% | $
Quotes you view appear here for quick access.

Stifel Financial Corp. Message Board

  • ejsmelt ejsmelt Jul 17, 2000 4:35 PM Flag

    Take a look at Van der Moolen

    Take a look at Dutch stock Van der Moolen!

    A P/E for 2000 lower than 7, to compare take
    LaBranche (LAB) with a P/E more than double, while profits
    of Van der Moolen are much better.

    check out the website

    Company profile

    Van der Moolen specializes in
    trading equities, equity options, equity index options
    and, to a limited extent, fixed income instruments.
    The firm, founded in 1892 as a 'hoekman' on the
    Amsterdam Stock Exchange, is active as a specialist or
    market maker on eight different exchanges in Europe and
    the United States. Van der Moolen's revenues derive
    from bid/ask spreads, proprietary trading and
    floorcommissions, and are earned from an average of 55,000
    transactions executed daily on behalf of professional market
    counterparties such as banks, brokerage firms and institutional
    investors. Van der Moolen characterizes itself as an 'all
    systems trader', active in a wide range of trading
    systems and several different time zones.

    On June
    1st, Van der Moolen, the Amsterdam based international
    specialist and market maker, closed a transaction by which
    it acquired the New York Stock Exchange specialist
    Fagenson, Frankel & Streicher. This acquisition
    definitively places Van der Moolen among the five largest
    N.Y.S.E. specialists. It thereby raises its market share
    to about 10% of the N.Y.S.E. daily transaction


    Evert-Jan Smelt

30.25-0.26(-0.85%)Feb 10 4:02 PMEST