T+1 T+14 : EI 2965
Clearly the Indy 500 looks unlikely to see a lot of US equity settlement folk at the Brickyard Sunday, May 26th but so far no full course yellows for the US, Canada, Mexico T+1 from T+2 tango when the markets reopen after Memorial Day on May 28th.
Degraded Performance
Not a good day for Coinbase as it suffers systems maladies…
Yield Curve Connect : EI 2964
Swap Connect enhancements to mark its first anniversary presage the great leap forward to the RMB ETD yield curve on HKEX. Oz Parl feedback on ASX serial failure which resulted in the festering CHESS mess makes for some gruesome reading and JPX seeks to split its stock.
Malodorous Hacking
From Pyongyang with purpose but no love comes a new threat, North Korean hackers deploy ‘Durian’ malware, targeting crypto firms.
CFTC All Politics No Markets : EI 2963
The sad demise of the CFTC Commission under Chairman Behnam makes the TLD Biden admin look almost competent by comparison - and that’s an ongoing disaster.
Rice Trading Off Blockchain
SBF finds himself still in pure play guilt denial (well technically he was raised to deny guilt exists so clearly he inherited a philosophical quandary from his parents) and is busy trading rice in jail.
Fixing The Unfixable?: EI Weekend 2962
Ideological capture? FT’s problem solving failures. Staying ahead of the curve, meh? Demise of a famous dog, the live of a remarkable raven.
The Last Best Hope: A History of American Realism by John Hulsman
In response to reader’s queries, we have added a book of the week column to the EI weekend edition - interesting books pertaining to exchanges and markets, investment et al.
- Anybody can sign up for EI Weekend for free at ExchangeInvest.com incidentally.
IPO Grow?: EI 2961
LSEG reckons its IPO pipeline is growing. The trouble is the world’s market leaders, Nasdaq and NYSE have a faucet that just keeps flowing.
“Just Say No!”
In a bygone era it was the White House phrase to curb drug usage. In the age of fentanyl afflicted addicts on almost every street corner, it now appears to be the Biden admin’s catchphrase against crypto: “Just say no!”
244 Exchange Invest Weekly Podcast May 11th, 2024
This week in the parish of bourses and market structure:
All Weather Excellence Says Leading Exchanges Grow More Than 20% In Q1,
There’s A Dash of Spring MOU Madness In The Air,
While Europe’s Leading Financial Industry Bodies Warn The Flywheel Needs To Turn
Modernising Saudi Markets / Modernising Tadawul with Roland Bellegarde
In this episode, we chat with Roland Bellegarde, former Group EVP at Euronext and NYSE Euronext, and current Senior Advisor to the Group CEO of the Saudi Tadawul Group about the exciting developments happening in the Saudi Capital Markets.
Terrific Tadawul! : EI 2960
A classic bourse network effect, trading volume jumps and profits soar, great news from Tadawul.
Crypto Caveat Emptor
Perhaps more than any other part of the tech industry, crypto relies on storytelling. This is because the underlying technology, as it exists today, doesn’t have much to offer the average person in their day-to-day life.
EU Flywheel Needs To Turn: Exchange Invest 2959
EU along with Oliver Wyman delivers a simple flywheel approach seeking to kickstart more dynamic investment.
