The largest Dutch online bank Binck announced a joint-venture with market maker Optiver. All orderflow of it’s retail customers will flow directly into the books of Optiver. It will start with stocks, but the goal is to expand the operation to derivatives as well. The plans were known before, but now it seems it willRead more
Most interesting market rumours leave room for a lot of imagination, but won’t fill an entire post – decided to mix everything together. AFS verus Phanos The board of the most prominent Dutch broker has been sacked by the main shareholder. FC Utrecht’s shirt sponsor and real estate company Phanos decided to get rid ofRead more
Comments on posts on websites are highly appreciated. Mostly short views and opinions on other market makers and trading in general, it’s fun to read and now and then carry valuable clues of how trading firms are doing. Yesterday evening a comment was written on the proposed deal between market maker Optiver and broker Binck.Read more
In June 2008 the Dutch option powerhouse Optiver announced to team up with the biggest Dutch retail broker Binck to create their own marketplace. Retail clients of the broker would do all their option trading against Optiver, under the assumption of equal option quotes. Within the ruling of the MiFiD, the European markets directive, thisRead more
