DeGiro needs cash. The discount broker is investing heavily in marketing. Advertising on TV and internet is expensive, and their balance sheet is apparently running empty. I got the hand on a confidential prospectus on a certain DeGiro offering. Showing more colour on the broker. DeGiro figures
The more hype for an event, the bigger the possibility of a deception. A non-event instead of an exciting trading day. The looming Brexit vote on June 23th is already the grandmother of all high volatility events. Bet this time it will be no different. The July options trade at a big premium. Exchanges chiming inRead more
Both Virtu and Flow Traders had their IPO in the last year. On May 4th both of them released disappointing first quarter earnings. Turbulent markets are good for traders. One could expect these stocks to be stable. When markets plunge, they should be fine. When markets soar, a rising tide lifting all boats. But itRead more
