This morning the Financieele Dagblad brought the frontpage news of Binck firing most of their risk managers. Five out of eight risk managers were shown the door, including the head of the department. They have allegedly broken some risk rules. Some of them have been working for the firm for over a decade ; that’sRead more
Breaking news from The Order Machine, or TOM for friends: Founders Optiver and Binck invited another firm to join the party. ABN AMRO Bank is acquiring a 25% stake in TOM and the new powerful shareholder will join the board. Currently, ABN AMRO is already acting as clearing member for trades on TOM. The pressRead more
Between the champions league final and the world cup in South Africa lies another major football event. This saturday, the 29th of May, the annual All Options Football Tournament will be held again. All Options definitely deserves a lot of brownie points for organizing this tournament again, in cooperation with Eurex, KBC Clearing and Bennington.Read more
The joint venture of online retailbroker Binck and trading firm Optiver has changed plans. The new chief Willem Meijer isn’t afraid to admit the whole plan initially was intended to channel Binck’s retail flow into the books of Optiver with TOM, which stands for The Optiver Machine. The reason for this sudden turn-around isn’t quiteRead more
The year 2009 is almost gone, and trading has been fairly quiet as usual during the last weeks. Plenty of time to look back on the events of 2009. All Options to buy Saen Options One of the few main events this year happened straight in the first month. January 28th the market maker AllRead more
