Former option traders for Curvalue/VDM pocket bonuses over the trading year of 2009. The bankrupt trading firm Van der Moolen will start paying significant bonuses to their former option market makers in Amsterdam. These former Curvalue traders are rewarded for their profits in 2009. I always figured a bankrupt firm won’t pay out anything anymoreRead more
Let’s face it, it hasn’t been a remarkable trading year so far. Trading is thin, and margins are decreasing. Van der Moolen spin-off Alphabay is the first victim going down and liquidating their positions. Apparently the start-up by VDM managers burned trough their cash in less than a year. Too many managers and support staff,Read more
Van der Moolen may be bankrupt, but the stock is still open for trading. The original plan was to delist the shares on August 10th 2010. However, according to this press release the suspension of trading in the shares is postponed until the December 2010 expiration. This way the outstanding option positions in MOO are settledRead more
After Van der Moolen’s the garage sale last winter, most of us expected this firm to vanish from the daily news. Could be an interesting textbook case of a company inadequate to adapt itself to the a new climate, with some curious human interest side stories. While the court investigations are ongoing into the board’sRead more
The big auction of Van der Moolen’s possessions in January was a big success. The proceeds did amount €400.000. Which was more than expected by the administrator. In part this may have been caused by former employees. Maybe overpaying for the computer equipment. The involvement of former VDM traders has been confirmed by the administrator.Read more
