Dull trading lately, moving on to 2011 in a very slow pace. Not much happening apart from some spikes in the futures. Just between enjoying the Christmas dinners and showing off with fireworks next friday, there is some small news. Well, it ain’t exactly news as it won’t be a surprise to most readers andRead more
A couple of weeks after the launch of the new rich list, the Quote 500, the researchers must have realized their estimates for some folks must have been way to optimistic. Any derivative trader could have told them of course. The 2011 edition of the Quote 500 will probably see Allard Jakobs tumbling down theRead more
The news didn’t hit the wires as a big surprise. All Options is seriously cutting its headcount, and will retreat to their office at the Herengracht 433. They will leave the large trading floor at Beursplein 5. This trading floor needs to be filled with other traders by Euronext. After all, the daily opening ceremony ofRead more
Around a week ago the latest auction of the Euronext liquidity provider schemes (ELPS) was held . The coming year the liquidity providers for liquid stock options like Royal Dutch, Mittal and Aegon and a dozen of small stocks have been selected. There hasn’t been much movement – didn’t notice anything particular at first glance.Read more
Norwegians and high frequency firms take advantage of Timber Hill. The largest market maker by turn-over volume in options on Euronext is probably the technological driven Timber Hill. It’s part of NASDAQ listed Interactive Brokers. Timber Hill is quoting everything and everywhere, using a linked global trading system. One single trader/mechanic is responsible for quoting allRead more
