The game has changed, old tricks don’t work anymore. Not for Euronext Liffe, that is. Steadily introducing new options on stocks may have worked in the past, but is currently facing strong headwinds. Don’t expect much enthusiasm for quoting the new Ziggo options. Market conditions have seen better days. Currently the number of serious market makers isRead more
In their unusual move to reduce the fees, Euronext raised the stakes. The trading in options and futures on the midcap AMX index needs to flourish. Market makers can trade for free. Their commitment may be the bottleneck. For a liquid options market, there needs to be a good market in the futures. This futureRead more
After sleeping decades without any competitors, Euronext Liffe started to pick up some speed in defending their option market against new entrants. The one cent tick size started today. The other major announcement was the introduction of options and futures on the AMX Midcap index. AMX futures end of March No time to lose. Introduction ofRead more
Euronext announced today to slash the tick size in stock options, of which the underlying shares are components of the AEX index. Options with a premium lower than 5 euro will be traded in increments of 1 cent. This means a whole new battlefield with new trading tactics. After ten years of talking, the newRead more
Time for some global news. Updates on local Amsterdam pubs are dull. Rick Santorum is a Republican presidential candidate in the USA. Depending on the outcome of the primary election, he could eventually be running against Obama later this year. I’m used to skip intro and tune in when the real action starts in the States.Read more
