It’s has been confirmed WEBB Traders takes over Caerus. They have a lot in common. They are both start ups launched after the demise of Van der Moolen. WEBB is mainly active on the cash market, and Caerus is market maker in the derivative business. It doesn’t really come a a surprise. In the last [...]
In the option market, the market makers are quoting options to capture a profit from the bid-ask spread. Apart from this, sending bids and offers to the market serves another practical goal. Euronext Liffe is charging less when you are providing liquidity to the market. It’s not unusual for a lot of market makers to [...]
Alphabay has liquidated its derivatives positions tuesday. The total positions were cut in three portions. The AEX index positions (including options with long maturity), the Euronext stock options and the Eurex stock options were offered as separate batches. The word is Liquid Capital has taken over all the positions. Alphabay has never been a popular firm. The [...]
Reading yesterday’s news on the remains of Van der Moolen in the Financieele Dagblad. Turns out at least seven spin-off’s have been created from the wrecked company. One may wonder how many of the seven dwarfs will survive in 2010. Fairy tales usually have a happy ending, so maybe we could say “and they lived [...]