214 Exchange Invest Weekly Podcast October 7th, 2023
This week in the parish of bourses and market structure:
FTC Vs Amazon,
Another MCX TCS Delay,
Exchange Invest 2762: SPIKES Appeal
MIAX subsidiary MGEX is appealing what we termed the “worrying precedent” in the court case which saw ViX given a perverse monopoly in volatility products recently.
210 Exchange Invest Weekly Podcast September 9th, 2023
TT Buys Abel Noser In A Super Speedy Completion
Tradeweb Complete Their Purchase Of Australian Platform Yieldbroker
ICE Closed The Purchase Of Black Knight Within Hours Of The FTC Confirming They Were Permitting The Deal At Last.
Exchange Invest 2752: Volatile Protectionism?
Hard to tell the precise details of how CBOE won vs. MIAX but it’s a worrying precedent when the volatility trading world needs to be more modern and more competitive.
Exchange Invest 2644: Miami - “deja vu once again’
MIH the MIAX parent has gone one better than their investment in the nascent LedgerX in December 2016 with an outright purchase of the CFTC regulated platform for $50 million..
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.
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-
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 2586: CBOE Euro Options
Both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) demanded that the National Board of Revenue (NBR) withdraw and reduce advance income tax on payment of dividends or interest on shares, bonds and other stock market investments to promote the investment climate in the country.
Exchange Invest 2575: Ion Hacked
Presumably, chi chi cocktail parties for political big hitters is just so last year in the land of SBF, his parents and brother. Wonder will their NGO empire survive?
Exchange Invest 2570: Nasdaq Progress
Not such a stellar Nasdaq quarter after some good growth of late while NYSE finds a staffer didn’t switch off the backup systems leading to that chaotic market opening and prompting an SEC investigation.
Exchange Invest 2558: FCA Says No To LME?
…Perhaps the only interesting point is that SBF not only feels wronged by CZ and John J Ray III but also Sullivan & Cromwell - which leaves him and 4 Senators (EI 2557) on the same side regarding the latter law firm albeit from different perspectives.
Exchange Invest Festive Edition 2548: 2023 Preview
Sporttrade Inc. offers users a betting exchange through which they can trade sports bets as if they were stocks.
Exchange Invest Festive Edition 2546: Public Markets / Privates Markets
The move comes after the NYSE minted six NFTs last year commemorating the debut of hot tech stocks on the exchange.