Gary Gensler

May
13

193 Exchange Invest Weekly Podcast May 13th, 2023

Senator Gazza?, ICE Masterclass once again , Record CBOE Profits for their 50th anniversary, And indeed, a similar Happy Birthday at the half century mark to the DTCC
13 min read
Apr
13

Exchange Invest 2633: Bank Tape Anyone?

Only in the EU. In a case of the ‘have their cake and eat it’ ethos of bankers, a cabal proposes a consolidated tape to the EC which surely amounts to a fundamental conflict of interest risk?
8 min read
Mar
30

Exchange Invest 2623: Beaxy Breaks Coinbase

Market makers separately charged as unregistered dealers.
9 min read
Mar
23

Exchange Invest 2617: MEMX Options Round

SEC seeks to reduce its preponderance of paper as it crawls a little closer to the digital age while LME Nickel contracts are in dire need of modernisation according to a broad range of commodity companies as battery demand reshapes the market.
12 min read
Mar
20

Exchange Invest 2614: B3 All In On Vermiculus

Lots happening today with the 10% Vermiculus stake sale to B3’s venture arm alongside EEX adding another modest asset to its expanding portfolio. Lots happening in China as LME get hit with a minor warrant issue in Nickel and much more...
13 min read
Mar
18

Exchange Invest Weekend Edition 2613: Leaks From Labs to Pipelines

Crypto security issuers should file registration statements and make the required disclosures. These are the same rules that everyone else in the securities markets has played by for decades.
6 min read
Mar
16

Exchange Invest 2611: Yadda Yadda

Clearly, FTX going bust was a real shock to Walt Inc as they had sponsored Expo but for those reading Exchange Invest, therein one can justify a subscription methinks.
7 min read
Mar
14

Exchange Invest 2609: Gazza Preps The Battlefield

HSBC bought SVB UK for the typical nominal pound. In the US… nada. Well, there was the usual round of lawsuits - God bless America - of course… and the GOP blamed the Dems who blamed Trump as I mentioned yesterday.
8 min read
Mar
09

Exchange Invest 2605: $7.2mln For Eris

How ironic, it took the crypto kiddies years to get a bank onside and then they all rushed for the exits when their very own crypto bank was threatened - distributed pragmatism or distributed cowardice?
8 min read
Mar
08

Exchange Invest 2604: ICE Black Knight Alter Deal

SBF is guilt free as we know so therefore intermediation is a dirty word when it comes to liquidators (but curiously acceptable when it comes to crypto exchanges who charge percentage fees that would make CME / ICE et al blush-
12 min read
Mar
07

Exchange Invest 2603: NYSE Posits Reform

At just what point does SBF actually lose his freedom as a result of not merely using VPNs and generally breaking bail terms but also looking like a slam dunk for a long spell after a verdict which will - heaven forfend - pronounce him guilty?
11 min read
Mar
06

Exchange Invest 2602: $8.9 bln FTX Shortfall

So after the property exposés, the billion dollar loans, the PJs on demand, the Nassau executive car fleet, at least one incredible Daiquiri bill and of course a serious operation aimed at buying the US government…
14 min read
Mar
02

Exchange Invest 2599: FTC Blocking ICE Black Knight

Coinbase campaign reminds me of the magnificent moment in “Yes Minister” when Cabinet Minister Jim Hacker is informed the PM may close his Ministry for Administrative Affairs.
11 min read
Feb
27

Exchange Invest 2596: CHESS Costs Users ¼ Billion

The European Commission has banned all staff from using TikTok. Not sure that’s a big loss for the platform in terms of content generation?
9 min read
Feb
24

Exchange Invest 2594: SBF Faces New Rap Sheet

Another day, another slate with 4 new charges against SBF. Plot thickens, noose tightens…
11 min read