The Failed Promise Of Unregulated Crypto
Four years ago, ICE created a fully-regulated, physically-delivered crypto futures market, with institutional-grade custody provided by ICE’s then-subsidiary, Bakkt.
The Barbie Effect?
AKA How Exchange Invest’s Ace Research team donned pink lab coats to discover a 200 Basis Point pick-up.
Crypto Exchanges 2022: 23 DOA…MIA
We live in curious crypto times.
PLY Seven Wonders Of The Bourse World
I’m delighted to share seven structures that house or housed exchanges.
The Hathaway Effect: Mythbusters
When La Hathaway launched a new movie, the AI bots monitoring social media got carried away with the red carpet excitement and helped push up the value of Buffett’s company “Berkshire Hathaway.”
Exchange CEO Pay: The Magnificent 7
The Magnificent 7 CEOs of Exchanges & Their Lavish Pay Packages.
Exchange CEO Pay: The Ocean’s 11
Today I’m looking at what I term “The Ocean’s 11” which is a series of 11 CEOs in the market structure we found data for and thought it interesting to peruse their salaries.
ICE Cost of Borrowing 2020 - 2022
An Interest Rate Comparison ICE Cost of Borrowing from QE Lows to Rising Interest Rates - 2020-2022 Analysis.
Exchange Invest 9 Years On
Reflections From Young’s Pyramid
Years back I created the eponymous “Young’s Pyramid” to illustrate the relative value of exchanges around the world.
CME & The B Share Buyout
A low ball bid to buy out B shares results in a board reduction albeit at the expense of trading knowledge and input.
ICE Buys TMC Bonds
Jeff Sprecher’s ICE is still willing to piece together small parts in the pursuit of the whole, which is a significant share in bond trading to go with the significant bond data share they have via IDC...
MCX-NSE: A Remarkable Cycle?
The very notion that NSE and MCX could merge would have been regarded as an absolute pipe dream by many even a year or two back before the first outsider came to lead NSE.
On NSE and MCX - Background
In the age of decentralization, a zest for micro markets and generally a move towards fast-moving innovation, that old fixation which accompanied “the Hindu rate of growth” fallacy continues to infect the Indian blob.
What Eris Tells Us About CME
essentially CME realising the value of the existing Eris product - as well as the remarkable volumes it had achieved as a standalone away from CME’s trading platform, readily swept in and created a single point of trading with a licensed product.
On Bill Gates & The Limits Of Financial Literacy
I noted he did have a go at hardcore OTC stuff which even then was a touch out of control (years before Lehman) imho but equally, it was vital to follow that just because you were an American millionaire or billionaire...