DeGiro is hard to ignore. Every other day in the news in their conquest of new markets and connecting to exchanges. Latest news is they aim for a takeover of a part of Banco de Madrid. The Spanish bank is in trouble after a bank run and the brokerage part, Interdin, is owned by theRead more
TOM has announced to shut down it’s stock trading venue. In a short statement, strange enough only available in Dutch, it claims the market share of retail stock orders is only between 10% and 20% of all shares traded. And with a market share of 1% in this segment, it’s a loss making operation. SoRead more
My earlier post on some negative sides of the new broker DeGiro, 9 things I hate about DeGiro, has drawn a lot of visitors. DeGiro kept on expanding to almost every European country – and by doing so all new customers ended up over here (hi). Even gave some interviews to newspapers in Poland andRead more
Monday February 9th 2015 the online broker Binck will open the books. The first earnings report after a quarter full of misery. Quite a few figures to check. The consensus is their profit will drop a lot compared to last year’s fourth quarter. I’ve bought a few dozen puts this week. Count on them toRead more
Somehow Binck reminds me of Van der Moolen in their last months. A listed company and a board which seems to have lost touch with reality. That’s nice when writing a kind of financial blog. Expected a quiet December, but voila : Binck. Time to get the popcorn. SOR functioning poorly Contender DeGiro showed credibleRead more
