TOM MTF Reports 53% Growth in Turnover for First Three Quarters of 2015
TOM MTF reports 53% growth in turnover for first three quarters of 2015 versus the same period in 2014.
TOM MTF reports 53% growth in turnover for first three quarters of 2015 versus the same period in 2014
Year to date 2015 options trading volume at TOM MTF rose to 20,837,086 contracts, which translates into a 53% increase versus the first three quarters of 2014. This sharp growth has resulted in an overall options trading market share of 42% for the period, versus 31% for the same period in 2014 (TOM calculates market share excluding OTC trades vs. Euronext).
Growth in Dutch index options has been particularly strong at TOM MTF as it has achieved a market share of 48% in this segment.
About TOM (The Order Machine)
TOM is a trading venue in The Netherlands offering equity and options trading and aiming for optimal competition between markets. To be able to offer clients the best available price for their orders, TOM developed a search engine (‘TOM Smart Execution’) which compares prices, faster than the blink of an eye, between markets. In principle, a client’s order is executed at the best available price. The shareholders of TOM are: ABN AMRO Clearing Bank, BinckBank, IMC, Nasdaq and Optiver.