Only a few years ago, Euronext derivatives appeared a sleepy exchange – unable to deal with a new contender. Things have changed. TOM, aka the Order Machine, is in vulnerable position. It is up for sale as the owners can’t decide on the strategy. Euronext moved forward to spoil the sale of TOM. In anRead more
Dutch alternative derivative exchange TOM is for sale. The shareholders agreed to sell the business. It wasn’t a well-kept secret. The rumour has been making rounds for a few weeks. Hans Pieterse is appointed with a mandate to sell it. It’s an interesting case (press release). Too many captains There are a lot of shareholders.Read more
Hans Pieterse will be the new CEO of the option exchange TOM. When Willem Meijer announced to step down, the speculation about his successor began. Interesting to see Hans Pieterse returning to the industry. He’s an expert in the derivative trading industry, has a great network and rich experience as manager. Optiver veteran, loaded
Small news on the transfer season in the trading business. People trading jobs and houses. Big houses in Amsterdam and Chicago. Willem Meijer to step down as ceo TOM The tall and likable Willem Meijer announced to step down as CEO of The Order Machine, TOM. He was behind the wheel for almost seven years.Read more
A lot of words were used to describe the manipulation in the option market on TOM. This market structure issue is a piece-of-cake for insiders. However, normal people can find it hard to grasp. Luckily, we have more colour. The manipulation continued on Monday morning. It was easy to detect. In short, the kid manipulated theRead more
