Not really an expert when it comes to French taxes. That’s okay as long as the only link is the tiny tourist tax. However, if you’re involved in trading French over-the-counter stocks and derivatives – you should take the time to figure out what’s happening at the moment. See, there is this stamp duty taxRead more
Brochures for a second house in the Swiss alps are taking a lot of space on my coffee table lately. Even checked the availability of “zugtrader.ch”. As of monday I’ve been seriously worried about this Financial Transaction Tax – with Merkel lining up behind Sarkozy and his pledge for the Tobin Tax. Sure, such aRead more
Best wishes to all of you, hope you survived the weekend and nobody got hurt playing with fireworks. The year 2011 was quite a trading year. Two brief periods of market panic and elevated volatility levels all year long. No casualties among the ranks of market makers for a change. Alas, two brokers were forcedRead more
Euronext raised fees for small market makers. After three weeks in business, the decision is cancelled again. The preferential class fee scheme for market makers has been removed from the price list as of December 1st, and the fees for market makers without liquidity provider roles doubled. Apart from not understanding the economic need toRead more
Some pretty local news now. Like I said before, Euronext has problems. It employs too many people, its hands are tied to political and national demands and is unable to compete against new contenders. There is only one bright spot. The traditional exchange building on Beursplein 5 is a marketing dream. The Occupy moment underlinesRead more
