Summit Partners sees the peak of the financial market. Sold their stake in Flow Traders two weeks ago, now they are selling forex trading platform 360T in an auction to Deutsche Boerse. 3rd largest FX spot market While 360T may not directly ring a bell to everyone, it’s one of the largest independent (=non bank) foreignRead more
Optiver reported a record profit of € 246.9 million over 2014. This is better than the previous record from 2008 (€228 million) and once again they are the smartest kids in the room. They’ve beaten rival trading firms. Didn’t really come as a big surprise. Apart from an informed comment on this website, even tradersRead more
The list of top 100 rich young Dutchies is out again. Compiled by the magazine Quote, they have assembled a list of the most wealthy self-made folks under 40. Not surprisingly, a lot of football players and DJ’s on the list. And of course a few traders. Familiar names, most of them mentioned earlier onRead more
IMC Financial Markets have made a killing last year, but I’ve missed the point with the “steady growth“. Dusted off some old posts in the archive, got their yearly profits for the last seven years. Only 2011 was missing, but downloaded it from the kvk. Here, if you’re interested in old news. To cut aRead more
IMC Financial Markets posted record profits of €165 million over 2014. That’s 30% more than the previous year. Especially the last four months of 2014 have been very good, according to Rob Defares in FD (nl, paywall). The trading revenue was 17% higher with €474 million. Sharp growth since 2009 An annual profit of €165 million isRead more
