German luxury carmaker Porsche has made 1 billion profit on selling cars in 2008, and 6.8 billion on trading options. Most of the option trading revenue is coming from cornering the market in Volkswagen shares. Powerplay in derivative markets Powerplay in the financial markets has been defended by “hedging” themselves against a rise in sharepriceRead more
In electronic derivative markets, erroneous order entries are common. Confusing price with quantity, accidentally leaning on the immediate sell buttons or setting automated trading functions in motion while experimenting with different parameters, messing up calls and puts – painful. These fat finger trades can definitely ruin your day, your career or even worse. No softwareRead more
While the Dutch AEX is holding ground, the rest of the world is sinking again in negative territory. For a trader, falling markets are as good as rising markets. Well, as long as there’s any trading around. German volumes fall This is where the trouble starts. The Germans witness a spectacular drop in trading turnover.Read more
According to a very irrelevant (and insignificant) but eye-catching “research“, the level of testosterone has a relationship with the trader’s performance. This outstanding academic study even involved the length of the fingers and the trader’s mother. Nobody needs university research to prove trading desks consisting of all-male traders in their twenties develop some kind ofRead more
Big news in small Amsterdam. Option market maker All Options buys rival trader Saen Options. I noticed a steep rise in hits on this post thanks to google yesterday. Yet, a little inside knowledge doesn’t make a difference as none of them are listed. All Options made a killing in 2007. It did their homework better thanRead more
