The year of 2010 is basically over, everyone expects trading to be rather thin the last two weeks and shift their attention to Christmas presents and having drinks with brokers and clearing banks. This has been a difficult year for most of us, with a lack of trading hurting profits of several firms. There haveRead more
Market maker bonuses under fire of the financial authorities – in effect over results over 2010. Bonus capped, stretched over three years and partly in non-cash items such as shares. After several rounds of nice chit chat and popcorn moments reading the Quote 500 list and the who’s earning/losing what amount in which currency discussionsRead more
It has been quiet around IMC for a while now, but last week they could be found again in the press. This time in a rather positive way and in a newspaper a lot more prestigious than amsterdamtrader. In the trading room section of the Financial Times (registering required), journalist Jeremy Grant asked for anRead more
A couple of weeks after the launch of the new rich list, the Quote 500, the researchers must have realized their estimates for some folks must have been way to optimistic. Any derivative trader could have told them of course. The 2011 edition of the Quote 500 will probably see Allard Jakobs tumbling down theRead more
This week started with volatilities dropping to new lows, but thanks to the Irish banking crisis we’ve seen some action after all. Perhaps this turmoil on the green island will reignite the European debt crisis again, with returning panic and failing banks. Could save the year for a lot of market makers. With the possibilityRead more
