The volume in the options market at Euronext Amsterdam will decline in a few months. TOM will tweak their routing model, capturing a few more percent of the retail order flow. Best price guarantee Currently, the retail orders from brokers Binck and Alex will always be executed on TOM. They have a “best price guarantee”Read more
Not afraid to admit it, I have read it first in the comments here. It has been confirmed : IMC has sacked 23 employees last Wednesday (April 9th). Some traders, some IT staff. That’s around 10% of the headcount in Amsterdam shown the door. Add up the folks who left after pocketing their bonus twoRead more
Suddenly a bucketload of news on IMC. First of all, Wiet Pot and Remco Lenterman have called their old pals at Goldman Sachs. Seems IMC is bidding 30 million for the floor trading business at the big board in New York. Maybe they’re keeping the specialists alive as main argument for HFT, it’s a kindRead more
