While the introduction of options on Twentsche Kabel is still in progress, Euronext announced to introduce a new class of options, on Gemalto. And they are in a hurry. Trading will commence on July 25th, and market makers can apply until July 18th. Gemalto is the opposite of Twentsche Kabel. Don’t know much about thisRead more
The day after losing the court case against new rival TOM, Euronext announces to introduce options on TKH Group. That’s short for Twentsche Kabelfabriek Holding. Company founded in 1930, producing cables and still based in Haaksbergen in the countryside. Have to admit it, sounds like a charming stock. Options with code TKG will commence tradingRead more
Confusing times. Both TOM and NYSE Euronext claim victory after the court ruling on the AEX Index options today (Euronext, TOM). However, it’s not rocket science. The court has clearly decided in favor of The Order Machine, TOM. Euronext bites the dust The old exchange lost 30% of their market share to TOM in theRead more
Didn’t arrive as a surprise. Euronext Liffe sues The Order Machine (TOM) for trademark infringements with respect to the options introduced on the AEX index. Euronext is the owner of the AEX index, and doesn’t allow other exchanges to introduce derivatives with AEX as underlying value. As of January 2013 the index options on AEXRead more
All your SNS are belong to us. In a swift move the Dutch state nationalized the bank and insurance group SNS Reaal on February 1st. It was in the air for a while, but still shocking to see shares drop from 84 cent to, well, zero. As expected, trading in shares SNS is suspended atRead more
