224 Exchange Invest Weekly Podcast December 16th, 2023
This week in the parish of bourses and market structure:
New CME FX Markets,
EU Bond Tape Breakup,
LSEG Under Duress,
Yet London Raises More Capital Than Anywhere Else In Europe…
Exchange Invest 2749: Euro CCP Rows
EU lawmakers struggle to compromise on post-Brexit derivatives clearing.
Exchange Invest 2668: EU Prop Crisis
The LSE claims a world first for something that has already been happening in e.g. Nasdaq Private Markets…while the scandal remains that LSE has no coherent plan to grow its public markets.
Exchange Invest 2620: Oz CSD Competition
The monopoly beast may yet be challenged - the Australian Labour government makes its boldest steps yet to open Australian equity markets to competition.
Exchange Invest 2608: S-Bank Hell
Moscow profits jump as the market battles to escape the ravages of Putin’s Ukrainian invasion while over in crypto, it’s another day of Bitcarnage leading to a stressful weekend for many.
Exchange Invest 2588: CZ’s $400 Million Shuffle
Over at Binance why stop the mixed messaging now just when the going is getting tough?
Exchange Invest 2578: Ion Ransom Paid
Eagle eyed readers may recall Binance allegedly bought WazirX but in the end, it appears they definitely didn’t… As always, transparency aforethought from..oh never mind.
Exchange Invest 2554: BaFin Biffs DB1
Naughty boy step for EUREX and Clearstream as BaFin shows its new post Wirecard credo…
Exchange Invest Weekend Festive Edition 2547: Part II
PLY: It is sublime watching Britain’s blob blow the country up while blamestorming the virgin government of PM Truss.
Exchange Invest Festive Edition 2545: Regulation: FTX And All That Malarkey
Gary Gensler meanwhile did what he does best - divide opinion (execution which he also managed at CFTC appears to have escaped him as he crusaded with super-zeal to make the basis of the SEC an agency that can impact almost every angle of corporate life:
Exchange Invest 2537: TTF To USA?
Well when it comes to the dollar store Afro one, he remains Inmate 14372 after what seems to have been another twist driven by incompetence in his once starry career.
Exchange Invest 2536: Milan Gas Crunch
“Mad” means “Mad” but I suspect the second “Mad” may spell “Mutually Assured Destruction” in the crypto context. The crypto world is turning so toxic so fast as V1.0 draws towards a giddy close that I suspect ....
Exchange Invest 2527: ICE Cap Warnings
PLY: Dig a bit deeper - go look at Bahamian US dollar government debt - what does that yield of 13.3% - after a stupendous rally through autumn - tell you? Clearly, there are issues to the Bahamas finances.
Exchange Invest 2522: A Glimpse of Sanity?
SBF is a total charlatan and who knows if he keeps cr…ing on as is his wont, even his politically backed former friends may yet move to disown him as the message to Main Street America...
Exchange Invest 2519: Bye Bye Blockfi
…And onwards to our fascinating conspiracy of the day as the crypto kiddies get wildly vexed that El Tel has been bribing the CFTC.