Breaking news from The Order Machine, or TOM for friends: Founders Optiver and Binck invited another firm to join the party. ABN AMRO Bank is acquiring a 25% stake in TOM and the new powerful shareholder will join the board. Currently, ABN AMRO is already acting as clearing member for trades on TOM. The pressRead more
We’ve lost the final fair and square, and at least we managed to set a new challenging record for collecting yellow cards. Raymond Atteveld and Patrick Pothuizen will be taking over the helm. From the yellow cards statistics to trading volume numbers is only a small step. Serious and relevant statistics on trading are suppliedRead more
The weekly and daily options on the AEX index are extremely popular, and Euronext decided to have a go at weekly options in the equity single stocks. Onwards from July 16th we will be trading weekly’s on Mittal, ING and Royal Dutch Shell (RD). The basic idea is pretty similar compared with the AEX weeklyRead more
After exactly one month of trading, the dividendfutures on the AEX haven’t yet convinced the market. The futures opened for trading on May 3rd, and Susquehanna or SocGen is quoting these futures. Didn’t really expect turbulent trading, as the Amsterdam financial market is notorious for its unwillingness to trade new instruments other than options. TheRead more
The long awaited dividend futures are finally open for trading on the AEX. The trick of the trade seems simple, estimate the yearly dividend, and quote it all day. Doesn’t really move anymore. Euronext has found two liquidity providers ready to “quote” these futures. From the USA there’s Susquehanna (SIG) and from France there’s theRead more
