Just a little more than a week ago Euronext Liffe presented the outcome of the selection process of liquidity providers. This website even presented a wonderful graph with all firms and their number of roles. Also brought the news of the end of some classes of weekly stock options. Well, turns out not all this informationRead more
In a last effort to stay competitive, Euronext Liffe has cut transaction fees for clients and liquidity providers. A textbook example of too little, too late. It’s difficult not to be cynical. On the other hand, after all these years running a business as a true monopolist it’s a giant leap for Euronext. It’s wayRead more
In the past Euronext Liffe used to have an auction in market maker roles every six months. This has been changed, and all roles have been auctioned. This selection process is based on the performance of the market maker in the past year. Quoting tight and for size will earn you brownie points. Generally speaking,Read more
Two weeks after the bell ceremony by Princess Máxima, there’s another golden opportunity for the public relations department of Euronext Amsterdam. The silly pack of protesters of the Occupy movement decided to stay on the Beursplein. For analysis of their (lack of) demands and goals seek elsewhere. These people camping on the Beursplein are oneRead more
In the light of the current TOM discussion it’s a little bit a spoiled party, but Euronext Liffe will introduce new flavors of liquidity provider schemes. In the current set-up, market makers in options can apply for two different roles: Competitive Market Maker (CMM) Obligation to quote at least 10% of all calls and putsRead more
