Nobody seems to escape from the crisis. Pensionfunds are in troubled water, real estate prices drop and the government is the proud owner of banks and industries. Bank employees are struggling to keep their jobs. And the option-traders? Anyone trading for a bank is risking their job, but the pure play market makers should beRead more
Most commenters haven’t been very optimistic on Van der Moolen’s chance of survival, and neither has this website in general. Can’t remember writing anything positive on VDM (don’t blame me for that). But every trader in Amsterdam will share the feeling a true icon from the past is gone. However, the company used to beRead more
The Financieele Dagblad this weekend opened with a story on the frontpage of traders leaving the firm in vast numbers. A third of the derivative traders left the company in Amsterdam as a cut in their bonus deal wasn’t acceptable for them. Their London office saw ten traders leaving the firm two months ago forRead more
Noticed this wonderful graph in a morning note from AFS Brokers last friday. Time to go outside.
Van der Moolen serves as an easy target to make fun of. The listed trading firm has to inform the public on every bad move it makes. Today was another fine example. For unknown reasons the charming Hans Kroon decided not to join the board. A topic for speculation. Then the financial markets watchdog AFMRead more
