Great, it’s time for the annual play-off for market maker licenses. The auction for primary market maker (pmm) licenses was held two months ago. The contestants had a month for learning the tricks of the trade. From December 1st they will start for real. Tight markets in scores of option classes. The market maker withRead more
There it is. Tom announced their trading fees for market makers and retail flow. It’s cheaper in Sweden. But not that much. Note the market maker fees will probably be a little lower when acting as liquidity provider. The current rate for liquidity providers at Euronext is 5 cent. No information yet on the feesRead more
It’s november again, time for the MOvember (grow a mo, save a bro) and of course a brand new edition of the Quote 500 rich list in the Netherlands. For details on 486 filthy rich you’d better buy a copy of your own, I’ll focus on the wealthy 14 who made their fortune in trading.Read more
Just a little more than a week ago Euronext Liffe presented the outcome of the selection process of liquidity providers. This website even presented a wonderful graph with all firms and their number of roles. Also brought the news of the end of some classes of weekly stock options. Well, turns out not all this informationRead more
In a last effort to stay competitive, Euronext Liffe has cut transaction fees for clients and liquidity providers. A textbook example of too little, too late. It’s difficult not to be cynical. On the other hand, after all these years running a business as a true monopolist it’s a giant leap for Euronext. It’s wayRead more
