{"id":34483,"date":"2014-05-15T01:28:00","date_gmt":"2014-05-14T23:28:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/bnp-paribas-joins-tom-mtf-as-new-member\/"},"modified":"2014-05-15T01:28:00","modified_gmt":"2014-05-14T23:28:00","slug":"bnp-paribas-joins-tom-mtf-as-new-member","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/bnp-paribas-joins-tom-mtf-as-new-member\/","title":{"rendered":"BNP Paribas joins TOM MTF as new member"},"content":{"rendered":"<p>TOM[[<strong>About TOM (The Order Machine)<\/strong><br \/>\n<br \/>TOM is a trading venue in The Netherlands offering equity and options trading and aiming at optimal competition between markets. To be able to guarantee best execution of client orders, TOM developed a search engine (\u2018TOM Smart Execution\u2019) which compares prices between markets. The client\u2019s order is executed at the trading venue showing the best available price at that moment. TOM has established a substantial market position in equity and ]](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% &#8211; 50% later this year. Currently more than 50% of the Dutch retail flow is executed on TOM MTF. <\/p>\n<p>Willem Meijer, CEO of TOM (The Order Machine): <em>\u201cWe 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.\u201d<\/em> <\/p>\n<p>Olivier Osty, Deputy Head of Global Equities and Commodity Derivatives, said:<em> \u201cBNP Paribas is pleased to add TOM MTF to our list of European trading venues. TOM\u2019s 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.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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% &#8211; 50% later this year. Currently more than 50% of the Dutch retail flow is executed on TOM MTF.  <\/p>\n","protected":false},"author":20,"featured_media":34481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1671,1651,1437,1755],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/34483"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=34483"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/34483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/34481"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=34483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=34483"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=34483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}