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.
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).
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
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.
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!
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.
Bond Liquidity
“Liquidity Accessibility! Transparency!”
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
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.
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.
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.
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?
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.
Disaster Recovery
The biggest concern may be the lack of back up kicking in.
Derivatives Market Infrastructure – November 2013
CFTC guidance on SEF access may be a game changer for OTC market infrastructure.