Sign up for free newsletter

 

Netherlands flag

BNP Paribas joins TOM MTF as new member


BNP Paribas is the latest member on the TOM (The Order Machine) MTF derivatives market.

TOM MTF currently has a stable market share in the Netherlands of around 30 per cent, a figure the firm expects to grow to 40 to 50 per cent later this year.
 
Currently more than 50 per cent of the Dutch retail flow is executed on TOM MTF. 
 
Willem Meijer, chief executive of TOM, says: “We are delighted that an institutional firm with the international reputation of BNP Paribas will join TOM. The membership of BNP Paribas is a good signal towards both existing and prospective members of the quality of our market. A large variety of participants will improve liquidity and tighten spreads.”
 
Olivier Osty, deputy head of global equities and commodity derivatives, says: “BNP Paribas is pleased to add TOM MTF to our list of European trading venues. TOM’s competitive fees, the volumes and the well-known infrastructure offers new opportunities for BNP Paribas and for its clients. We look forward to being an active participant in the market.”

events
4 days 11 hours from now - London
5 days 11 hours from now - London
5 days 11 hours from now - New York
6 days 4 hours from now - London
listingsdirectory
Meyler Capital
Tue, 06/09/2016 - 15:57
Nasdaq
Tue, 30/08/2016 - 11:02
Edelman
Thu, 18/08/2016 - 10:14
training
Mon, 03/10/2016   - London
Mon, 03/10/2016   - London
Tue, 04/10/2016   - London
specialreports
other gfm publications