Better Options, the high-speed Dutch trading arcade, saw its profits rise strongly in the year ended August, as investors switched out of cash equity trading into higher margin derivative products.
According to the firm's accounts for the year ended August 31, gross profit stood at just under €2m, a rise of more than 60% over the previous year. Options traders benefited from a volatile first six months of 2011, as the eurozone crisis started to gather pace and many investors pulled back from the market, creating exaggerated movements in the price of many European stocks.