Trading & Options · Profile from Trading and Options Research Companion
Da Vinci Derivatives (Da Vinci Trading)
The youngest of Amsterdam's options trading firms — a proprietary trading house incorporated on 23 Jul 2015 (Da Vinci Derivatives B.V., KvK 63796473) and "founded in 2015 by a group of traders" to trade derivatives with its own capital, "with a strong emphasis on volatility" (Euronext, 14 Sep 2017). It rang the Euronext Amsterdam gong for its exchange membership in September 2017, rebuilt its trading system in 2020 (firm-sourced profile), and by 2025 described itself as Da Vinci Trading, with offices in Amsterdam, Miami, Mumbai and Hong Kong and liquidity provision in digital assets as well as traditional markets (MEXC release, Sep 2025; firm website). The Dutch filings, as summarised by a data aggregator, show the firm moving from small profits (~€7m in 2022 and 2023) to ~€65m in 2024 and ~€117m in 2025, with equity of ~€255m and 112 employees at end-2025 (liza.nl summary of KvK filings — verify against the filed accounts). Its story is a new entrant's path in options market making: start small in the home market of Optiver and IMC, rebuild for speed, then follow volume to the US, India and crypto. This profile is sparse: Da Vinci publishes almost nothing, the blueprint seed's founding year (2013) is contradicted by every source found (2015), and it has six moves rather than the usual 7–10 (rule 6).
At a glance
- Founded
- 2015, Amsterdam, "by a group of traders" (Euronext 2017; firm and recruiting profiles); Da Vinci Derivatives B.V. incorporated 23 Jul 2015 (KvK 63796473 via liza.nl). The blueprint seed's "2013" is not supported — use 2015. Founders' full names not confirmed (one Dutch partner page names "David, Vidit and Jiteshu" — single source, verify)
- Headquarters
- Amsterdam (Hildegard von Bingenstraat 12 per firm website; Claude Debussylaan 16 per CB Insights — verify current); offices in Miami, Hong Kong and Mumbai (MEXC release, 5 Sep 2025; tradermath.org)
- Ownership / structure
- Private; trades only its own capital, funded by equity contributions (Euronext 2017); the KvK entity is classified as a holding company (liza.nl)
- Leadership (2026)
- Not confirmed (verify)
- Business lines
- Proprietary trading and market making in options, futures, equities and crypto; "provides liquidity in digital assets and traditional financial instruments" and takes positions "when opportunities arise, including trading volatility" (firm website, 2026)
- Scale (dated, aggregator summary of filings — verify)
- Profit: €7.193m (2022), €6.553m (2023), €65.059m (2024), €117.333m (2025). Equity: €66.024m (2022), €72.577m (2023), €137.874m (2024), €254.945m (2025). Employees: 64 (2022), 81 (2023), 92 (2024), 112 (2025). A recruiting site gives ~130 staff (tradermath.org, 2026)
- Regulators
- AFM / Dutch rules for the Amsterdam entity (verify licence); Euronext member since 2017; US, Hong Kong and Indian registrations not checked (verify)
- Signature moves (incl. failures)
- Founding (2015); Euronext Amsterdam membership (2017); trading-system rebuild (2020); profit jump and capital build (2024–25); offices in Miami, Hong Kong and Mumbai (by 2025); crypto market making and the "Da Vinci Trading" name (2025)
6 strategic moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2015
Founding by a Group of Traders
Founding
2017
Euronext Amsterdam Membership
Exchange membership / infrastructure
2020
Trading System Rebuild
Technology or infrastructure bet
2024
Profit Jump and Capital Build
Outcome / market regime (with a capital-retention decision)
2025
Crypto Market Making and the Da Vinci Trading Name
New asset class / rebrand
2025
Miami Hong Kong and Mumbai Offices
New markets (international expansion)