The engines at Euronext have a reputation comparable with French cars. Unreliable and panne at the worst thinkable moments. In the past years the triple witching hours have been most likely to see trading halts. Recently the market shut down on December 15th and November 27th – but this year we did not experience any trouble. A whole quarter without glitches.Read more
DeGiro is hard to ignore. Every other day in the news in their conquest of new markets and connecting to exchanges. Latest news is they aim for a takeover of a part of Banco de Madrid. The Spanish bank is in trouble after a bank run and the brokerage part, Interdin, is owned by theRead more
That’s pretty fast. Euronext is launching options on Grandvision, the optical retail chain. Stock itself will probably qualify for inclusion in the AEX index next year – depending on how many shares owner HAL Investments will sell in the market in the coming months. After all, they still won 76.7% of the firm. IPO ofRead more
October is not only the month of legendary stock market crashes, also time for updates from Euronext on who’s who in the option markets. Here’s the overview of all stock options with the market makers providing liquidity. Some new firms joined, some others left. Won’t surprise you only two new entrants to game. New entrantsRead more
A lot of discussion in the option market of Imtech. The troubled company with a billion debt will start a rights offering worth EUR 600 million. The offering if fully guaranteed by a consortium of banks. As the current market cap of the company is some modest EUR 200 million, the dilution will be heavy. New rights willRead more
