Posts Tagged ‘Nino

A small follow up on the play offs for primary market makers in half a dozen stock options. It was announced in October and held during December and January. With rival option exchange TOM capturing a lot of market share amidst shrinking volumes, quoting tight on Euronext is getting a little bit yesterday’s game. Quoting the tightest [...]

TOM and the play offs

24 Oct 2012

A small victory for The Order Machine / TOM. Conform all expectations, NYSE Euronext is forced to allow TOM as a member on their derivative exchange. Even Euronext saw the rain coming, and agreed to accept TOM as a member of the exchange. Didn’t even bother to wait for the court. The expensive legal procedures [...]

Last round of play offs for the primary market maker licenses ended last week.  In nearly a dozen option classes the traders have been trying to quote as tight as possible for two months. The best liquidity provider wins. It wasn’t IMC so send the tightest quotes. IMC lost play offs. All of ‘m. The [...]

Great, it’s time for the annual play-off for market maker licenses. The auction for primary market maker (pmm) licenses was held two months ago. The contestants had a month for learning the tricks of the trade. From December 1st they will start for real. Tight markets in scores of option classes. The market maker with [...]

I confess, in the light of the current market crisis and US downgrade this isn’t the most spectacular news. Market makers have been competing for the primary market maker (pmm) licenses in a few stocks. This head to head competition is always interesting, as the market maker with the best quoting performance is selected. But [...]


  • London Gregoire: Meijer shouldn't shave until TOM overtakes Euronext in the dutch options [...]
  • TOM to expand in Europe - amsterdamtrader: [...] Euronext sues TOM on AEX Options [...] [...]
  • Aad: Same shit over here. And really, we have al the specs to be fast enough. [...]
  • ghostrider: truely tragic. condolences. [...]
  • vikr: Hats off to RoCo. [...]
  • VdM: Allmost on the same day another well known person from the trading community in Amsterdam passed awa [...]
  • NRC: Advertisements in newspaper NRC: https://dl.dropbox.com/s/uwbjka8dgg26exh/20130406_NH_selectie_2_12. [...]
  • anonymous: Agreed [...]
  • anonymous: let's go to IMC since they pay good bonuses there [...]
  • anonymous: Tibra is not doing well, and when the CFO, who knows everything about their finances, leaves this i [...]

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