Exchange Invest Weekend: 11th Dec.

Patrick L Young
6 min readDec 10, 2021


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.

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On this day in 2008, Bernard Madoff was turned in by his two sons and arrested for running a widespread Ponzi scheme. He was sentenced to 150 years behind bars. dying in prison on April 14, 2021, at the age of 82.

In BigWorld

From Exchange Invest 2225: 07th, December 2021: Tuesday

Nearly two-thirds of Gen Z think they’ll become crypto millionaires notes Fortune Magazine

In other signs this could be a bull market approaching the peak of an economic cycle, mini skirts are big in fashion news

…is hemline theory in the age of crypto still relevant?



Season 9: Episode 1 — IPO-VID Livestream 049

IPOVID Guest: Jos Schmitt

Tuesday, December 14th: 1800 UK, 1900 CET, 1300 EST

“Jos Schmitt: Serial Exchange Entrepreneur”

Jos Schmitt is Co-Founder, President & CEO of the NEO Group of companies, a FinTech organization that includes the NEO Stock Exchange as well as a technology arm providing a multi-asset distribution platform for mutual funds and private offerings.

Prior to the NEO Group, Jos formed together with a number of blue-chip financial institutions the Alpha Group serving as President/CEO, including the Alpha Stock Exchange. This followed his role as EVP Head of the Americas and Global Head of Capital Markets for a global professional services company focused on the financial services industry.

Watch the Stream on:





Season 8: Episode 6 — IPO-VID Livestream 048

IPOVID Guest: Taraneh Derayati

Tuesday, December 7th: 1800 UK, 1900 CET, 1300 EST

“A New Code for Market Structure”

Taraneh Derayati is the CEO of Vermiculus Financial Technology, an innovative FinTech company delivering microservices-based solutions for the largest trading and clearing venues globally.

Derayati has vast experience in leading large technical transformation projects for exchanges and clearinghouses. Prior to Vermiculus, Derayati was Head of Sales and responsible for business development and client account management at Cinnober where she led some of the firm’s largest sales before it was acquired by Nasdaq. She continued as VP at Nasdaq Market Technology where she led a major clearing project to replace the entire infrastructure and developed agile transformation.

Watch the Stream on:





In the first episode of IPO-VID season 5: I was joined by Scientist financier & then Sheriff of the City of London, Michael Mainelli of Z/Yen Group discussing “The Sustainable City & Beyond”- enjoy!

Available via all the usual podcast sources:



Google Podcasts

Apple Podcast


T + 1, not yet even “Coming Soon.”

So, a vast array of acronyms, SIFMA, ICI and DTCC have laid out the path to shorten the US Securities Settlement Cycle. In other words, we’re looking at T+1 within T+943 days.

The Exchange Invest Weekly Podcast 124

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

Here’s Why There’s A Need For A 24-Hour Stock Exchange


Will Hunter Biden’s Laptop Come Back To Haunt His Father?


PLY: I fear there is a truly ghastly truth about Joe Brezhnev — and the realpolitik is, the current President is everything he proclaimed his predecessor was, arguably even more…

Parish Notes

The big personnel news of the week was Lynn Martin acceding to the top spot — President of the NYSE. We had the opportunity to enjoy an hour of quality time with Lynn on the IPO-VID LiveStream earlier this year — catch the recording here.

Brexit: Done

City’s Dominance Looks Welcome Sign Of Post-Brexit Innovation

City A.M.

US Overtakes Europe After Brexit Liberates City Of London

The Telegraph

PLY: It would be easy at this stage to crow about how for five and more long years it was a clear cut case that the City (>1000 years of mercantile history and counting) would prosper as a financial centre #DespiteBrexit or perhaps even thanks to this landmark move away from the EUs intended federal superstate.

However, let’s not be churlish and unreasonable. The drongos who proclaimed expertise have had enough to live with after more than half a decade of being utterly and profoundly wrong on all accounts.

So no need to rub anything into the festering septic wound of inexactitude which has to date surrounded all the ‘analysis’ (sic) by those who favoured the UK staying in the EU (incorrectly).

Of Interest

Russian Billionaire Roman Abramovich Is Selling His Private Boeing 767 Jet — It Has A Massive Lounge, Three Spacious Bedrooms, And Even A Reading Room.

Luxury Launches

Mining Tycoon Races To Build World’s First Ammonia-Fueled Cargo Ship


Physicist Michio Kaku Talks Space Travel And Why A New Treaty Is Overdue

South China Morning Post

China’s Crackdowns Put The Rich In Crisis Mode, Looking For An Escape Route

South China Morning Post

Ukraine’s Kyiv Post Suspends Publication After 26 Years


The Public Cloud Market: How Big Will It Get?


To Make Football Truly Global, We Have to Make Transfers As Transparent As Possible: Infantino

Egypt Today

The ‘Clearing House’ will help in this direction. Already, the payments for the training compensation will make sure that at least the 5%, …

Last Word

Catch up Monday for Exchange Invest 2230…

the future continues in the water cooler for the bourse business…




Patrick L Young

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