Featured Articles

Featured Articles

A collection of features about the exchange world, including news and deal analysis by our founder Patrick L Young
May
12

Background: On Financial Weapons of Mass Destruction

Before the Fed was established, the failure of weak banks would sometimes put sudden and unanticipated liquidity demands on previously-strong banks, causing them to fail in turn.
4 min read
May
12

Yesterday's Media Miss?

the field is open for CME to complete its acquisition of Nex, albeit after Michael Spencer played a masterly hand at a single bidder auction and got a price well above the previous market value before even the first rumours (although I still think CME are getting a great deal).
1 min read
May
12

CME - Eris: Making Connections

To return to my vast excitement at the licensing of Eris USD swap futures on the CME, this deal makes sense for so many reasons and it also truly provides the sort of “win win
3 min read
May
11

CME - Eris: A Small Step For ERIS, A Giant Leap For ERIS-kind…

...launching new products remains a somewhat black art and one which is laced with complexities and trickiness.
1 min read
May
10

What Mahathir's Re-Election Means To Me

the FIA archives don’t seem to go that far back…….but phew thank heavens for the 92-year-old formerly retired comeback kid, Mr Mahathir!
May
09

What One Day Swaps Mean For Crypto Markets

...the ICE swaps experiment pretty, presuming it comes to fruition soon, much kills most of them stone dead before they are even born.
1 min read
May
08

Bond Liquidity

“Liquidity Accessibility! Transparency!”
2 min read
May
06

Cinnober Brands: What Were They Sniffing?

Cinnober needs to use its management talents to deploy their brainpower to streamline and maintain the relationships which matter, as well as concentrating on clear products, brands and partnerships which can deliver profits
2 min read
May
06

Cinnober - The Plot Thins

As Veronica noted on the Q1 call: “Our ambition to find a strategic partner for Irisium is progressing and we are very pleased to report that we are in discussions with an interesting financial and strategic party to co-invest with us in Irisium.
2 min read
May
04

Jamie is The ICE Advantage

These products are complemented by an analytics platform that sees nearly $3 trillion of customer assets uploaded each day. This enables us to deliver critical scenario analysis, cash flow modelling, and factor-based performance attribution.
5 min read
May
02

Swiss Options

So, the Swiss exchange is clearly rooted in Switzerland but at the same time in a tricky position as the EU is treating it disgracefully while domestically it has a tricky balancing act to keep the 'rest' as well the 'big 2' onside.
2 min read
May
01

Where Euronext Goes From Here

Now that leads to the intriguing question of who might do a deal that could lead Euronext to a split of assets from some piece of market structure?
4 min read
May
01

On HKEX and Laura Cha

...and once again the exciting news from Laura Cha’s first statement as HKEX chairman was her prioritisation of the contract negotiations to extend Charles Li’s term as CEO.
1 min read
Apr
30

Disaster Recovery

The biggest concern may be the lack of back up kicking in.
1 min read
Apr
28

Derivatives Market Infrastructure – November 2013

CFTC guidance on SEF access may be a game changer for OTC market infrastructure.
10 min read