Heard it through the grapevine, wasn’t able to double check this rumor on IMC Financial Markets. Don’t take it as a hard confirmed fact just yet, but the following story has been buzzing around. It’s short: IMC Financial Markets has shut down their Hong Kong office. Everybody is fired. Operations move to Sydney. Would fitRead 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
Last round of play offs for the primary market maker licenses ended last week. In nearly a dozen option classes the traders have been trying to quote as tight as possible for two months. The best liquidity provider wins. It wasn’t IMC so send the tightest quotes. IMC lost play offs. All of ‘m. TheRead more
Great, it’s time for the annual play-off for market maker licenses. The auction for primary market maker (pmm) licenses was held two months ago. The contestants had a month for learning the tricks of the trade. From December 1st they will start for real. Tight markets in scores of option classes. The market maker withRead more
It’s november again, time for the MOvember (grow a mo, save a bro) and of course a brand new edition of the Quote 500 rich list in the Netherlands. For details on 486 filthy rich you’d better buy a copy of your own, I’ll focus on the wealthy 14 who made their fortune in trading.Read more
