A Tale of Two Brokers: EI 3019
Chuck Corp is profit stagnant as the Peterffy machine flies once again. The contrast in profit growth from IBKR and the much more staid Schwab could not be more marked.
CFTC Isn’t Taking Anything For Itself
The CFTC isn’t taking anything for itself, preferring to push the liquidation payout to the region of 118% for creditors.
The Old Inevitables Strike Again
Doubtless, it has caused paroxysms amongst some of the citizens but at the same time, life’s inevitabilities remain ‘death and taxes’ even in Buenos Aires where enlightened government appears to be breaking out.
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.
The Competitive Mirage: EI 2994
Quite a few interesting snippets today while it’s time for a moment of confusion. Perhaps it’s a “J’accuse!” but as Robbert Booji debuts as EUREX CEO at IDX today, there are a lot of questions around EURIBOR...