Certain news isn’t important enough for a post on its own, but interesting none the less. Alphabay, the Van der Moolen spin-off including most higher ranked managers, has been axing their headcount. Approximately half the staff has been laid off, including the general manager. Earlier some support staff were fired in an attempt to cutRead more
The traded volume in the options with maturities of one week in the single stocks isn’t very exciting. For example, the volume in ING’s weekly options yesterday was 875 contracts, which is nothing compared to the 50.000 contracts in the regular ING options. For the weekly options on Royal Dutch the situation is even moreRead more
Van der Moolen may be bankrupt, but the stock is still open for trading. The original plan was to delist the shares on August 10th 2010. However, according to this press release the suspension of trading in the shares is postponed until the December 2010 expiration. This way the outstanding option positions in MOO are settledRead more
Quote magazine and the comments over here have been a lot faster in reporting the free fall of Optiver’s profits. After a long series of steep rising profits, the company made a lousy 6.3 million EUR. To put it in perspective, that’s peanuts compared with 2008 (228m), 2007 (179) and also 2006 (99) and 2005Read more
One may have missed it easily, but last Friday during the July expiration three new classes have been introduced. The weekly options on Arcelor Mittal, ING and Royal Dutch. All innovations are usually received with a warm welcome by Amsterdam traders, as long as it is options on something liquid. The dividendfutures are still waitingRead more
