221 Exchange Invest Weekly Podcast November 25th, 2023
This week in the parish of bourses and market structure:
It's A Tale Of Two Techies,
BSBY Bye Bye,
Meanwhile In Crypto Land,
The FUD has gone, as David Guetta Might Have Sung…
Exchange Invest 2622: SBF’s Chinese Bribes?
SBF gets new bail terms but is indicted for a $40 million backhander to China. Binance is under duress but as unrepentant as ever.
Exchange Invest 2609: Gazza Preps The Battlefield
HSBC bought SVB UK for the typical nominal pound. In the US… nada. Well, there was the usual round of lawsuits - God bless America - of course… and the GOP blamed the Dems who blamed Trump as I mentioned yesterday.
Exchange Invest 2606: FTC Still Says No
…Then again it’s spot on when asked of Chairman Behnam who has been discredited by his frat boy cheerleading for SBF / FTX while ‘regulating’ FTX.US all the way to a $116 million client shortfall under his watch.
Exchange Invest 2598: CC-1 Charged
Euronext has an interesting MTF punt via MTS in IRS while the group’s tentative bid for AllFunds has already been withdrawn…
Exchange Invest 2530: Coin Unfriends Tether
SBF appears to be maintaining his hail Mary pass where his sheer winning magnetism dazzles everybody watching that he isn’t an incompetent crook, La Ellison may be about to extract sufficiently brutal revenge on her ex-paramour cum business partner...
Exchange Invest 2520: SBF Has Only $100K
CBOE digital stakes revealed - finally! - after being trailed in August while TASE and Bulgaria release their results and FESE celebrate their 10th anniversary of the EU SME Awards with EuropeanIssuers - well done - and BSE completes a management swap with NSE filling their CEO position.
Exchange Invest 2518: Energy Bubbles
PLY: Clearly the UK has a problem as its current useless socialist government will be voted out soon to be replaced by a really left wing administration - when suitably bankrupt, we might get a common sense outbreak of government but…
Exchange Invest 2506: Lawyers Circling FTX
till can't help but feel he didn't mean it to happen that way but $26 billion to zero in a matter of months, $16 bln to zero in a week outpaced the worst options time decay I can recall too.
Exchange Invest 2490: BMLL Funding Update
As well as Tadawul announcing their new VCM platform, we have great news of a Nasdaq led $26 million funding round for analytic experts BMLL enabling yet more depth to Level III.
Exchange Invest 2424: Strong TASE Results
Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea, payment service provider PnLink and virtual asset provider OK-BIT, for an undisclosed amount, Crypto.com said.
Exchange Invest 2359: May 25, 2022
Yet more CCP “jaw jaw” as there is a degree of realisation that ESMA/EU’s protectionist madness has actually done more harm than good so far in driving business out of EU rather than into it…
Exchange Invest 2337: April 29, 2022
Feeling underappreciated (we presume by Manikay Partners?) the TASE Chairman has resigned after a few months in situ while IEX, Tradeweb and even Euroclear post strong results.