One of the nicest parts of writing a post here is the search for a picture. However, sometimes the last picture says it all. Jeez, not this shit again. Thursday and friday parts of the option market in Amsterdam have been shut down again as a result of technical problems. It was embarrassing in theRead more
Political turmoil around Mediterranean sea. In Greece the coalition lost their majority to some nutballs. Another insolvent country voted for socialist Hollande. Market heading south early monday morning. Not in Amsterdam. Euronext LIFFE moved a few servers in the weekend. Changed a few wires. Trading in index futures and options has been halted for most part ofRead more
The game has changed, old tricks don’t work anymore. Not for Euronext Liffe, that is. Steadily introducing new options on stocks may have worked in the past, but is currently facing strong headwinds. Don’t expect much enthusiasm for quoting the new Ziggo options. Market conditions have seen better days. Currently the number of serious market makers isRead more
In their unusual move to reduce the fees, Euronext raised the stakes. The trading in options and futures on the midcap AMX index needs to flourish. Market makers can trade for free. Their commitment may be the bottleneck. For a liquid options market, there needs to be a good market in the futures. This futureRead more
After sleeping decades without any competitors, Euronext Liffe started to pick up some speed in defending their option market against new entrants. The one cent tick size started today. The other major announcement was the introduction of options and futures on the AMX Midcap index. AMX futures end of March No time to lose. Introduction ofRead more
