Only a couple of years ago the world of trading was easy. The banks and hedge funds traded OTC against each other and everything smaller such as market makers traded the regular way. A few years and a few banks later, things have changed a little. Apart from offering regular block trading, Eurex is also [...]
There has been a traditional bit of competition between derivative markets Eurex and Euronext. Mostly for the sake of tradition and maybe a little bit for the European Union (look mother, we’re playing competitors). Loaded with employees, slow to adapt and absolutely unfit to combat lean and mean contenders, the exchanges look more like a [...]
The year of 2010 is basically over, everyone expects trading to be rather thin the last two weeks and shift their attention to Christmas presents and having drinks with brokers and clearing banks. This has been a difficult year for most of us, with a lack of trading hurting profits of several firms. There have [...]
This week started with volatilities dropping to new lows, but thanks to the Irish banking crisis we’ve seen some action after all. Perhaps this turmoil on the green island will reignite the European debt crisis again, with returning panic and failing banks. Could save the year for a lot of market makers. With the possibility [...]