Just a couple of months ago we’ve been making fun of Timber Hill. A few Norwegian retail investors fooled the sophisticated automatic trading software and made a few bucks along the way. Both vikings, Svend Egil Larsen and Peder Veiby, were sentenced to suspended jail terms last October. Story isn’t over yet, as they will appealRead more
This month is busy with events for the Dutch derivative market participants. Of course there’s the annual poker tournament next week, which is a nice mix between playing Texas Hold’em and raising serious money for charity – all the cash will be donated to the Cystic Fibrosis Foundation. The former open outcry traders are welcomeRead more
Just one market maker signed for quoting options on Brunel and Ten Cate, looks like All Options needs some brownie points at Euronext. Two is company, three is a crowd. Probably some deep truth in this saying, but one thing is for sure : one is definitely not a crowd. Euronext is launching new option classes often.Read more
The tragedy in Japan has sent markets south, but only after the nuclear problems in Fukushima appeared too difficult to handle a few days after the disaster struck. While there isn’t any market maker betting on the occurrence of this kind of misery, most market makers will be hedging their downward risks in any market. The farRead more
Once upon a time, there was a large trading pit in Amsterdam. Instead of dedicated long distance lines and high frequency trading, market makers could actually see each other. Things have changed, it has been more than eight years now and only folks like Sem van Berkel still resist the change. Anyway, the website optiebeursvloer.nl hasRead more
