This weekend the annual Financial Football Tournament was organized again by Bennington. Usual place (FC Abcoude), usual good atmosphere and the usual strong teams from abroad. Not surprising, amidst weeks of rainy days the tournament was on a bright sunny day. We do God’s work, so it’s only fair he returns us the favor by sending someRead more
Interesting interview with The Order Machine’s CEO Willem Meijer this weekend in Het Parool. Although this newspaper is focused on Amsterdam, interviews like this would usually be published in Het Financiele Dagblad. Anyway, Meijer – with a new rebel look – has got something to say. Things are going fine with TOM. The market shareRead more
The country turned orange this week with our new king. Not much too add, but reading the Economist today on the Dutch Fleet in electronic trading. Briefly mentioned the history of the Dutch exchange and the three most prominent Dutch trading firms. Not the latest edition, but from April 20. Here’s the link. For marketRead more
The market in AEX index options on Euronext has always been a competitive battleground. Not in the same league as the Eurostoxx options, but still tight spreads and liquid markets. No wonder the exchange is defending it by raising legal barriers of entry for TOM. In the meantime, there’s something wrong in the AEX forRead more
Didn’t arrive as a surprise. Euronext Liffe sues The Order Machine (TOM) for trademark infringements with respect to the options introduced on the AEX index. Euronext is the owner of the AEX index, and doesn’t allow other exchanges to introduce derivatives with AEX as underlying value. As of January 2013 the index options on AEXRead more
