Jan
03

Exchange Invest 2239: Festive Catch Up Special

Robert J. Birnbaum, who headed both the American Stock Exchange and the NYSE during a 27-year career in market regulation and administration, has died. After leaving NYSE, he was special counsel at the Dechert Price & Rhoads law firm and served on the boards of the CME and later the CBOT.
11 min read
Jan
04

Exchange Invest 2240: CBOT Floor Goes Electric

The PSE was having problems establishing a connection between the Nasdaq trading engine and the Flextrade front-end system, exchange Chief Executive Ramon Monzon said, adding that the PSE is working with representatives from Nasdaq and Flextrade to identify the underlying cause.
6 min read
Jan
05

Exchange Invest 2241: CME Growth Squeak

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce the appointment of Ms Kerry Rooks as HKEX Chief People Officer.
6 min read
Jan
06

Exchange Invest 2242: ETD Not WOMAD Says NSE Boss

PLY: We had to dig into the files a bit - and note there may be a bit of leeway in STIRs due to contract changes ex-Libor but if we read it correctly the total for 2021 across all ETD was 1,513,653,154 and for 2020, 1,500,090,245 which would infer CME wasn’t doing so badly by compare?
6 min read
Jan
07

Exchange Invest 2243: NL Narrowly Leads EU Stock

Exchange Invest is brief today which allows me to remind you it’s the last day to register for Boca at the lowest rate, albeit you have to endure an antiquated and somewhat dysfunctional FIA website...
4 min read
Jan
08

Exchange Invest 2244: Valereum Blockchain To Acquire Juno

This Week: RIP LIBOR, CBOT floor goes electric and it's NASDAQ 743 versus LSE 133 to complete what was a record year for IPOs…
5 min read
Jan
10

Exchange Invest 2245: Tadawul Has 50 IPO Pipeline

Abu Dhabi Securities Exchange has appointed Hisham Khalid Tawfiq Abdulkhaliq Malak as the new chairman of Abu Dhabi Securities Exchange.
5 min read
Jan
11

Exchange Invest 2246: CME Launching 20yr T Bonds

TP ICAP has marked a major milestone in its Digital Assets business with the first trades completed on crypto asset equity instruments with Goldman Sachs.
4 min read
Jan
12

Exchange Invest 2247: UK Vexed On Data Fees

UK financial regulator concerned about data fees.
6 min read
Jan
13

Exchange Invest 2248: COIN Buys Exchange Licence

Coinbase said on Wednesday it would acquire FairX, which launched last year and is regulated by the US CFTC. PLY: And lo the biggest listed crypto, er, exchange, actually has acquired at least one formal licence as an exchange.
5 min read
Jan
14

Exchange Invest 2249: It’s Time For MAGA!

I noted yesterday that the UK House of Lords Economic Affairs committee was dissing CBDC. However, on a more detailed look, it appears they have got the answer at least 98% right. Reading beyond the raw headlines reveals their Lordships would like to see more evidence on a wholesale CBDC.
10 min read
Jan
15

Exchange Invest 2250: Is 2022 the year of the Chunyun recession?

This Week: “Exchange-traded derivatives are not Weapons of Mass Destruction,” says the boss of the National Stock Exchange of India. Tadawul has a 50 IPO pipeline and the CME Group they're launching 20 year US Treasury bonds.
6 min read
Jan
17

Exchange Invest 2251: LSE Going Private

Over in the USA, it’s ‘all the way with MLK’ today, as opposed to ‘all the way home with Novak Djokovic’ where the Australian government try to save themselves from an electoral hiding with a policy which in the rest of the world advertises a degree of hostility towards visitors which long-term...
6 min read
Jan
18

Exchange Invest 2252: Old Lady Influencing CCP/CSD

LSEG beefs up non-cleared ambitions with a Quantile deal. Agreement to buy optimisation firm for £274m strengthens LCH's FX foothold as SA-CCR bites.
6 min read
Jan
19

Exchange Invest 2253: Future of Exchanges? Plastics

Is it good career advice today with the launch in Abu Dhabi of a specialist plastic recycling exchange?
7 min read