DeGiro has a smart idea of timing. On US election day, the broker starts with trading in US futures and options. It kicks of with the famous S&P e-mini futures. The e-minis are the most popular equity futures in the world. It trades virtually round the clock on CME’s Globex. This is a big deal. For investors thereRead more
Monday was the day of the Dutch retail brokers. Binck was about to release their third quarter earnings. Their friends at DeGiro steal the opportunity to grab the spotlight and get free publicity. Successful. DeGiro reported three numbers. The number of accounts, the number of transactions and the profit for the firm. They compare the firstRead more
Binck is a premium online broker in The Netherlands. It has a small presence in France, Italy and Belgium. It’s listed on Euronext. Once upon a time, Binck launched attacks on the sleepy old retail banks. Luring customers away from ABN Amro, Rabobank and ING. Das war einmal. The BinckBank is stuck in a moment, andRead more
DeGiro needs cash. The discount broker is investing heavily in marketing. Advertising on TV and internet is expensive, and their balance sheet is apparently running empty. I got the hand on a confidential prospectus on a certain DeGiro offering. Showing more colour on the broker. DeGiro figures
The ETF options in the USA are soaring. While this sounds like a soundbite from ten years ago, it still holds. The volumes in ETF options have doubled in the last five years. The option volume in the SPY (S&P 500 ETF) is massive. It accounts for nearly half of the total US options volume.Read more
