CCP is Not Syllogistic
Thus, saying to the EU “so if 93% of ETD is bad, can we have, like, er, merge a vast bulk of cleared OTC market and, say, half the ETD market and not call that a monopoly?”*“*’cos after all it’s not all ETD!”
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Jul
15
PLY Bell Speech
Markets are better today for being at T+1 (76,400 seconds…) & CCPs reign supreme - as CMR! prophesied. It talked about digital assets before anybody cared - BUT no, I’m not claiming to be Satoshi Nakamoto despite that being a vogue amongst men of a certain age.
3 min read
Jul
02
Binance Faces The Bulk of Charges
Cue a good old fashioned toy pram repo methinks from Binance HQ (wherever that is…).
1 min read
Jun
21
Monopoly Matters: EI 2996
...it’s worth wondering who is onside for the “CMA” monopoly milk strategy...A Polish minister appeared sceptical of the “CMA” strategy this week before the latest wave launched by mediocrity McGuinness.
10 min read
Jun
19
The Competitive Mirage
So what is “The Competitive Mirage?” It’s one of those much discussed tales which involves a fair bit of apparent competition but when you scratch beneath the big data surface, a lot of questions arise.
6 min read
Jun
18
Taking Stock Perspective: EI 2993
...we need to get London to appreciate the desperation of its plight, so too Europe looks like an also ran that is falling further and further behind by the day.
13 min read
