In less volatile markets, IMC Financial Markets is still doing impressive with a profit of € 127 million over 2013. That’s 63% more than over 2012. The revenue was a nice € 403 million. Average pay €285k There has been some trouble in the past with the bonuses at IMC. Most of the variable cookie jar didRead more
Today the elections for the European Parliament. If the polls aren’t mistaken the biggest winner will be the anti-European PVV party. Not to discuss politics, but TOM is probably catching the right wave with their own Dutch stock index – the NL20. Silently the website for the NL20 has been launched, and of course it’s anRead more
Didn’t see this one coming. After years of decline, Allard Jakobs surprised everyone with a profitable last year. In 2013 All Options made a profit of EUR 995k. Very modest profit A profit of a million is peanuts compared with the massive losses earlier. Back in 2010 the firm lost 300k per day. Don’t evenRead more
The volume in the options market at Euronext Amsterdam will decline in a few months. TOM will tweak their routing model, capturing a few more percent of the retail order flow. Best price guarantee Currently, the retail orders from brokers Binck and Alex will always be executed on TOM. They have a “best price guarantee”Read more
Not afraid to admit it, I have read it first in the comments here. It has been confirmed : IMC has sacked 23 employees last Wednesday (April 9th). Some traders, some IT staff. That’s around 10% of the headcount in Amsterdam shown the door. Add up the folks who left after pocketing their bonus twoRead more
