Received a curious message from Google. In line with the “right to be forgotten“, somebody mentioned on this website actually submitted such a request. People who wish to be forgotten usually have a history of petty crime or similar misbehavior they are rightfully ashamed of. Here’s the full message from Mountain View : Hello, DueRead more
A surprising turn of events last friday. According to Paul Schaink, one of the joint liquidators of the firm, there’s a deal with the insurance company AIG. It will cover most of the estimated EUR 126 million claim against former board members. Details of the settlement will follow in a few weeks. Judge decided in 2013Read more
Pretty big news from the other side of the Atlantic. High speed trading firm DRW Trading has bought smaller rival Chopper Trading. DRW is a giant in the high frequency industry and one of the largest prop trading firms in the Chicago – and the world. A few years ago the firm, founded by legendaryRead more
Somehow Binck reminds me of Van der Moolen in their last months. A listed company and a board which seems to have lost touch with reality. That’s nice when writing a kind of financial blog. Expected a quiet December, but voila : Binck. Time to get the popcorn. SOR functioning poorly Contender DeGiro showed credibleRead more
It’s currently out of fashion, but last years papers were filled with reports of traders getting busted stealing their employers secret software code. We’ve seen the alleged code thief at Goldman Sachs, Aleynikov. At Flow Traders USA we’ve learned Jason Vuu has been e-mailing himself several strategies and computer code. Not too smart. Vuu tried toRead more
