089 Exchange Invest Weekly Podcast April 10th, 2021
Unrest in Shanghai, a possible deal foible in Milan, and Saudi Arabia's Tadawul go joint-stock company in preparation for IPO.
088 Exchange Invest Weekly Podcast April 3rd, 2021
A new era with a nascent futures benchmark ICE Futures Abu Dhabi brings Murban futures to the Middle East's newest derivatives exchange.
087 Exchange Invest Weekly Podcast March 27th, 2021
CBOE buys Chi-X APAC, making the Australian monopoly ASX only the second-largest exchange group in Sydney.
Yesterday's Media Miss?
the field is open for CME to complete its acquisition of Nex, albeit after Michael Spencer played a masterly hand at a single bidder auction and got a price well above the previous market value before even the first rumours (although I still think CME are getting a great deal).
NEX Born To Be Sold
A deal is proposed: just of 5.5 billion US, 10 GBP per share, a hefty premium...
Prom Alert: NEX Receives First Dance Card
NEX has been touted as the ‘prettiest girl at the prom’ ever since Michael Spencer announced the unpregnancy of the ICAP spin-off.
Euronext Agility for Growth
The clearest message is that Euronext doesn’t appear to have drunk the Kool Aid of investment banker irrational exuberance - there is a proviso for a transformational deals but mentioned only as a near afterthought when discussing dividend policy.
New Euronext New Deal: EuroCCP
Make no mistake, Euronext just signalled a series of very strong intentions with this deal and the key one was shareholder value but their maturity and patience shines through.
IDC: ICE Gets Big Data
As investors begin to better understand the latest element of the Sprecher paradigm, I would not be remotely surprised to see ICE edge ahead of the CME.