Exchange Invest Weekend Edition 2535: Uni Death?

This week in the parish of bourses and market structure: LME Defeats Elliott, And Thus LME Reboots, As There Are Winds Of Trading Change In Hong Kong, LCH Cuts Fees, NASDAQ Wins The Nuam War, And LSEG Remind Us Why They Dropped Off The Shortlist Of This Tender

With a remarkable condescension apt perhaps to the senior management of ASX, a TCS boss notes their ASX contract for CHESS isn’t that much of a big deal for TCS. The parish just wants execution and neither party has, to put it mildly, a flawless reputation in this regard.

CME tries again in global FX, this time seeking to link spot to its futures markets.

Nasdaq are the victors in the IT infrastructure battle for the unified the merged Santiago, Lima, and Colombia exchanges under CEO Juan Pablo Cordoba known as Nuam.

No sooner than Euronext’s new CCP is limbering up than LCH.Clearnet cuts equity clearing fees. Meanwhile, SiX subsidiary BME enters the battle for CCP on Euro swaps…