nickel

Mar
25

Exchange Invest Weekend Edition 2619: From AI to Obsolescence

Chinese IDB Data Cut; FTX and their GUBU Loans; LME get hit with a minor warrant issue in Nickel; B3 are All In On Vermiculus; Happy 160 years to Stockholm; And there's a big Swiss Imbalance in the shareholder register
6 min read
Mar
22

Exchange Invest 2616: Swiss Imbalance

If you don’t know UBS acquired Credit Suisse last weekend (faster than the CS PR dept could say “merger of equals, oh wait a moment…”) then I envy your clearly commodious sub rock abode.
9 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
13

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.
11 min read
Mar
10

Exchange Invest 2606: FTC Still Says No

…Then again it’s spot on when asked of Chairman Behnam who has been discredited by his frat boy cheerleading for SBF / FTX while ‘regulating’ FTX.US all the way to a $116 million client shortfall under his watch.
10 min read
Feb
25

Exchange Invest Weekend Edition 2595: A Web of Lies

AirBnB’s move into the fiscal black has been considerably helped by revenue from “cleaning fees” - probably not something exchanges in the regulated parish can consider but it must be tempting to try…
6 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
Feb
23

Exchange Invest 2593: Euronext Allfunds Bid

…This is from an organisation which is still unable to convincingly explain how its ‘independent’ US entity was forced to push $400 million through in a single transaction to a fund controlled by the Binance founder and global CEO.
9 min read
Feb
10

Exchange Invest 2582: Binance Pushing For SRO?

Binance fronting an SRO at first glance struck me as akin to say, Cosa Nostra coordinating a small business convention?
9 min read
Jan
30

Exchange Invest 2572: ICE Gas Diversion

They haven’t moved the pipes but they have raised the possibility of diverting the market. ICE embraces EU TTF suicide caps in Europe and opens a free market in London.
16 min read
Jan
20

Exchange Invest 2564: FTX Lazarus?

Can FTX really rise from the dead? Meanwhile Binance is named as a major counterparty to the decapitated by DOJ exchange Bitzlato and lots of legacy exchange news as ICE seeks to revolutionize energy trade paperwork.
16 min read
Jan
13

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.
11 min read
Jan
11

Exchange Invest 2556: Nickel Nightmare Report

Oliver Wyman has published their Nickel nightmare report making recommendations for future LME rejuvenation.
11 min read
Jan
06

Exchange Invest 2552: LME Gay Gone

Shock as LME Chairman Gay Huey-Evans departs in the Nickel nightmare aftermath.
9 min read
Jan
03

Exchange Invest 2549: Festive Catch Up Special

Today’s Exchange Invest is a festive catch up special - I hope you had a wonderful time while Exchange Invest’s staff were chilling.
9 min read