21 April 2015

BNP Paribas joins TOM MTF

15 May 2014  |  1213 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

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
BBVA buys UX firm Spring Studio
7515 views comments | 35 tweets | 17 linkedin
PayPal exec wants to replace passwords wit...
6413 views comments | 40 tweets | 18 linkedin
RBS and NatWest customers go into meltdown...
5697 views comments | 10 tweets | 8 linkedin
World Bank reports big drop in numbers of...
5446 views 10 comments | 37 tweets | 16 linkedin
Apple Pay coming to Canada
5057 views comments | 13 tweets | 13 linkedin

Featured job

Competitive base & commission + equity
New York City, NY, USA

Find your next job