Exchange Invest 2416 Weekend Edition: Pluralism, Ponzi Schemes & Putin.

Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.

Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick L Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.

This weekly edition is a magazine of broader macro topics as well as including our free weekly podcast which reviews the highlights of the week in the world’s market structure.

On this day in 2002, President Bush signed into law the most far-reaching government crackdown on business fraud since the Depression. The Sarbanes-Oxley Act, named after sponsors Paul Sarbanes and Mike Oxley, was signed into law in response to corporate scandals. Its rules included the independence of corporate directors’ requirements for better internal monitoring. The law curbed stock option backdating by requiring prompt reporting of stock option grants. The Public Company Accounting Oversight Board (PCOAB) was established as part of the Sarbanes-Oxley Act.

In Bigworld

From Exchange Invest 2412: 26th, July 2022: Tuesday

Very sad to see the demise of Lord Trimble who bravely did so much to try to create a peace in Northern Ireland when the opportunity arose during the Blair regime with Bill Clinton proving a much more pragmatic President on the issue than many (any?) of his predecessors. That cemented a core achievement of the last successful Democratic Presidency and has forever been a reason why I rather appreciate the Clinton era.



Season 13: Episode 03, IPO-VID Livestream 075

Guest: Steven Sears

Tuesday, August 02nd: 1800 UK, 1900 CET, 1300 EST

“Steven Sears: Developing Your Options”

Steven M. Sears is President and COO of Options Solutions. He has helped democratize strategies that have long been used by sophisticated investors to better navigate the financial market. He has dedicated himself to improving investor education and narrowing the information gap that divides institutional and individual investors.

Steve pioneered coverage of the options market and securities trading for some of the world’s most important financial publications including Dow Jones Newswires, The Wall Street Journal, and Barron’s.

Mr. Sears is the author of The Indomitable Investor: Why a Few Succeed in the Stock Market When Everyone Else Fails, a book he wrote to narrow the information gap between skilled institutional investors and everyone else.

Watch the Stream on:





Season 13: Episode 02, IPO-VID Livestream 074

Guest: Peter Reitz

Tuesday, July 26th: 1800 UK, 1900 CET, 1300 EST

“Building Sustainable Commodity Markets Worldwide -

How Can An Exchange Build Sustainable Markets?”

Previously a supervisory board member since 2007, Peter Reitz has been CEO of EEX and ECC since August 1st 2011.

Having graduated in mathematics, Peter started his career as a product manager with Deutsche Boerse AG in Frankfurt in 1991 and worked at Dow Jones Indexes in New York from 2000 to 2001 before joining EUREX where he was a member of the Management Board until December 2018.

Watch the Stream on:





IPO-VID Episode 058 is now in podcast format where I was joined by now ICE Global Futures Head, Trabue Bland for a gripping discussion with a special guest appearance by Jamal Oulhadj of ICE Futures Abu Dhabi.

Listen to the “Master Of ICE Futures.”

Anchor Spotify Google Podcasts Apple Podcast Amazon


The Exchange Invest Weekly Podcast 154

Victory Or Death

20 years on from the first fintech bestseller “Capital Market Revolution!”… “Victory Or Death” is a must read book for anyone interested in the intersection of Blockchain, Cryptocurrency and FinTech as part of the whole future of finance.

Available worldwide.

Macro Thoughts

Why Erdogan Is Now Happy To Snub Putin

The Spectator

Of Interest

As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!

Shockingly, Crypto Project That Promised 5% Returns Per Week Turned Out to Be a Ponzi Scheme


PLY: The headline says it all.

Fastest Tyre Change On A Moving Car: Italian Duo Breaks Guinness World Record

The Economic Times

Unmissable Opportunities In China’s Financial Opening-Up


Foreign ownership caps were scrapped for securities, fund management, futures and life insurance firms, allowing multinationals to have a larger and

What This Leadership Race Tells Us About Britain

Matt Goodwin

Contrary to much of the nonsense that is written about Brexit Britain, until last week the contest to lead one of the most powerful nations on earth was between three women, one man with Kenyan and Tanzanian roots, an Iraqi Kurd who fled Saddam Hussein and could not speak English when he arrived on these islands, a Buddhist of Indian origin, one white guy whose wife is Chinese and whose children are mixed-race, and another who has dual British-French citizenship, is Roman Catholic and descends from Austrian Jews. If anybody is underrepresented in the race for the keys to Number 10 Downing Street it is white men.

PLY: And one might add, the party concerned is the usually right of centre Conservative Party whereas the right-on lefties of the Labour Party are habitually led by white blokes whinging about the lack of opportunities for minorities. While not a fan of Dave ‘heir to Blair’ Cameron he deserves credit for accelerating modernisation of the Conservative Party.

Ready Or Not, The Glassholes Are Coming Back

The Verge

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You can also check out the Reflections From Young’s Pyramid”, it illustrates the relative value of exchanges around the world.

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Patrick L Young

Patrick L Young


Entrepreneur, Investor, Author. #Exchanges #Fintech #Startups #Motorsport Emerging Markets. CoFounder @Exchange_Invest @HanzaTrade @MissionToRun @YMarkets