We’ve been waiting for while now, IMC has finally reported a profit of 26 million over the year 2009. It was worth the wait, as it is pretty okay compared with their peers at Optiver (2 m) and All Options (-42 m). Informal sources confirm 2010 has been even way better than 2009, posting aRead more
It has been for a while now since the tick size in Euronext’s options have been lowered to 1 cent in the options with lower premiums. This “premium based tick size” is into effect since June 2009 and expanded per April ’10. The profit margins have been under unprecedented pressure. On the other side of theRead more
We’ve been trading 2011 options for a while now, and it’s a good thing we’re finally moving on to the new year and leaving 2010 behind us. It wasn’t a great year for many firms, with most well-known casualties All Options and Alphabay. The first is seriously downsizing in both office space and headcount, and Alphabay was forced to pullRead more
It has been quiet around IMC for a while now, but last week they could be found again in the press. This time in a rather positive way and in a newspaper a lot more prestigious than amsterdamtrader. In the trading room section of the Financial Times (registering required), journalist Jeremy Grant asked for anRead more
A couple of weeks after the launch of the new rich list, the Quote 500, the researchers must have realized their estimates for some folks must have been way to optimistic. Any derivative trader could have told them of course. The 2011 edition of the Quote 500 will probably see Allard Jakobs tumbling down theRead more
