Wholesale brokers AFS and IWB agreed to merge their operations. The firm will continue under the flag of AFS. The brokers from IWB will join their former competitors in the exchange building. No idea on the details on the deal, but expect to read it in the papers tomorrow. Back in the good old daysRead more
No news on the 2011 results of Optiver. The year was more volatile than the current one, and Financieele Dagblad reported months ago the firm made a profit of EUR 160 million – up from 75 from the preceding year. For us mere mortals, we had to wait for the official annual report for theRead more
But remember to come back in September, so after an unusual break for more than a month everything will continue as normal. Still doing fine, but appreciate your warm concern in the meantime. Patting myself on the back for updating this site every single month since January 2009. Speaking of Swiss clocks and ancient stock market wisdom,Read more
Every once and a while mails arrive asking for advice for getting a job in the trading industry. Well, I’ve found the perfect job for getting a foot between the door at one of the major trading firms from Amsterdam, IMC Financial Markets. Bizarre job Hat tip to the comments, would have missed this goldenRead more
Short post, can’t do it much better than the Sydney Morning Herald today. Some mails surfaced from the period the Tibra founders were still working for Optiver. Finally, the password has been broken. “Ok Cats, We are 6 weeks out and under the pump. Here is the timeline we are working off.“ Source Optiver profit 256Read more
