Exchange Invest Weekend: 27th Nov.
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 1992, the National Stock Exchange Of India Ltd. was incorporated as a non-govt company at the Register of Companies, Mumbai.
In BigWorld
From Exchange Invest 2213: 23rd, November 2021: Tuesday
Meanwhile, in North Korea, having shut its borders completely to deal with Covid, trade with its largest economic partner China has decreased by at least 80 per cent. Meanwhile, Q3 trade with Russia amounted to what The Spectator notes was “a pitiful $651 (£480) — by contrast, this trade totalled $34 million (£25m) in 2018.”
In North Korea is on the verge of a humanitarian collapse, The Spectator goes on to note: “There are reports of sky-high inflation, with prices for essential goods in Pyongyang rocketing. In June, shampoo was being sold for $200 (£148) in the capital. Even by North Korean standards, the economic situation is dire.”
IPO-VID LIVESTREAM
NEXT WEEK TUESDAY
Season 8: Episode 5 IPO-VID Livestream 047
IPO-VID Guest: Rosa Armesto Plaja
Tuesday, November 30th: 1800 UK, 1900 CET, 1300 EST
“Capital Markets: From Brussels With Love”
Rosa Armesto Plaja is Deputy Director General of the Federation of European Securities Exchanges (FESE), responsible for coordinating all regulatory policy campaigns and strengthening FESE’s positioning on the key issues and priorities for exchanges in Europe.
While predominantly working for FESE, Rosa spent 4 years as a Member of the Management Team and Head of Public Affairs and Communications of Insurance Europe. Prior to working in Brussels since 2007, Rosa was in Luxembourg with Eurostat (the statistical office of the European Commission).
Watch the Stream on:
NOW ONLINE!
Season 8: Episode 4 — IPO-VID Livestream 046
IPO-VID Guest: Steve Zwick
Tuesday, November 23rd: 1800 UK, 1900 CET, 1300 EST
“The Market View From COP26”
A former futures broker and trader in Chicago, nowadays Steve Zwick writes about the economics of sustainable development and the interplay between land-use and climate change — two subjects he developed a fascination for in a 30-year career that brought him from Chicago’s trading pits and led to subsistence farms in rural parts of Kenya, Vietnam, and Brazil.
As a journalist, he has worked for publications as diverse as the Chicago Reader, Fortune and Time Magazines. He has been twice short-listed for the World Leadership Forum’s prestigious Business Journalist of the Year Award. He also produced radio features for Germany’s Deutsche Welle Radio and National Public Radio in the United States.
Watch the Stream on:
IPO-VID LIVESTREAM PODCAST
Episode 23: “The City United, A New Brexit Chapter for London”
In IPO-VID Podcast Episode 23: I was joined by Daniel Hodson discussing “The City United, A New Brexit Chapter for London”- enjoy!
Available via all the usual podcast sources:
EI WEEKLY PODCAST 122
The European Union’s letter to Santa Claus is leaked. And we have IPO records across the world even before we reach Thanksgiving for the calendar year.
The Exchange Invest Weekly Podcast 122
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.
Podcasts This Week
Episode 16: Monitoring Financial Stability
ISDA
Parish Notes
The EU says it’s making progress on CMU, even FESE wasn’t convinced. Frankly we’re utterly cynical — the EU is a decade late and entirely incapable of delivering anything right now other than chaos.
Macro Thoughts
Chart: Visualizing The 700-Year Decline Of Interest Rates
Visual Capitalist
PLY: Albeit there is likely an almighty sting in the tale as rates tick up by even a few percentage points — and the current generation of rates traders are almost oblivious to the notion of interest >0%
‘Dire Reality’ Of China Population Crisis, Covid-19 Blamed For Tumbling Births
South China Morning Post
COVID-19
Returning To Lockdown Is Lazy Thinking
CapX
Brexit: Done
A Rich Tradition Of English Law Has Always Kept Our Eu Rivals On Their Toes
City AM
PLY: A legal system that can evolve may have its bad moments but overall the ability to move with the times marks out a huge contrast to the stasis of codification. This remains at the heart of my belief as to why the EU was a poor choice for the UK and Barnabas Reynolds outlines again the simple advantage a living legal system has over a hard coded fabric of law and order.
Of Interest
The $5 Billion Hoard Of Metal The World Wants But Can’t Have
Bloomberg
US$5-Billion Hoard Of Aluminum In Vietnam May Never Be Seen Again
Financial Post
A stockpile of aluminum in Vietnam is big enough to end a global shortage. Instead, it’s a symbol of a rather dysfunctional market.
A $391 Million Fine Has China’s Board Members Quitting En Masse
BNN Bloomberg
China Directors Quit As Company Board Members After Kangmei Fines
Bloomberg
Independent directors of at least 20 companies listed on the Shanghai and Shenzhen stock exchanges have resigned after a Guangzhou court ruled on personal liability issues that have unnerved many NEDs.
Explainer | Why Does The Chinese Government Hate Video Games?
South China Morning Post
Financial Crises And Political Radicalization: How Failing Banks Paved Hitler’s Path To Power
BIS
Nigeria: Aliko Dangote, The $19bn Bet, And The Battle Against The Commodity Traders
The Africa Report
Climate Fintech Is Fertile Ground For Seed And Early-Stage Deals
Crunchbase News
How An Ancient Harvest Practice Pushed Eu’s New Farm Reform To The Edge
Politico Europe
FCA Spends £5m On Laptops To Aid Hybrid Working
FT Adviser
Last Word
Catch up Monday for Exchange Invest 2218…
the future continues in the water cooler for the bourse business…
-Patrick
