Fresh e-mail from my broker Alex tonight, highlighting all the tremendous benefits TOM will have for Jack the retail investor. Just in time, because my investment portfolio has seen better days. Alas, no such positive thing. Retail investors won’t see a penny and market makers are forced to leave Euronext for Tom. Liquidity providers on EuronextRead more
You’ve got to give them credit for this – the public relations department at Euronext is doing a great job. Confronted with a problem (empty trading floor), solving the problem (new tenants) and presenting the affair as great news ; “traders returning in numbers to Beursplein 5“. Royal princes Maxima will sound the opening bellRead more
Apart from the usual issues with our fragile currency and defaulting Mediterranean nations, there was surprising news from Euronext – the troubled exchange which is experiencing great difficulty in basic operations. The Dutch retail investor association VEB launched a compensation procedure for the great mess up of July 29th. The expiration procedure of the Weekly AEXRead more
For the second time in seven days Euronext fails at calculating correct expiry levels. Nobody is perfect. Organizations aren’t perfect either. However, when organizations fail consistently in performing simple yet important routine tasks – there’s something seriously wrong. Of course I’m referring to Euronext. Sometimes a little slow and always overcharging their customers, but previouslyRead more
When it comes to reliability of their systems, Euronext isn’t exactly the bank of Switzerland. Every once and a while the market is shut down or having a delayed opening – their thousands of employees can’t get the exchange work like.. well.. Eurex. Most recent challenge is broadcasting the index level, the AEX. Apart fromRead more
