All Options recruiting, DeGiro expands to Asia
It’s a bull market, jobs all over the place. We’re in the happy days again! Sometimes job offerings tell more than official press releases.
All Options expanding again
From the big firms to the small boutique market maker firm All Options. Boutique is their own term. It’s been a while, but the firm once employed some 300 people after it earned a legendary profit in Altana. In a true Icarus style the firm lost it’s wings while getting loaded with overhead. And crashed. After firing hundreds of people, it’s now appearing to be hiring again. Check.
Market making is not dead after all. Allard has always been the come back kid.
DeGiro expanding in Hong Kong
More jobs for you. Apparently the broker DeGiro is planning expansion in Asia. They’re recruiting in Hong Kong. Check. It’s amazing how fast they want to roll out their business, given the regulatory burden in every single country. It’s more fascinating to conquer the world, than getting the details right. Still no such thing as option combinations at DeGiro. No order confirmations by mail.
ATG starts bodypump classes
You may call it a coincidence, but shortly after DeGiro opened shop in Hong Kong and started recruiting, this trading firm ATG (Algorithmic Trading Group) expanded operations from medium and high frequency trading to giving Private Bodypump Classes.
I’m old fashioned and don’t have a clue what it is, but everyone is invited today in Pure’s Red Bar. Defensive move. ATG is a firm founded in the same year as Virtu (2008) – but hasn’t got the ambition to go for an IPO. If these former IMC traders at ATG change their minds, you’ll read it here first.
MATTHEW HOYLE MARRIES
Hong Kong based Amsterdam floor trader turn Financial Markets headhunter Matthew Hoyle tied the knot in a civil ceremony in England. The UK born Dutchman will marry this weekend in this castle hut in Ireland. More than 100 guests from all over the world are flying in starting today.
Congrats to Mr and Mrs Hoyle!
All Options has been hiring for a year already…
Hi Allard!
congrats Jack…..ehh Matthew with your marriage!
“It’s more fascinating to conquer the world, than getting the details right.”
It would be interesting to know how De Giro complies with § 4-10 of allmennaksjeloven (https://lovdata.no/dokument/NL/lov/1997-06-13-45/KAPITTEL_4-2#%C2%A74-10) which says that Norwegian shares must be directly registered if the shareholder is a Norwegian and that nominee registration only may be used for foreign shareholders. I’d assume that lots of the users of the Norwegian translation of De Giro’s website are Norwegians, and § 4-10 of allmennaksjeloven suggests that Norwegians may not use De Giro for storing shares of any Norwegian companies as De Giro doesn’t use direct registration of the customers’ holdings. There is a similar wording in Finnish law, requiring Finnish people to use direct registration for holdings of Finnish shares.
why is ATG being compared to Virtu, is there any comparison at all or Jack has been drinking Voute’s kool-aid for too long
Congrats Matthew!
what is this supposed to mean ‘Jack…..ehh Matthew’?
it is not so difficult to draw a conclusion from that ain’t it Einstein?
i couldn’t reach a conclusion, should i jump out of the window?
is Jack and Matthew the same person?
If you don’t break the glass….
Maybe they are indeed!
you don’t need to break the glass, you just open the window?
‘Maybe’ you are stupid!
DeGiro?
Something is amiss. The add you point to says “online broker based in Amsterdam and Hong Kong. Yet I check the SFC register of companies and come up with a blank. I searched LPE, HIQ and DeGiro.
Choose one of the following search option
Name search
By:
English name
Chinese name
on :
Corporation
Individual
Central Entity Number (CE No.) Search
Search
Sorry, there is no name matched with “LPE Capital” in the Register.
Sorry, there is no name matched with “degiro” in the Register.
Sorry, there is no name matched with “HIQ” in the Register.
http://www.sfc.hk/publicregWeb/searchByName?locale=en
Well, they operate under license of ABN Amro clearing.
They aren’t member of all these exchanges.
If it wasn’t painfully obvious by now, the people behind Degiro / HIQ like to exaggerate. Embarrassingly so. The world’s best traders, the biggest broker / market share, cheapest execution bla bla bla.
They have hired people across Europe to act as “Trading Assistant”, from Ireland to Spain to Bulgaria to god knows where. Look around on LinkedIn and you will find them. Basically they need someone on their help desk who speaks the language of the customer. ¿Gijs y Niels no hablan español? But it’s not quite the same as operating a proper company / branch in said countries. It stands to reason they are now recruiting for support of (future) Asian clients without having a proper presence as your query shows.
On the subject of things that are embarrassing: the HIQ fund has dropped another 1.5% in value over the last 4 weeks.
what’s wrong with exaggerating, it’s a valid strategy to hook in gullible investors and clients?
the rest of us have better things to do with our life than go through linkedin profiles of de giro new hires, to be honest, if they are trying to create new jobs, then good for them?
what’s embarrassing about hiq dropping 1.5%, hedge fund industry is practically littered with defunct funds, there is nothing embarrassing about failures or mistakes, you get up, brush yourself off and move on, life’s too short to come complaining about it on this stupid blog?
“you don’t need to break the glass, you just open the window?”
I dunno in what kind of shitty office you are working, but the proper officetowers don’t have any window you can open, smartass!
proper office towers are for wage slaves like you that are slaving away for me on the office floor
i am fully operational and comfortable operating out of my yacht
you, talk to me, how many mios did you print for me today?
How much did Tibra make last year? I hear they are up + 100 mln ytd. (Their year runs from July till june)
aren’t you a large shareholder? why don’t you ask your management directly?
or are you just interested in showing off the size of your dick .. hmm .. dividends ..
I honestly don’t know tibra’s results, my Nick name is not my real name, i admit.
It would surprise me a lot though if they made so much, so still very curious to hear from people with inside knowledge.
where did you hear about ‘+ 100 mln ytd’
why would tibra insider tell you about his zero pnl, he wouldnt be able to get a job at next shop after working at such a shitty shop?
100m ytd tibra trading pnl before costs… I am looking for some bids out there!
I’m 20 mil offered
nobody cares, next