FOW event coming up
The annual Futures and Options World (FOW for friends) event in Amsterdam is coming up shortly. Thursday the 17th of March the conference will be held in the Hilton hotel at the Apollolaan in Amsterdam.
Was especially looking forward to the first panel discussion of the day. Paul Beck (Eurex), Adam Rose (Euronext), Willem Meijer (TOM) and Jasper Anderluh (DeGiro) could be very interesting. After all, Euronext and DeGiro are teaming up against TOM – while Eurex may be the most powerful outsider on the Dutch options market. Never a dull moment.
DeGiro censored, pull presence
Alas, while they’re still on the program flyer at the moment, DeGiro decided to pull their presence. DeGiro was told not to repeat their earlier allegations towards TOM Smart Order Router (SOR).
If you’re not free to talk, you shouldn’t be joining a discussion. A conspiracy theory could link the sponsors of the event to the content of the panel discussion : but no, this does not seem to be the case here.
Reason is FOW Events is scared of possible legal consequences (lawsuits, libel etc) and have a policy of stepping back when there’s a lawsuit looming. This lawsuit will never happen, but you can’t blame FOW for this. Binck lost another expensive lawsuit last Friday against semi-legal asset manager (“for friends only”) Fibonacci. Link (nl).
Derivative trading volume shift to TOM
Still, will be interesting to see the discussion between Adam Rose and Willem Meijer. Adam Rose (Euronext) had to report a boost in stock trading volume in February (+24% YoY), with a shrinking volume on the derivative side. Index options down with -15% and stock options -8%. The options volume has seen growth as well, it’s just not traded anymore on Euronext. It moved to TOM.
Other notable names present at the event will be Remco Lenterman and Albert Menkveld. Will be a promising day – and it’s for the second year in a row followed by the Dutch Financial Services Gala Dinner. For more information contact Ferry Boekholt. For tickets for the whole event find more information over here. But as usual, if you’re in the business you’ll already be invited.
first, last, nobody cares
Thought this DeGiro/Binck fittie was more or less over after they stopped TOM stock venue
“Binck lost another expensive lawsuit”
What’s the “first” lost lawsuit that you are referring to? And what’s the point you are trying to make? That a company the size of Binck’s will from time to time find itself involved in litigation? Good to know!
“If you’re not free to talk, you shouldn’t be joining a discussion.”
Is that what you told the people who discussed the IMC bonuses on this blog, after IMC sent their lawyers your way and you removed the posts?
DeGiro is not on the FOW programme as we speak. Were they ever or is their imagination and quest for free publicity getting the better of them again?
can u rephrase your point about removing IMC bonus posts?
FOW – are they even relevant anymore? Charge a ton and get the same brokers attending every year. ho hum