The Belgian government proposed an hilarious tax two months ago. Short term profits will be taxed (33%) for retail investors. Losses aren’t taken into account. The idea is the capital markets are bad, just like smoking or alcohol. Slowly, details emerge. All exchange traded instruments are assumed to be within the scope of the tax.Read more
The Amsterdam stock exchange is considered the oldest in the world, founded in 1602 (link). It escalated pretty quickly, the art of short selling began in 1609. The first European option exchange started in 1978. Some mergers and spin-offs followed, but The Netherlands has a stock exchange history. While it’s an international company, a lot of Dutch peopleRead more
The equity options volumes traded on the European exchanges see less block trades and more liquidity on screen. This is positive in multiple ways. First, it helps price discovery when the transactions are openly traded in the screen. It removes barriers of entry for smaller investors. A market where only block trades switch hands, while screens remainRead more
Don’t mention the war. Euronext created country indices for Germany, Spain and Italy. Stock indices consisting of 30 stocks each. Developed these indices somewhere in the summer, but now the plan is to introduce derivatives on these indices. Futures and options on a competitor for the DAX. I don’t make this up. Plans will probablyRead more
By order of the court, TOM and Binck are explicitly having a disclaimer on their website. It has been proven the execution for option orders isn’t always the best at TOM. This situation was a clear case with orders in stocks. DeGiro created clear examples where stock trading at Euronext could give better executions. IRead more
