In the nineties, the trading in futures on the Bund was mainly concentrated in London open outcry pit of LIFFE. Suddenly, the Deutsche Terminbörse appeared with an electronic trading platform and almost overnight captured all market share in the bundfutures mid 1997. When this happened, Willem Meijer was in the fixed income business. Now Meijer is leadingRead more
A kind of meta story. The stock Euronext has been listed on the exchange Euronext for a few weeks now. On August 28th there will be options introduced on the stocks Euronext, on the Euronext derivative market. (AN14-011) Euronext options (code : ENX) will be a part of the new “spotlight” segment. Currently there areRead more
Last month TOM released their own Dutch market index NL20. Nice for the regular newspapers who have another press release to copy-paste, and some goodies for the rest of the market. Orange sunglasses. Truth is nobody cares about any new market index, as long as it can’t be traded. See for another irrelevant index the Telegraaf’sRead more
Today the elections for the European Parliament. If the polls aren’t mistaken the biggest winner will be the anti-European PVV party. Not to discuss politics, but TOM is probably catching the right wave with their own Dutch stock index – the NL20. Silently the website for the NL20 has been launched, and of course it’s anRead more
The volume in the options market at Euronext Amsterdam will decline in a few months. TOM will tweak their routing model, capturing a few more percent of the retail order flow. Best price guarantee Currently, the retail orders from brokers Binck and Alex will always be executed on TOM. They have a “best price guarantee”Read more
