The Belgian government proposed an hilarious tax two months ago. Short term profits will be taxed (33%) for retail investors. Losses aren’t taken into account. The idea is the capital markets are bad, just like smoking or alcohol. Slowly, details emerge. All exchange traded instruments are assumed to be within the scope of the tax.Read more
The Amsterdam stock exchange is considered the oldest in the world, founded in 1602 (link). It escalated pretty quickly, the art of short selling began in 1609. The first European option exchange started in 1978. Some mergers and spin-offs followed, but The Netherlands has a stock exchange history. While it’s an international company, a lot of Dutch peopleRead more
The equity options volumes traded on the European exchanges see less block trades and more liquidity on screen. This is positive in multiple ways. First, it helps price discovery when the transactions are openly traded in the screen. It removes barriers of entry for smaller investors. A market where only block trades switch hands, while screens remainRead more
Today is the big day. ABN AMRO will go public again. Unsure yet about the IPO price, the opening level and other details. Will be available everywhere and will even hit the evening news. In the Netherlands this public offering is a big thing. My taxi driver and the cleaning woman are confident. Signing up forRead more
The annual Dutch rich list, Quote 500, is out again. The list (nl) of most wealthy people contains the usual suspects. Predicted earlier a jump of the largest shareholders of Optiver and IMC. The estimates for some people have been lowered, and didn’t make it to the list. Rene Schelvis may have spent too much on great cars. AndRead more
