You’ve got to give them credit for this – the public relations department at Euronext is doing a great job. Confronted with a problem (empty trading floor), solving the problem (new tenants) and presenting the affair as great news ; “traders returning in numbers to Beursplein 5“. Royal princes Maxima will sound the opening bellRead more
In the world of Euronext and Eurex the market shares of individual market makers are well hidden secrets. The only detailed information the exchange is willing to give you is your own market share. And all right, they exchange is willing to tell you how you rank among the rest. But if you’re number two,Read more
Apart from the usual issues with our fragile currency and defaulting Mediterranean nations, there was surprising news from Euronext – the troubled exchange which is experiencing great difficulty in basic operations. The Dutch retail investor association VEB launched a compensation procedure for the great mess up of July 29th. The expiration procedure of the Weekly AEXRead more
Only a couple of years ago the world of trading was easy. The banks and hedge funds traded OTC against each other and everything smaller such as market makers traded the regular way. A few years and a few banks later, things have changed a little. Apart from offering regular block trading, Eurex is alsoRead more
Many traders will remember the great trade in Getronics options early 2005. A smart fella found a loophole in Euronext’s Corporate Actions Policy with regard to a reverse stock split in penny stock Getronics. Contract size 12 Some options existed with a tiny block size of 12, called the GTO (Getronics Old) class. A left-overRead more
