It has been discussed for ages, but finally the 1 cent tick size will arrive in the AEX index options. Starting September 2nd, the options below the 5 euro threshold will be quoted with cents – instead of the current 5 cent ticks increments. While this is common practice in all AEX single stock options,Read more
Confusing times. Both TOM and NYSE Euronext claim victory after the court ruling on the AEX Index options today (Euronext, TOM). However, it’s not rocket science. The court has clearly decided in favor of The Order Machine, TOM. Euronext bites the dust The old exchange lost 30% of their market share to TOM in theRead more
The market in AEX index options on Euronext has always been a competitive battleground. Not in the same league as the Eurostoxx options, but still tight spreads and liquid markets. No wonder the exchange is defending it by raising legal barriers of entry for TOM. In the meantime, there’s something wrong in the AEX forRead more
Back in 1995 my club AFC Ajax was the reigning champion of the Europe – of the world, to be more specific. The old stadium was still in use and the new one had yet to be build. In England the Blackburn Rovers won the title and over here FC Volendam (!) played and lostRead more
Sometimes there’s a news story in the financial markets, which requires a lot of homework and flow charts to understand. It’s seductive to skip the whole issue and spend your time on other things. The mess around Fortis is a perfect example of a running news story I’ve decided to stop following. The shares areRead more
