The Amsterdam stock exchange is considered the oldest in the world, founded in 1602 (link). It escalated pretty quickly, the art of short selling began in 1609. The first European option exchange started in 1978. Some mergers and spin-offs followed, but The Netherlands has a stock exchange history. While it’s an international company, a lot of Dutch peopleRead more
The shock of the EUR/CHF move two months ago is a classic. Something you can tell your grandchildren about. Happened the day before the January expiration day – a small reminder to buy back those small short puts. Today in Der Spiegel a story about a 26 year old engineer. The guy has a netteRead more
With the shut down of the open outcry trading in Amsterdam end of 2002, a lot of young men suddenly lost their job. Their game of trading didn’t exist anymore. Trading options on the screen turned out to be a whole new ball game. Time for a career switch. Some retired, other traders found aRead more
