Exchange Invest 2457 Weekend Edition: Never Ending Abundance & More…

On this day in 2009, Brixton, England, officially launched Brixton pounds (B£), a local currency fixed at a one-to-one exchange rate with sterling. It aimed to boost the local economy and build a mutual support system amongst independent businesses.

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.

Parish Notes

In Ed We Trust was the message of the week in Parish Notes as we pondered an FT article. An interesting discussion enjoyed by our subscribers. To get the daily insights on market structure, send me an email.

In BigWorld

From EI Daily 2454, Wednesday 14th September, 2022

Further to my thesis expounded yesterday that Putin will be toast soon enough (albeit T+coup day I would make as Q1 next year), the integrity of Russia has not been exploded overnight (but watch the Chechens and other breakaway minded folks). However, Russia’s allies are in trouble as we see the first attempt to exploit the Russian army being stretched by their catalogue of dismal failures in Ukraine.

Azerbaijan has launched an attack on Armenia, claiming a treaty breach of the 2 year ceasefire from the Armenian side. In reality, the Azeris are exploiting the weakness of Armenia’s ally as Moscow has a paucity of troops and supplies to support the Yerevan government.

A fair few panjandrums running Russian satellite nations may be developing insomnia issues methinks.



Season 13: Episode 05: IPO-VID Livestream 077

“Caterina Caramaschi: Coming of Age With ICE”

Tuesday, September 20th: 1800 UK, 1900 CET, 1300 EST

Caterina Caramaschi is celebrating her 21st anniversary working in equity derivatives with ICE (formerly LIFFE)

Named Global Head of Equity Derivatives at ICE in December 2020, Caterina is responsible for ICE’s global equity derivatives complex covering MSCI Index Futures, FTSE Index F&O, NYSE FANG+ Index Futures as well as Single Stock Futures & Options.

Tune in on:





Season 13: Episode 04: IPO-VID Livestream 076

“Exberry: Building Cloud Based Exchanges”

Tuesday, September 13th: 1800 UK, 1900 CET, 1300 EST

The move to cloud based exchanges raises lots of questions. In this IPO-VID LiveStream with Exberry CEO Guy Melamed & Head of Sales Magnus Almqvist, we discuss the key issues for building markets.

Guy Melamed is a co-founder and CEO of Exberry, the exchange technology pioneer revolutionizing markets. Guy Has been selected by as one of 12 Fintech Leaders that are shaping the industry.

Magnus Almquist has a solid understanding of exchanges and their evolving ecosystem universe, as Head of Sales at Exberry with over 20 years’ experience including Head of Sales at Aquis Exchange, heading Smarts Group’s London office and CTO of LSEG’s EDX.

Watch the Stream on:





In IPO-VID Episode 065: Patrick L Young was joined by Exchange Data International CEO, Jonathan Bloch.

Listen and learn more about “Disrupting Exchange Data Internationally”

Available in different podcast sources:



Google Podcasts

Apple Podcast



ZipMex Zip-Thai’d?

HRH QEII Dies & the Parish Mourns Along With the World

EU Cutting Energy Margins

PCAOB Due in HK Soon

The Exchange Invest Weekly Podcast 161

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.

Podcasts This Week

MiB: Lynn Martin, President Of The NYSE

The Big Picture

Macro Thoughts

Abundance Doesn’t End

The Spectator

‘Superabundance’ And The Enemies Of Exchange

The Dispatch

Lest you missed it, my repricing of everything theory as mentioned in BigWorld above, is summarised on Linkedin and Medium.

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!

Elizabeth II Was Britain’s Monarch, But She Held Together Our Bonds To America

The Monarchy’s Strength Is The Foundation Of Our Prosperity In Choppy Waters

City A.M.

Just Outside Of Munich, A Startup Plans A New Process To Recycle Lithium-Ion Batteries

Yahoo Finance

Elon Musk’s College Sweetheart Auctions Off Billionaire’s Mementos


“Happy Birthday, Jennifer (aka, Boo-Boo), Love, Elon,” reads the note. As of Sunday morning, the highest bid is almost $7,000. The card is expected to sell for more than $10,000, according to RR Auction.

One Worldview Has Taken Over The Historical Profession

The Spectator

The $100 Trillion Global Economy In One Chart

Visual Capitalist

Analysis: Why The Dollar’s Wrecking-Ball Rally Is Not Done Yet


The Search For Dirt On The Twitter Whistle-Blower

The New Yorker

…If you want to stay abreast of the world of exchanges then please Subscribe to our Daily Newsletter — free 30 day trial.

Or Subscribe to our Weekend Edition — it’s free.

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

Or the “ICE Cost of Borrowing 2020–2022” An Interest Rate Comparison, which illustrates the end of the funny money era of QE and how interest rates have already had a major lurch up from their previous region of zero to, even negative, levels.

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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