Euronext sues TOM on AEX Options

Posts Tagged ‘323’

Euronext sues TOM on AEX Options

23 Apr 2013

Didn’t arrive as a surprise. Euronext Liffe sues The Order Machine (TOM) for trademark infringements with respect to the options introduced on the AEX index. Euronext is the owner of the AEX index, and doesn’t allow other exchanges to introduce derivatives with AEX as underlying value. As of January 2013 the index options on AEX [...]

(1) Comment
Tags: 323, All Options, Caerus, Euronext, IMC, TOM

Play off results Euronext

10 Feb 2013

A small follow up on the play offs for primary market makers in half a dozen stock options. It was announced in October and held during December and January. With rival option exchange TOM capturing a lot of market share amidst shrinking volumes, quoting tight on Euronext is getting a little bit yesterday’s game. Quoting the tightest [...]

(16) Comments
Tags: 323, Caerus, Nino

TOM and the play offs

24 Oct 2012

A small victory for The Order Machine / TOM. Conform all expectations, NYSE Euronext is forced to allow TOM as a member on their derivative exchange. Even Euronext saw the rain coming, and agreed to accept TOM as a member of the exchange. Didn’t even bother to wait for the court. The expensive legal procedures [...]

(26) Comments
Tags: 323, Caerus, cmm, Euronext, IMC, Nino, Optiver, pmm, TOM

Goldman Sachs and Calimero quit quoting

30 Sep 2012

In the option market, the market makers are quoting options to capture a profit from the bid-ask spread. Apart from this, sending bids and offers to the market serves another practical goal. Euronext Liffe is charging less when you are providing liquidity to the market. It’s not unusual for a lot of market makers to [...]

(163) Comments
Tags: 323, ABR, Cross, Euronext, EXT, Goldman Sachs, inhouse, Leopark, Maven, MMX, Scrocca, WEBB, Wintrading

IMC lost play offs. All of them.

9 Feb 2012

Last round of play offs for the primary market maker licenses ended last week. In nearly a dozen option classes the traders have been trying to quote as tight as possible for two months. The best liquidity provider wins. It wasn’t IMC so send the tightest quotes. IMC lost play offs. All of ‘m. The [...]

(11) Comments
Tags: 323, All Options, Caerus, Euronext, IMC, Nino, Scrocca

Older Entries

London Gregoire: Meijer shouldn't shave until TOM overtakes Euronext in the dutch options [...]

TOM to expand in Europe - amsterdamtrader: [...] Euronext sues TOM on AEX Options [...] [...]

Aad: Same shit over here. And really, we have al the specs to be fast enough. [...]

ghostrider: truely tragic. condolences. [...]

vikr: Hats off to RoCo. [...]

VdM: Allmost on the same day another well known person from the trading community in Amsterdam passed awa [...]

NRC: Advertisements in newspaper NRC: https://dl.dropbox.com/s/uwbjka8dgg26exh/20130406_NH_selectie_2_12. [...]

anonymous: Agreed [...]

anonymous: let's go to IMC since they pay good bonuses there [...]

anonymous: Tibra is not doing well, and when the CFO, who knows everything about their finances, leaves this i [...]

Posts Tagged ‘323’