Lyss schreef op 18 september 2015 10:01:
Wie vroeg hier laatst naar Degiro als broker?
Die jongens lijken heel erg fout bezig te zijn:
DeGiro : clients as counterparty for hedgefund
13 comments / September 17, 2015
This is shocking news. The discount broker DeGiro has been executing client option orders against their own hedge fund, HiQ. These option trades have been matched inhouse, which means the retail clients effectively have traded over-the-counter options against DeGiro.
And these “OTC” options means you run counterparty risk, the options are only guaranteed by DeGiro instead of a Central Counterparty like Clearnet (used by Euronext).
This internalizing happened without informing clients. Retail investors are unaware they may have done option trades against DeGiro instead of safely cleared by LCH.Clearnet on Euronext. There’s no opt out possibility. This can be devastating for the markets, and implies a lot of extra risk for investors. Finally, this seems to be the “catch” for the low fees at DeGiro.
Bron:
www.amsterdamtrader.com/2015/09/degir...