Oct 1, 2021
Exchange Invest Weekend: 2nd Oct.
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.
For a free trial to Exchange Invest Daily, send me a message.
On this day in 2007, Nasdaq agreed to acquire the Boston Stock Exchange for about $61 million
Big World
From Exchange Invest 2167: 30th, September 2021: (Thursday)
That elastic trickery thingie which is at the epicentre of powering almost everything including even many cars nowadays, is in short supply.
It’s hard to point to one single point which has provoked the latest energy crisis but there are issues across the globe. In the PRC (China’s power shortage turns dire as traffic lights fail, homes fall dark) fingers point to coal prices as one factor. Over half of the 31 mainland provincial jurisdictions are now rationing power leading to some irritation qv: Which is to blame for China’s power supply crisis — coal shortage, or Beijing? as the worst Chinese energy shortage in over a decade terrifies Chinese SMEs.
Meanwhile UK media managed to whip up a storm which provoked a petrol shortage this week which as I noted previously is an ideal test run of how things will look from the mud huts of the home counties once Boris’ green agenda really kicks in.
Ahead of winter, Europe has acute issues — the Russians aren’t sending sufficient gas to replenish European supplies and the useless Mrs Merkel has ceded energy security through a series of her bizarre decisions (closing nuclear plants, snubbing Ukraine in favour of Russian pipelines etc). The EU has failed to think ahead. Plus ca change.
There has been a clear failure of that textbook oxymoron “government thinking.” Things may become much chillier before they get better this winter.
IPO-VID LIVESTREAM
NEXT WEEK TUESDAY
Season 7: Episode 5 — IPO-VID Livestream 041
IPO-VID Guest: Shari Noonan
Tuesday, October 5th: 1800 UK, 1900 CET, 1300 EST
“The New Frontiers of Private Markets”
Shari Noonan is the CEO of Rialto Markets, a Finra registered broker dealer and SEC registered ATS focused on private market digital securities. Shari has extensive experience in building and scaling operations & products with Deutsche Bank, Goldman Sachs, and Instinet and was directly involved in the electronification of the Equities market.
She worked to develop many of the initial products in equities electronic trading, including the first ATS’s, advanced algorithms, and electronic negotiations. Shari received a BS in Accounting from Marquette University and MBA from Columbia University and holds Series 3,7,24,55,63 registrations.
Watch the Stream on:
NOW ONLINE
Season 7: Episode 4 — IPO-VID Livestream 040
IPO-VID Guest: Matthew Chamberlain
Tuesday, September 28th: 1800 UK, 1900 CET, 1300 EST
“At the Heart of Base Metals”
London Metal Exchange (LME) CEO Matthew Chamberlain is responsible for the stewardship of the global base metals trading market having overseen several significant initiatives, including the delivery of integration and build-out following the acquisition of LME by HKEX, re-tooling of the LME’s physical network delivery, and a market-wide discussion on the strategic direction of the Exchange.
Having joined LME in 2012, Chamberlain has a track record of using corporate platforms to promote inclusivity, responsible supply chains, and environmental standards through a multi-stakeholder approach. Most recently, he has leveraged the LME platform to build consensus across the global metals industry on responsible sourcing and environmental sustainability.
Watch the Stream on:
Watch the Stream on:
IPO-VID LIVESTREAM PODCAST
Episode 15: “Indexing the World with FTSE”
In IPO-VID Podcast Episode 15: I was joined by Wilshire CEO Mark Makepeace: “Indexing the World with FTSE”- enjoy!
Available via all the usual podcast sources:
EI Weekly Podcast 114
IEX targets “Reddit Retail”, Beijing Stock Exchange already testing their SME platform, while we await the possibility of a China Crackdown. Meanwhile, the FCA says “No Time to Die for Libor.”
The Exchange Invest Weekly Podcast 114
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
Crypto Part Of ‘Multigenerational Change,’ Need To Get The Regulation Right: Ex-CFTC Chair
Yahoo Finance
On this episode of Yahoo Finance Presents, Former CFTC Chairman J. Christopher Giancarlo sat down with Yahoo Finance’s Jennifer Schonberger to discuss all things cryptocurrency.
Episode 261: Unlocking the Value of Nature with Intrinsic Exchange Group CEO Douglas Eger
Inside the ICE House
Macro Thoughts
Visualizing The Global Demand For Lithium
Visual Capitalis
COVID-19
Pill Intended To Be Covid-19’s Tamiflu Succeeds In Key Study
WSJ
Of Interest
How You Legitimise A Pyramid Scheme
The Rum Rebellion
Meet The Most Lucrative And Fast-Paced Item In The Fashion Industry: Sneakers
FashionUnited UK
Limited supply, buoying demand and a fast-paced tech-enabled global market are doing the rest.
A Crypto Firm CEO’s Bull Case For NFTs: ‘Money Is Just A Meme’
Bloomberg
Wall Street Monitors Used Car Wholesale Auction Index To Predict Inflation
Autoblog
The Times likens newfound interest of the Manheim Index to that of ABX indexes, which track subprime mortgages, during the 2007–08 global financial crisis.
Last Word
Catch up Monday for Exchange Invest 2170…
the future continues in the water cooler for the bourse business…
-Patrick
