Online broker DeGiro surprised everybody today. On national television they came with the news TOM’s smart order router (SOR) doesn’t work very well. In fact, the guaranteed “best execution” proved to be fake. To make things worse, apparently a HFT firm has seen enough time to benefit from the trades. Research paper The Dutch pdf canRead more
Last month Euronext announced to cut fees for option trading for retail investors. In order to match TOM’s transaction fees, the fee was lowered from 40 cents to 31 cent per option. The question is always whether or not the brokers lower the fees to the investors, or are happy to keep the extra profitRead more
As the first exchange in Europe, the weekly index options were introduced by Euronext Liffe Amsterdam in 2006. Two years later the famous daily index options followed in 2008. Still a very successful product with good volumes. Unfortunately for Euronext most flow is executed on TOM these days. After another two years the weekly optionsRead more
This is not an advertorial. We have a new retail discount broker in town and their fees open up a whole range of possibilities. Difficult not to get enthusiast about DeGiro‘s fees in the option market of 85 cent per contract, where market leader Binck charges EUR 1.95. Suddenly, trading the Dutch option market isRead more
