Exchange Invest 439: February 13 2015
PLY: The BGC bid must feel like Chinese water torture to Mickey Gooch, despite the fact that even in defeat he stands to make a small fortune but the loss of control is likely to be a blow…
Exchange Invest 440: February 16 2015
Rats can trade forex better than many humans (can they broke without repricing I wonder?) with no signs of rodents on the beefed up board of the FX Professionals Association.
Exchange Invest 441: February 17 2015
Do auctions work? Study suggests LSE open may not be optimal. Meanwhile Fidessa profits slip as the task of maintaining a modern wrapper on legacy systems looks increasingly Sisyphean for big old vendors.
Exchange Invest 442: February 18 2015
A sad day with the passing of Ivers Riley, who pioneered the ETF while at AMEX, ran the Hong Kong Exchange with gusto and chaired the revolutionary ISE.
Exchange Invest 443: February 19 2015
EU CMU is coming as DB1 numbers in line with expectations while Virtu rekindles IPO plans a year after “Flash Boys” induced latency. Romania to drop dividend tax while Euronext gets aggressive about cutting derivative trading fees. Happy scrolling…
Exchange Invest 444: February 20, 2015
DB1 aims to conclude a wide-ranging cooperation agreement with the Shanghai SE (SSE).
Exchange Invest 445: February 23 2015
So we have the deal which ends the first Brazilian soap opera concerning the future of GFI – now how about the spin-off show “What Mickey Does Next?”
Exchange Invest 446: February 24 2015
US officials are investigating price rigging in metals of which the EU could find no evidence apparently… NSEL may be a fraud or it may just be pantomime season in their ‘management’ offices.
Exchange Invest 447: February 25 2015
Back in the people sphere, as anticipated, Chris Concannon succeeds Joe Ratterman as BATS CEO as latter is (re-)elevated to Chairman.
Exchange Invest 448: February 26 2015
After yesterday’s frenzy, time to consider and indeed tender, if you are a GFI shareholder.
Exchange Invest 449: February 27 2015
BME profits bounce raising the question – Spain: dead cat or not?
Exchange Invest 450: March 02 2015
A Brazilian soap opera draws to an end – presuming there are no actions from shareholders pertaining to the previous actions (or inactions) of GFI management.
Exchange Invest 451: March 03 2015
Vast warehousing changes afoot from LME as immediate post deal coverage suggests GFI really did resemble Hitler’s bunker in a certain much parodied film.
Exchange Invest 452: March 04 2015
I have invited a new phrase today: a ‘paradismal shift’ – it’s what happens when at first you think “Wow that really changed the world!” then your consciousness kicks in and goes “hold on a minute, what change?”
Exchange Invest 453: March 05 2015
“No IPO, nothing to see here!” says new BATS CEO Chris Concannon.
