Outsiders usually have difficulty distinguishing a broker from a market maker, and this time it’s no different. Strange thing is even Euronext is confused. Every firm is a trading firm. Wouldn’t surprise me if some people at Euronext have the title “trader” on their business cards themselves. Anyway, the trading floor at the exchange building wasRead more
Just one market maker signed for quoting options on Brunel and Ten Cate, looks like All Options needs some brownie points at Euronext. Two is company, three is a crowd. Probably some deep truth in this saying, but one thing is for sure : one is definitely not a crowd. Euronext is launching new option classes often.Read more
The tragedy in Japan has sent markets south, but only after the nuclear problems in Fukushima appeared too difficult to handle a few days after the disaster struck. While there isn’t any market maker betting on the occurrence of this kind of misery, most market makers will be hedging their downward risks in any market. The farRead more
Once upon a time, there was a large trading pit in Amsterdam. Instead of dedicated long distance lines and high frequency trading, market makers could actually see each other. Things have changed, it has been more than eight years now and only folks like Sem van Berkel still resist the change. Anyway, the website optiebeursvloer.nl hasRead more
There has been a traditional bit of competition between derivative markets Eurex and Euronext. Mostly for the sake of tradition and maybe a little bit for the European Union (look mother, we’re playing competitors). Loaded with employees, slow to adapt and absolutely unfit to combat lean and mean contenders, the exchanges look more like aRead more
