Short post on something very relevant. KBC Clearing will be shutting down operations. It didn’t come as a big surprise. They lost critical mass. Their major market maker clients went bankrupt (Van der Moolen), vanished (All Options) or left (Scrocca). The Belgian mother KBC Bank decided to call it quits after 16 years. A sad [...]
IMC has won the title of the Financial Football tournament, after beating KBC Bank on penalties in the final. IMC is the first team ever to win the tournament for the second time in history. Back in 2005 they won the tournament for the first time, which was then still an indoor game. Sponsored by [...]