For sale on eBay, an original Van der Moolen statue depicting the classic fight between bull and bear, with a very catchy slogan “the legend lives on“. Guess the old Van der Moolen himself could never have imagined to live on in secondhand markets. Anyway, it’s made in Holland so quality is guaranteed. It’s somethingRead more
It has been almost exactly two years Optiver and Binck announced the birth of little TOM. This venture would initially channel all retail order flow from broker Binck straight into the books of Optiver – and profits to be shared among both parents. This plan would be devastating for the derivative market and all itsRead more
Outsiders usually have difficulty distinguishing a broker from a market maker, and this time it’s no different. Strange thing is even Euronext is confused. Every firm is a trading firm. Wouldn’t surprise me if some people at Euronext have the title “trader” on their business cards themselves. Anyway, the trading floor at the exchange building wasRead more
It’s a common habit for trading firms to postpone the release of financial results as long as is legally possible. Last february IMC released the results over 2009 – and all of a sudden Pot and Defares decide to share the information on 2010 results with the rest of the world. If intended to surprise thisRead more
The market makers in Amsterdam have a pressure group for defending their rights in discussions with governmental institutions like the trading watchdog AFM, the national bank DNB and all other sorts of (semi) government. Recently in focus was the proposed limitations in handing out bonuses to employees – talks are still ongoing. They don’t wasteRead more
