Posts in: Uncategorized

The clumsy buy-out of broker IWB

46 comments / May 11, 2010

Independent Wholesale Brokerage was formerly known as Oyens & Van Eeghen brokerage, but among traders it has always been known als IWB. Completely unknown by the outside world, this firm is arranging trades between profesional clients and market makers with the use of voice brokerage : talking all day to market makers and trading desksRead more

The curse of the fat finger

53 comments / May 6, 2010

Chances are you have had a difficult evening explaining your family members the stress and panic caused by the Dow Jones brief cave of nearly 1000 points. After all, it can’t be important as it hasn’t been on national television. And those gamma, vega and delta positions after a 15% gap down in the morningRead more

Market makers ranked by quotes – 2010

30 comments / May 3, 2010

Last month the liquidity providers for the option classes listed on Euronext where redivided. Of course the situation hasn’t really changed from last year, with the exception of the exit of VDM/Curvalue and the entry of some new firms consisting of former Curvalue traders. In addition, the Americans from Susquehanna are participating as well. PrimaryRead more

The art of firing at IMC and All Options

95 comments / March 3, 2010

There’s a good reason not to laugh at your former fellow traders being fired. You could be next. Especially when you’re working for IMC. After sacking two traders on bonus day, an additional twelve traders were shown the door. Management doesn’t escape from the cost cutting efforts neither, as the Hong Kong and Sydney officesRead more

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