Fixed Income Multi Clear?: EI 2984
SEC Chairman Gary Gensler welcomes multiple fixed income clearing houses, as Preqin explores a sale.
Strictly Mormonic?
SEC shuttering their Salt Lake office and immediately presumed there were statistics inferring crime in Mormon majority areas...
It’s T+1 For T+1! : EI 2973
The US / Canada / Mexico T+2 to T+1 great leap forward is upon us...
ESMA Confusion: EI 2972
ESMA added their voice to the need for capital markets growth while demanding more central power - that worked so well for markets in the Warsaw Pact…
Another One Bites The Dust
“Another One Bites the Dust” from the legacy exchange world as a great victory for the crypto kiddies but I fear it underlines the view of ICE’s Chris Edmonds last year...
Exchange Invest 2552: LME Gay Gone
Shock as LME Chairman Gay Huey-Evans departs in the Nickel nightmare aftermath.
Exchange Invest 2534: SEC Attacks PFOF
As the tabloids make mischief suggesting SBF’s Mom has been ringing the jail to get strict vegan food sent to Inmate 14372, I had some splendid correspondence from commodity expert Ann Berg who noted the origins of Effective Altruism in Jeremy Bentham's Utilitarian movement.
Exchange Invest 2532: Bad Day for Inmate 14372
Arresting SBF on the eve of his testimony to Maxine Waters’ Committee was either a work of genius (ridding SBF of a major stage) or dumb (ridding SBF of a chance to incriminate himself under oath) or a total conspiracy to cover up his crimes...
Exchange Invest 2531: Cloud Pro Quo LSEG MS
SBF’s Mom clearly didn’t realise she could star in her own morality play and get well ahead of the effective altruism curve.
Exchange Invest 2525: Bybit Hacks Workforce
…Having reached the point where we are speculating on the plans of an emerita Professor as the most exciting development of the FTX/SBF affair, I will deploy a Caroline Pham “see it, say it” to call this one “Yawn.”
Exchange Invest 2516: Tadawul Buys Vendor
PLY: Single branch bank where deposits soared after Alameda bought it and was chaired by the man who co-created Inspector Gadget. #Everydaycrypto.
Exchange Invest 2513: Bitarnage - Contagion Tuesday
Tragic death of NZX board stalwart, still pumped at the AELP linking African exchanges even if the dollar store Afro one dominates the headlines as we reckon he is getting his mid-life crisis in early.
Exchange Invest 2501: Bitcarnage Continues
FTX claims everything is cushty - in which case why is their PR so lousy at getting ahead of the crisis?
Exchange Invest 2414: July 28, 2022
CME beat investor expectations but as usual, their IR is so lousy we had to dig around to discern this…