Exchange Invest 1652: Parish Progress in Politics & More

Tragic day for a magnificent bourse building as renovations turn highly flammable at the historic site of the Copenhagen exchange. In Brussels, CMU is now seen as a means to narrow the systemic defence underspending of the EU.

It’s a real shame we won’t have another Laura Cha Chairman term to look forward to but she leaves HKEX in a fascinating position moving forward. All the best to her during her last fortnight in office.

Next step in the noose around Russia due to Mad Vlad’s Ukrainian invasion: metal sanctions bite, to the detriment of LME and CME but probably the advantage of Chinese exchanges albeit the OTC market is strong in the rusty stuff.

The competition in the IPO business is white hot as the US looks to extend its majority into supermajority. London appears only fit to bleed; Japan notes NYSE interest while Jamie Dimon is whinging about insufficient choice in US listings.