Developments in greater China. The combined leftovers of Saen / All Options / IMC in Hong Kong has been sold to a Taiwan powerhouse. Headed by Ralph van Put, these (mostly) Dutch derivative traders were combined in the firm True Partner. They want to be a true friend of everyone, doing everything. Asset management, software development, low latencyRead more
Yeah, they got him. The guy who single handedly caused the markets to crash, armed with his excel sheet and some spoofing algo’s. Most people in the market are sceptic. This post by Adrian Ip is one of the best reactions I’ve read. Everything below is written by Adrian (who works for Thomson Reuters). Original source is here. IRead more
It’s a bull market, jobs all over the place. We’re in the happy days again! Sometimes job offerings tell more than official press releases. All Options expanding again From the big firms to the small boutique market maker firm All Options. Boutique is their own term. It’s been a while, but the firm once employed some 300 people afterRead more
IMC Financial Markets have made a killing last year, but I’ve missed the point with the “steady growth“. Dusted off some old posts in the archive, got their yearly profits for the last seven years. Only 2011 was missing, but downloaded it from the kvk. Here, if you’re interested in old news. To cut aRead more
IMC Financial Markets posted record profits of €165 million over 2014. That’s 30% more than the previous year. Especially the last four months of 2014 have been very good, according to Rob Defares in FD (nl, paywall). The trading revenue was 17% higher with €474 million. Sharp growth since 2009 An annual profit of €165 million isRead more
