29 March 2015

BNP Paribas joins TOM MTF

15 May 2014  |  1202 views  |  0 Source: TOM

TOM (The Order Machine) welcomes BNP Paribas as new member on the TOM MTF derivatives market.

At this moment TOM MTF has a stable market share in the Netherlands of around 30%, a figure TOM expects to grow to 40% - 50% later this year. Currently more than 50% of the Dutch retail flow is executed on TOM MTF.

Willem Meijer, CEO of TOM (The Order Machine): "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, said: "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." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Who is commenting?

Top topics

Most viewed Most shared
Banking has reached a digital tipping poin...
9866 views comments | 54 tweets | 30 linkedin
Europe sets the pace as fintech investment...
5387 views comments | 29 tweets | 20 linkedin
Google preps Gmail bill payment feature
4641 views comments | 13 tweets | 12 linkedin
Barclays and PayPal join Government ID acc...
4451 views comments | 10 tweets | 11 linkedin
Credit Suisse paper offers qualified bitco...
4173 views comments | 5 tweets | 9 linkedin

Featured job

Competitive Package
London or Frankfurt

Find your next job