The Dutch option market is a small world. Europe’s oldest option market has a couple of foreign trading companies in the electronic pit. Yet, the biggest market makers still have Dutch roots. The secretive nature of trading means it’s impossible to rank the market makers in terms of market share, headcount or profits. Juicy rumoursRead more
Deutsche Bank‘s traders can start looking for boxes or plastic bags. Rumor has it all proprietary trading will be halted at the German bank. All credit trading is shut down. There have been consistent rumors in the market all other proptrading will be ended as well. Deutsche Bank’s European trading desk is based in London andRead more
Being an option market maker has a few drawbacks. It’s impossible to explain to friends and family what you’re doing (“what? no clients?”). Faced with new friends or in-laws I try the Monty Hall Dilemma (aka 3 doors dilemma) on them to get a grasp of their statistical curiosity. If explaining the simple quiz showRead more
