Posts in: Uncategorized

Optiver’s profits rebound

214 comments / March 3, 2011

It sounds like ages ago when Optiver was hammering the oil prices. It has been five years since the evil Hammer has been used in 2006, and court case is still dragging on. Here’s a perfect short official summary of the situation in 2006 to fresh up your memory. Love the quotes (“You should milk itRead more

Consequences of exchange merger

219 comments / February 18, 2011

There has been a traditional bit of competition between derivative markets Eurex and Euronext. Mostly for the sake of tradition and maybe a little bit for the European Union (look mother, we’re playing competitors). Loaded with employees, slow to adapt and absolutely unfit to combat lean and mean contenders, the exchanges look more like aRead more

IMC reports stable profits

149 comments / February 7, 2011

We’ve been waiting for while now, IMC has finally reported a profit of 26 million over the year 2009. It was worth the wait, as it is pretty okay compared with their peers at Optiver (2 m) and All Options (-42 m). Informal sources confirm 2010 has been even way better than 2009, posting aRead more

Money, speed and Aperam

37 comments / January 31, 2011

Last week there were a lot of happy folks around in the Mittal crowd, largely thanks to an anonymous big spender who apparently didn’t read the manual (or the wrong one). Some fingers point at Timber Hill or Sig, but we will never discover where to send the flowers. Anyway, the Aperam spin-off has been trading forRead more

Phanos forced to sell AFS

48 comments / January 27, 2011

Real estate firm Phanos is definitely experiencing difficulties in the struggle for survival. It didn’t pay interest on their bonds. Generally speaking not a very positive signal. That’s bad luck for FC Utrecht and their players. Anyway, apart from sponsoring a football club and doing some real estate business – there’s a relevant angle onRead more

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