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Posts on: February 2010

Van der Moolen’s garage sale

201 comments / February 24, 2010

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

You’re fired, IMC style

111 comments / February 8, 2010

Firing people is never easy. Especially when you still want to feel good about yourself, and keep the other traders happy and confident. Scores of books are written on the fine art of laying people off. Trading firm IMC doesn’t need any advice for firing people. They’ve found a perfect way to get rid ofRead more

Poker championship for traders

20 comments / February 4, 2010

Among normal citizens, good traders usually do quite well in a regular game of poker. Some traders are even better in playing poker than trading derivatives. Anyway, get your agenda’s as February 27th you’ll be able to win the title of the best poker-playing-trader of Amsterdam. But there’s more good news. All revenues will flowRead more