 6:29 pm

Trouble with IMC is that they have no senior people with true management and leadership skills, so when they think they’re not achieving their desired targets they can only resort to firing people. They believe the problem lies with staff, always. They do not understand the multitude of factors which contribute to success, and which you need to actively manage. At one point they started to hire some good, experienced managers and leaders but then fired them for not singing to the company tune. Sure, IMC make money form time to time, but they’re not a good example of a well run organisation with happy staff.

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anonymous

April 11th, 2014 at 7:10 pm

Why would anyone want to still work for a company that has a policy to fire people every year just-because.

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anonymous

April 11th, 2014 at 7:52 pm

“is Campbell still at Tibra London?” nope

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may it rest in peace

April 11th, 2014 at 9:03 pm

Got enough capital, tech and young blood to make it through. Won’t be the juggernaut they were perceived to be in 07-08 but will do ok, much better than most firms folding in coz of no technology.

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anonymous

April 12th, 2014 at 12:39 am

financial markets and trading are direct derivative of general health in economy, what else do you expect from eurex/euronext in eurozone compared to their american and asian counterparts

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anonymous

April 12th, 2014 at 12:51 am

firing people is not last resort mate, it’s very much a hygiene requirement in financial markets, if you can’t keep up and don’t wanna leave yourself, well then we’ll open the door for you, nothing personal, work hard at next shop. This is a people’s business, the problem of course lies with the wrong people in the organization and the dead wood needs to be removed regularly. Which other multitude of factors towards success are you talking about?

Of course IMC is not well run firm and multiple suggestions of their short termism is not good in long run, unhappy and backstabbing culture doesn’t help

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anonymous

April 12th, 2014 at 12:53 am

Have you looked at the unemployment rate? If you get a job in IMC you take it, if you get something better you can always leave later on

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anonymous

April 12th, 2014 at 12:57 am

mate if tibra is rocking and rolling, good for them, resting in peace is nothing personal, companies fail all the time, you can build a new one, not a problem

and as for impression of juggernaut, stop deluding yourself about that, maybe in the oldskool dutch town

and stop comparing yourself with other shitty places to look better relatively speaking, get real once in a while

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anonymous

April 12th, 2014 at 6:36 am

Hi! A newbie here. Why do all these HFT MM firm have HQ in the Netherlands and Amsterdam in particular? Is there any particular tax or politics related reason?

Thanks

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anonymous

April 12th, 2014 at 7:58 am

It’s legacy from the traditionally active option market icw Dutch culture. Easily adapting to changing markets, already involved in tech, easily cross- bordering to earn a buck. But no strategic reason; could easily end if circumstances deteriorate.

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anonymous

April 12th, 2014 at 8:20 am

And what’s the taxation for capital gains for individual persons in the Netherlands? Let’s say I buy 500000 shares of Shell for 1 euro and sell them 1 month later for 2 euro each?

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http://www.blackdogforex.com

April 12th, 2014 at 8:48 am

Have you ever thought about creating an e-book or guest authoring on other blogs?
I have a blog based on the same information you
discuss and would really like to have you share some stories/information.
I know my visitors would value your work. If you’re
even remotely interested, feel free to send me an e mail.

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anonymous

April 12th, 2014 at 8:52 am

You pay 1.2% of your assets every year, whether you lost money or doubled it.

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anonymous

April 12th, 2014 at 9:20 am

“You pay 1.2% of your assets every year, whether you lost money or doubled it.”

That’s great and way different than in other coutries. I imagine that for that reason you seek highly “speculative” assets like shares or in general derivatives. And for that reason the derivative industry has flourished in the Netherlands. No one would buy, let’s say, a 10 YR Dutch Government Bond and hold it at maturity or something like that.

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anonymous

April 12th, 2014 at 9:24 am

I would say that Dutch taxation is lower than in US,UK, DE, IT,FR..basically maybe only Switzerland, Cyprus or Malta have a lower taxation. Good. I have to take the residence in the Netherlands sooner or later LOL

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anonymous

April 12th, 2014 at 9:44 am

what was the real reason for firing koen huisman?

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anonymous

April 12th, 2014 at 9:44 am

Expats get a discount. The native Dutch man with a pay higher than Rutte has a much higher tax burden than the European average. Around 1,8x the av. So be the judge yourself. We’re better off moving to somewhere with mountains or sun.

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anonymous

April 12th, 2014 at 9:50 am

“Expats get a discount. The native Dutch man with a pay higher than Rutte has a much higher tax burden than the European average. Around 1,8x the av. So be the judge yourself. We’re better off moving to somewhere with mountains or sun.”

Yes but the “wealth tax” is the same for Dutch and foreigners?Isn’t it?
If one lives of daytrading and has a pretty good capital moving to the netherlands seems like a good move. I think.

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anonymous

April 12th, 2014 at 12:04 pm

Expats in the NL and Dutch people who lived abroad for 10 years can get a tax discount, called 30% ruling, where this portion of your gross income is tax free for 10 years.

They also have a pretty lax tax on capital gains from what I know.

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anonymous

April 12th, 2014 at 12:24 pm

“is Campbell still at Tibra London?” nope

so what is he doing now?

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anonymous

April 12th, 2014 at 1:14 pm

If you have lot of capital and live off day trading, you are better off moving to bahamas

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anonymous

April 12th, 2014 at 1:18 pm

@12:24 also is he still with his trophy wife?

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anonymous

April 12th, 2014 at 3:04 pm

who cares

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anonymous

April 12th, 2014 at 3:21 pm

nobody cares about the wife, why and when did he leave Tibra?

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anonymous

April 12th, 2014 at 3:53 pm

coz Tibra got enough capital, tech and young blood to make it through. Won’t be the juggernaut they were perceived to be in 07-08 but will do ok, much better than most firms folding in coz of no technology.

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anonymous

April 12th, 2014 at 4:31 pm

“And what’s the taxation for capital gains for individual persons in the Netherlands? Let’s say I buy 500000 shares of Shell for 1 euro and sell them 1 month later for 2 euro each?”

Provided you don’t do this often, you will not pay capital gains/income tax on the profit. By the same logic, you cannot deduct losses.

However, if you are actually daytrading – as in: spending several hours a day on what is essentially your JOB – you gains will be taxed as if it were regular work income. In other words, 52% from 60k onwards. Ouch. Expect to run into this situation if you are succesful, unless you can demonstrate that indeed you are an ultra low frequency investor. You may not apply for the expat discount if you don’t have a formal employer. Add to that the 1.2% wealth tax and the conclusion must be that the person who thought it was wise for a daytrader to move to Holland has no fucking clue.

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anonymous

April 12th, 2014 at 4:31 pm

If you trade via your own company, you will pay less than 52%, but still …

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anonymous

April 12th, 2014 at 4:43 pm

Hi!
Does anybody know about HiqInvest/Degiro in Amsterdam?
I have received a job offering from them..
TX

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anonymous

April 12th, 2014 at 4:50 pm

if you are able to generate money for them that’s fine, but do not expect that they tell you how to do this, otherwise do not mess up with such small unknown companies

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anonymous

April 12th, 2014 at 4:59 pm

I miss the discussion here why these people were fired. According to the new website of IMC they are still hiring talented people. Does this mean these fired people were not talented ?
Do I understand it right that also an IT team left IMC themselves after this ?

Is IMC still doing as OK as last year ?

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anonymous

April 12th, 2014 at 8:12 pm

they fired them to reduce head counts+costs. They still to selective hiring. The fired the MD Europe because he was incompetent and did not manage properly the business. IMC is doing well in Asia and US, not so well in Amsterdam, the Zug office is doing well since Koen Huisman did not focus anymore on this office.

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anonymous

April 12th, 2014 at 10:00 pm

imc has standard policy to get rid of dead wood in the company from time to time, nothing wrong with that, imc employees has standard policy to come and bitch about their employer on this blog, nothing wrong with that too

the funny thing though is that while other companies do have high turnover imc style, there is much less bitching from the rest of market, tibra and bankrupt firms are an exception, there is lot of moaning from that group unfortunately

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anonymous

April 12th, 2014 at 11:06 pm

there was also lots of moaning for source capital and optiver in the past. Your analysis is therefore not correct.

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anonymous

April 13th, 2014 at 1:06 am

of course, the entire analysis is incorrect and useless because source wasn’t included in the list

kindly don’t bunch optiver with imc, tibra and source, don’t know what have you been smoking tonight

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anonymous

April 13th, 2014 at 2:12 am

I hope Campbell’s wife cheats on him with a taxi driver – he deserves it more than Hilgers.

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Anonymous

April 13th, 2014 at 2:21 am

Happy birthday, Christian King

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Anonymous

April 13th, 2014 at 4:28 am

And happy birthday to Gerbil Shortcheese

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anonymous

April 13th, 2014 at 8:27 am

‘However, if you are actually daytrading – as in: spending several hours a day on what is essentially your JOB – you gains will be taxed as if it were regular work income. In other words, 52% from 60k onwards. Ouch. Expect to run into this situation if you are succesful, unless you can demonstrate that indeed you are an ultra low frequency investor. ‘

As far as I know there are no cases of this going to court, and you can be pretty sure that anyone who suddenly gets taxed in box 1 would take this to court. So it’s not as straightforward as you make it out to be.
On the other hand there are cases where people tried to deduct their losses (unsuccessfully).

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anonymous

April 13th, 2014 at 9:51 am

source capital is almost bankrupt, they do not manage to hire traders anymore and are left with only a handful of traders now.

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anonymous

April 13th, 2014 at 1:50 pm

may it rest in peace

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may it rest in peace

April 13th, 2014 at 1:52 pm

Got enough capital, tech and young blood to make it through. Won’t be the juggernaut they were perceived to be in 07-08 but will do ok, much better than most firms folding in coz of no technology.

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anonymous

April 13th, 2014 at 3:27 pm

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anonymous

April 13th, 2014 at 4:06 pm

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anonymous

April 13th, 2014 at 4:47 pm

Problem with IMC being that they fire the wrong people. Guess Tim Edwards is still employed? How about Bridget? Jan Willem?

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anonymous

April 13th, 2014 at 5:41 pm

“You’ll probably see the commission coalesce around those enforcement cases and then bring new rules on high-frequency trading,” a source with knowledge of the SEC’s thinking told The Post. “There’s a lot of pressure on the SEC to act.”

Goodnight IMC and Optiver

*song “Here’s to you” by Joan Baez plays in the background*

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anonymous

April 13th, 2014 at 6:30 pm

SEC has other priorities which are much more relevant than fighting some HFT companies…

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anonymous

April 13th, 2014 at 7:51 pm

problem with disgruntled employees is that they think they are more useful to rob n pot than others, you have to learn to put yourself in their shoes and then realize how and why the decision making happens

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anonymous

April 13th, 2014 at 7:53 pm

imc and optiver are not so-called ‘hft stock traders’, they are options mm and fast arb traders at best

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anonymous

April 14th, 2014 at 12:35 am

Wouldnt optiver IMC TIbra all be considered High Frequency given their investment in Technology, Co-located servers and 50% IT staff ?

Which firms can be classified as High frequency traders ?
Getco, Sun, ???

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anonymous

April 14th, 2014 at 1:13 am

how much is the revenue split for optiver/imc in options mm vs stat arb vs lat arb?

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anonymous

April 14th, 2014 at 7:40 am

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anonymous

April 14th, 2014 at 10:06 am

That story has about as much depth as you can expect from the herald. Their expertise is more in areas like Kim Kardashian’s butt, youtube clips that have gone ‘viral’ and the latest shenanigans of NSW politicians.

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anonymous

April 14th, 2014 at 10:15 am

‘Wouldnt optiver IMC TIbra all be considered High Frequency given their investment in Technology, Co-located servers and 50% IT staff’

of course

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anonymous

April 14th, 2014 at 10:23 am

@1:13AM Tibra never made any money on stat arb or lat arb, their pure arb strategies were always too dumb to do more than break even

@10:06AM more like NSFW politicians

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anonymous

April 14th, 2014 at 11:20 am

how did Tibra make money then?

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anonymous

April 14th, 2014 at 11:47 am

Vanilla market making, and more recently bond/forex strategies based on well-known signals.

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anonymous

April 14th, 2014 at 2:15 pm

well known?

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anonymous

April 14th, 2014 at 2:28 pm

TIbra have awesome batman traders

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anonymous

April 14th, 2014 at 3:00 pm

define ‘hft’

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anonymous

April 14th, 2014 at 3:02 pm

wasn’t arb@tibra setup under toon, how many mios did he print?

define ‘NSFW politician’

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anonymous

April 14th, 2014 at 8:37 pm

NSFW politician = New South F*cking Wales politician

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Anonymous

April 14th, 2014 at 9:49 pm

Recall that 1 yr ago IMC Chicago also went on a firing spree. They fired people suspected of leaking the bonus information. Maybe they wanted to fire people and used the bonus as an excuse. In either case some long serving loyal employees were let go.

And people wonder why IMC is so hated. And no not all firm do the shitty things that IMC has an is capable of doing

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anonymous

April 15th, 2014 at 7:53 am

There is a clique at IMC, like many companies, and this clique gets rid of anyone who threatens to make them look incompetent. Every now and then Rob ‘n Wiet get rid of someone truly incompetent. IMC is run like a “family business” when normal management and leadership concepts do not apply.

Can someone post a list of names of those people who left / were fired from IMC in the past month?

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anonymous

April 15th, 2014 at 7:56 am

I heard a rumor that Tibra closed down MM desks in EU. Is this true ?

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anonymous

April 15th, 2014 at 8:29 am

Yeah, I think they are just speculating with soft commodities now

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anonymous

April 15th, 2014 at 9:12 am

NA NA NA NA NA NA NA NA NA NA NA NA NA NA BATMAN!!!

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speculating with soft commodities now

April 15th, 2014 at 11:49 am

Got enough capital, tech and young blood to make it through. Won’t be the juggernaut they were perceived to be in 07-08 but will do ok, much better than most firms folding in coz of no technology.

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Tibra EU 2012-2013 June

April 15th, 2014 at 1:55 pm

Revenue — 18 Million
Profit Before Tax — 3.8 Million

Profit After Tax — 2.1 Million

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anonymous

April 15th, 2014 at 3:30 pm

currency is usd?
is 18mio gross trading pnl for tibra ldn+ams?
how much of that traders pocket, 5-6mio? how many traders, 20-30?
if on average they are pocketing 250k average, that’s not too bad for them?

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anonymous

April 15th, 2014 at 3:31 pm

not so bad if 3 partners divide this by 3, is this london, australia, or what?

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anonymous

April 15th, 2014 at 10:55 pm

How did you conclude ‘australia, or what’ from ‘Tibra EU 2012-2013 June’

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anonymous

April 19th, 2014 at 1:40 am

Jan Willem Kohne has a new job.
Now Managing Director, Head of Europe at IMC financial markets & asset management – One of the ‘partners’, formerly head of global hr. Good guy

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anonymous

April 19th, 2014 at 2:08 am

glad to hear imcian not moaning and complaining, good for you guys

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anonymous

April 19th, 2014 at 9:26 am

ex MD of HK

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anonymous

April 19th, 2014 at 10:25 am

that’s a great news

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anonymous

April 19th, 2014 at 1:03 pm

it’s a wonderful life, merry christmas everybody

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anonymous

April 21st, 2014 at 8:20 pm

Another yes man lackey

Odds how long JW will last.

I am bid 14 mos

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anonymous

April 21st, 2014 at 10:30 pm

nobody cares, next

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Anonymous

April 22nd, 2014 at 12:19 am

I care.

1.5 year I say.

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anonymous

April 22nd, 2014 at 12:25 am

wow, 14 mos, 18 mos, you guys got nothing better to care, good for you guys, atleast you are not moaning and complaining about your miserable existence

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anonymous

April 22nd, 2014 at 6:39 pm

this is an experienced manager, he already successfully managed the HK office.

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anonymous

April 22nd, 2014 at 11:39 pm

24 bid

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anonymous

April 23rd, 2014 at 1:51 pm

an office which does not exist any more cannot really be called successful

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anonymous

April 23rd, 2014 at 1:56 pm

where did all the short sellers disappear, when it’s time to really squeeze them, they go cowering to their mama’s place, bloody cowards

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anonymous

April 23rd, 2014 at 1:58 pm

any office that does not exist any more can be called successful if their expected return on capital < required rate of capital

why are people still living in the rosy world, shouldn't you guys wake up already, financial industry needs to dramatically shrink, that's the way it is, straight up

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IMCian

April 23rd, 2014 at 7:13 pm

JW is a good man, and a yes man, so the two can co-exist. He speaks his mind and challenges the yes-club. I wish him well.

He is a good manager of people but I wonder how successful he’ll be at driving innovation in the trading space – which is what the MD is meant to do?

For those who don’t know, he is an engineer in qualification.

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anonymous

April 23rd, 2014 at 7:33 pm

agreed, that’s a far better choice than Koen

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anonymous

April 23rd, 2014 at 7:36 pm

rob n pot must be surprised, first time imcians not moaning and complaining

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anonymous

April 23rd, 2014 at 8:32 pm

that’s the reward for firing the right guy

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anonymous

April 24th, 2014 at 12:33 am

quick show of hands imcians, who should rob n pot fire next?

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anonymous

April 24th, 2014 at 4:49 am

ivo, duh.

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anonymous

April 24th, 2014 at 10:54 am

yah, duh.

rob n pot, pls give ivo lowest performance rating in the next appraisal round and then put him on performance improvement plan for next few months thereafter, at the end of which you can hand him his employment termination

also, you can hire me as your head of human resources, i will do much better job than the clowns in that corner hr office, get in touch with jack for my ip and i be happy to provide you my up-to-date cv

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anonymous

April 24th, 2014 at 11:27 am

brravo!

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anonymous

April 24th, 2014 at 2:59 pm

brravo for doing my job as incoming hr head, jesus, you are easy to please

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anonymous

April 24th, 2014 at 3:14 pm

Ivo needs to go. Followed by Joe Monge his butt buddy and then Bridgette the useless HR demon.

Pick any order does not matter.

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anonymous

April 24th, 2014 at 6:53 pm

okay, time for moaning and complaining, come on imcians, join in the fun

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anonymous

April 24th, 2014 at 10:19 pm

define ‘hr demon’, aren’t hr in financials just for admin duties?

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Ivo

April 25th, 2014 at 12:27 am

what should i do to improve my performance ratings; targets, suggestions welcome

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anonymous

April 25th, 2014 at 8:54 am

who is Joe Monge?

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Ivo

April 25th, 2014 at 4:30 pm

my butt buddy, duh.

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HFT not all that bad.

April 26th, 2014 at 2:34 am

Instead of chasing HFT’s more work can be done in fixing loop-holes in trade matching protocols from the exchange side.

An interesting NBBO loophole explained in this article

http://www.bloombergview.com/articles/2014-04-25/who-cares-what-apple-s-stock-price-is

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anonymous

April 26th, 2014 at 3:45 am

when you say that ‘HFT not all that bad’, that implies HFT is actually indeed bad? and the extent to its ‘badness’ can obviously not be quantified in absolute terms? and why shouldn’t it be fixed alongside other existing loopholes, why does it necessarily have to be queued up behind odd-lots, are regulators that short-staffed?

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anonymous

April 26th, 2014 at 8:35 am

does ivo have a linkedin page?

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anonymous

April 26th, 2014 at 11:19 am

the highest paid traders at IMC do not have a linkedin page.

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anonymous

April 26th, 2014 at 4:48 pm

you can just say, ‘senior successful traders at IMC do not have a linkedin page’; you don’t have to start with the dick size competition, there is your problem with IMC culture straight away, not everything in life is about bloody money

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anonymous

April 27th, 2014 at 9:39 pm

@HFT not all that bad

That BB article was an interesting read. I wonder if odd lots are excluded from the BBO on other major exchanges?

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anonymous

April 27th, 2014 at 10:58 pm

is your question about other odd lot exclusion on other major exchanges in US or outside?

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anonymous

April 29th, 2014 at 4:30 pm

Surely odd lot exclusion globally, as that would likely represent those locations where HFT firms have the opportunity to cream it ?

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anonymous

April 29th, 2014 at 8:34 pm

Actually, they’re holding them for tiny fractions of a second. According to the SEC itself, 38% of trades are held for 50 milliseconds or less.

http://www.businessinsider.com.au/congressmen-question-sec-chair-on-hft-2014-4

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anonymous

April 29th, 2014 at 11:42 pm

‘Surely odd lot exclusion globally’

so you are sure that odd lots are treated same way across all exchanges globally?

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anonymous

April 29th, 2014 at 11:46 pm

solution to hft headache is simple, regular auctions through out the day, not thousands, just handful would be enough

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anonymous

April 30th, 2014 at 2:46 pm

or a shoe box with 100km of fiber for the bytes to travel through

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anonymous

April 30th, 2014 at 3:19 pm

or nothing

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anonymous

April 30th, 2014 at 5:40 pm

a market place, where one party is way too advanced and is able to generate risk-less profit from other parties, is not going to last very long. Sooner or later, all other parties are going to move to a new market place with better playing field, with 100km of fiber or otherwise

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anonymous

April 30th, 2014 at 5:41 pm

*level playing field

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anonymous

April 30th, 2014 at 10:04 pm

Would you like to join my midget basketball league?

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anonymous

April 30th, 2014 at 10:43 pm

no i play in big swinging dick basketball league, not the bottom leechers hft wannabes

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anonymous

April 30th, 2014 at 11:42 pm

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Stephen

May 1st, 2014 at 12:33 am

but i am on internet, no?

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anonymous

May 1st, 2014 at 9:10 am

Credit to IMC for organizing drinks for the 25 yr anniversary inviting all alumni. Also the ones that had to settle via court

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anonymous

May 1st, 2014 at 11:08 am

you are both stephen, v1.0 and v2.0, now stop jacking off with each other, kiss and make up, imc style, has rob n pot put in some new forward looking people in top management, there is significantly less moaning and complaining from imc crowd, finally getting out of their pettiness and constant back stabbing, it was tiring

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anonymous

May 1st, 2014 at 11:32 am

Yep all the HFT SMEs are going to get smashed by the major leagues now that goldman and the weight of influence they have in changing the exchange landscape in their favour has an interest – imc, tibra et al will be the first to winge though when the environment changes against them.

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anonymous

May 1st, 2014 at 12:12 pm

you can gloat once the bottom leechers hft wannabes are actually out of business for good

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anonymous

May 1st, 2014 at 3:46 pm

‘Credit to IMC for organizing drinks for the 25 yr anniversary inviting all alumni. Also the ones that had to settle via court’

not all alumni have been invited

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anonymous

May 1st, 2014 at 4:14 pm

if I got fired after 8 weeks, am I still alumni?

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rob n pot

May 1st, 2014 at 4:28 pm

yes, you are an alumni, even though you were so shit that we had to encourage you to move on after mere 8 weeks, but hey, water under the bridge, come have a drink with us and enjoy our 25 year success story

if any alumni hasn’t been invited, pls send out your up-to-date contact details, as you can expect some alumni’s contact details are not up-to date and we can’t reach out even though we desperately want you to join us and drink to our next 25 year of continued success forthcoming

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anonymous

May 1st, 2014 at 4:37 pm

sounds about as fun as the annual trip. I can’t wait to stand around and talk about how fast my car is.

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anonymous

May 1st, 2014 at 6:38 pm

is that rob showing off his fast car?

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anonymous

May 1st, 2014 at 9:09 pm

when and where is this alumni gathering? Can you post a an invitation list on facebook?

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anonymous

May 1st, 2014 at 10:26 pm

it’s a serious gathering, not a high-school prom

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anonymous

May 2nd, 2014 at 7:56 pm

rob n pot

please invite me

here is my email : f-off@arsewipe.com

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anonymous

May 2nd, 2014 at 8:16 pm

congratulations on your new position at arsewipe

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anonymous

May 3rd, 2014 at 1:07 am

it’s still better than being your boss’ arsewipe at IMC, aww snap !!

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anonymous

May 3rd, 2014 at 12:48 pm

thanks for submitting your IP address, IMC will reach you there, no email is required

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anonymous

May 3rd, 2014 at 1:20 pm

but i was using a proxy>?

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anonymous

May 3rd, 2014 at 2:09 pm

“Actually, they’re holding them for tiny fractions of a second. According to the SEC itself, 38% of trades are held for 50 milliseconds or less.”

38% of CANCELED QUOTES are posted for 50 milliseconds or less.

Big difference.

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anonymous

May 3rd, 2014 at 4:10 pm

yes, it was understood they meant QUOTES and not actual SCALPS genius, they are not brilliant as you, so they can be loose with the terminology

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anonymous

May 3rd, 2014 at 10:11 pm

who did actually get invited to the IMC drinks??

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anonymous

May 3rd, 2014 at 10:42 pm

if there are people who found better working conditions outside of imc kudos to you…

and the people who are pretending to be people they are not with their bullshit posts on this site, get a life…

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anonymous

May 3rd, 2014 at 11:53 pm

define ‘get a life’

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anonymous

May 4th, 2014 at 2:22 pm

Define pretending to be people we are not.

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anonymous

May 4th, 2014 at 2:22 pm

Surely Bart did not get invited for drinks.

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anonymous

May 4th, 2014 at 2:51 pm

Bart? Which Bart? vV or K?

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anonymous

May 4th, 2014 at 2:53 pm

Oh, Dr BaBr. From the roses? Really, no invite?

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anonymous

May 4th, 2014 at 5:43 pm

yes, you guys should all go back to high school, you’ll love it there

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anonymous

May 4th, 2014 at 6:02 pm

did they invite Koen Huismann? Or was he to busy due to his new sabbatical?

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anonymous

May 4th, 2014 at 10:38 pm

no he is just off sick from teenage girls like yourselves

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anonymous

May 5th, 2014 at 3:12 pm

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anonymous

May 5th, 2014 at 4:38 pm

Excessive financialisation – profits are becoming harder to come by and HFT firms are unfortunately lower on the pecking order. Expect this demonising to continue…….

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anonymous

May 5th, 2014 at 5:06 pm

what’s about this sabbatical?

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anonymous

May 5th, 2014 at 5:35 pm

define ‘financialisation’

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anonymous

May 5th, 2014 at 5:38 pm

There is no demonising of hft, they really are useless, that’s all, if you can handle the truth

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anonymous

May 5th, 2014 at 7:19 pm

sabbatical=fired in IMC language

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anonymous

May 6th, 2014 at 1:47 am

nobody cares; next

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anonymous

May 6th, 2014 at 3:26 pm

A lot of people apparently care. You are clearly clueless. Go away now in your mama’s basement.

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anonymous

May 6th, 2014 at 5:39 pm

you care about who rob n pot invited to their useless drinks, where they can show off their fast cars?

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anonymous

May 6th, 2014 at 6:53 pm

peterfy is appearing in IB ads these days ?!

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anonymous

June 6th, 2014 at 11:31 pm

How’s trading these days in Amsterdam?

' '
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