The Order Machine (TOM) platform is looking to start derivatives trading in the third quarter of 2011, Financial News reports. The trading venue, backed by Dutch marketmaking firm Optiver, is planning to launch trading in single-stock equity options.

TOM, which already trades cash equities through its multilateral trading facility, offers trading in the 50 most liquid stocks on the Dutch stock market run by NYSE Euronext. The platform was set up as a joint venture between Optiver and Dutch lender Binckbank in 2009.

Click here for the story from Financial News.