One of the nicest parts of writing a post here is the search for a picture. However, sometimes the last picture says it all. Jeez, not this shit again. Thursday and friday parts of the option market in Amsterdam have been shut down again as a result of technical problems. It was embarrassing in theRead more
Political turmoil around Mediterranean sea. In Greece the coalition lost their majority to some nutballs. Another insolvent country voted for socialist Hollande. Market heading south early monday morning. Not in Amsterdam. Euronext LIFFE moved a few servers in the weekend. Changed a few wires. Trading in index futures and options has been halted for most part ofRead more
In a few weeks the ninth edition of the Financial Football Tournament will be held on Saturday 16th of June. Scrocca was the new co-sponsor for the event last year, together with Eurex and KBC Clearing. This year the sponsorship is a little different. And a little difficult. KBC Clearing left the business altogether. ScroccaRead more
Finally. The CFTC and Optiver reached at settlement for the manipulation of oil prices in 2007. The firm didn’t do anything wrong at all, but is nevertheless very happy to pay 14 million in penalties. Optiver has traded certain contracts which settle at the closing price (TAS contracts). The firm has manipulated this closing priceRead more
The good old days from the open outcry trading in the pit are gone. But it remains a source of good stories. Last Friday was a good place to share them, with the annual reunion of the former traders, brokers and order book officials. FOW Event Coming up next is another networking event, but thisRead more
