Exchange Invest Weekend: 5th Feb.
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 2005, Central bank governor Zhou Xiaochuan said China is committed to revamping its foreign exchange regime and further relaxing its capital account controls.
In BigWorld
On February 6, 1952, HRH Queen Elizabeth II ascended to the throne of the United Kingdom and has lead the Commonwealth ever since through 70 truly magnificent and majestic years since the young Princess learnt of her accession during a trip to Kenya from her then home in Malta.
In an era when the political classes can be easily questioned for their abilities, nobody can challenge the incredible impact Her Majesty has had across her dominions throughout an impeccable reign.
Exchange Invest salutes Her Majesty on this momentous day and hopes that HRH will long reign over us — as her world-famous ‘theme tune’ notes…
IPO-VID LIVESTREAM
NEXT WEEK TUESDAY
Season 9: Episode 5 — IPO-VID Livestream 053
IPOVID Guest: Erja Retzén
Tuesday, February 8th: 1800 UK, 1900 CET, 1300 EST
“From First North To Infinity & Beyond!”
Erja Retzén is Senior Managing Director at Nasdaq, Global Listing Services. She works closely with existing and future issuers listed on Nasdaq Nordic and with start and scale-up communities, with a specific sectoral speciality in mining & exploration, gaming and cleantech.
Erja joined Nasdaq in 2005 and previously held a number of managerial roles within marketing communications, business excellence and project management.
Erja holds an M.Sc. (Eng.) in industrial engineering and management and has also graduated from Oulu Mining School’s GeoPros PD program.
Watch the Stream on:
NOW ONLINE!
Season 9: Episode 5 — IPO-VID Livestream 053
IPOVID Guests: Julia Street & Eliza Firby
Tuesday, February 1st: 1800 UK, 1900 CET, 1300 EST
“Two Diverse Tech Musketeers”
Julia Street, the incomparable founder and CEO of Streets Consulting Ltd. Julia was formerly Global Head of MarComms at NYSE Technologies and previously Instinet Europe.
Julia is also a host of DiverCity Podcast series, mentor, MC, speaker and a stand up comic.
Dr Eliza Filby is a writer, speaker and consultant specialising in ‘Generational Intelligence’ helping companies and services understand generational shifts within politics, society and the workplace. Her work has ranged from VICE media to the Royal Household.
Eliza is the author of Fuelling Gender Diversity: Unlocking the Next Generation Workplace & Mind the Gap: Managing a Multi-Generational Workforce in the Post Pandemic Age and recently launched her own podcast, It’s All Relative.
Watch the Stream on:
IPO-VID LIVESTREAM PODCAST
Episode 33: “At The Sharp End of Prediction Markets”
IPO-VID Episode 33: I was joined by the Sharp Square Capital, LLC Founder & MD Flip Pidot discussing “At The Sharp End of Prediction Markets” -enjoy!
Available via all the usual podcast sources:
EI WEEKLY PODCAST 130
Excellent results from NASDAQ.
ESMA, are they moving from Procyclical to Pro-Kamikaze?
Valereum PLC buys the Gibraltar Stock Exchange and FTX is valued at $32 billion.
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
Charlie Munger Roasting People For 5 Minutes Straight
Youtube
Charlie Munger, the right hand man of Warren Buffett was born on 1 January 1924, and to mark his 98th birthday, some of his one-liners have been collected in this video. Quite unmissable, the best five minutes financial of Americana I can think of.
Ken Nguyen: Making The Private Markets Public
Seedrs
Parish Notes
Valereum Buys Gibraltar Stock Exchange To Create Crypto Hub
Reuters
Valereum PLC — Acceleration of Acquisition/Increase to 90% of GSX
All Announcements | Aquis
Blockchain Firm Valereum Acquires 90% Of Gibraltar Stock Exchange
CoinDesk
Valereum
Gibraltar Stock Exchange On Track To Become Crypto Trading Hub
City A.M.
VLRM RNS 220131 $10 Million Funding Facility With US Led Syndicate
Valereum
Gibraltar Could Launch the World’s First Crypto Stock Exchange
Wired
PLY: Good to see Valereum’s ambitions to acquire the Gibraltar Stock Exchange featured in Wired Magazine.
PLY: Thank you to the many parishioners already passing on their good wishes, it’s an exciting time for us to acquire a small European exchange.
Macro Thoughts
US-China Financial Market Tensions: The Road To Riches Or Ruin?
Atlantic Council
COVID-19
Lockdowns Did More Harm Than Good, Major Study Finds
Telegraph
Restrictions prevented only 0.2 per cent of deaths in first wave, study finds as researchers call for curbs to be rejected as future policy.
PLY: I appreciate some have suffered dreadfully. I realise many have died but in the end the blob sucked and lockdowns were a dumb idea that — as can be seen even in recent weeks, just didn’t work.
Fortunately Covid is over bar the shouting… precisely as predicted here in Exchange Invest in March 2020: it would not last more than 2 years and would prove as dangerous as the flu by that time. All proven correct. Yip, moving on… albeit the blob is still months behind the reality but then that has been the story of the past 2 years.
PS Can’t resist noting another egregious failure of the simply dismal British National Health ‘Service’ (sic): NHS Nightingale hubs cost £11m to build … only to treat seven patients.
Of Interest
As always, a review of interesting reading to provoke thoughts and consideration…
Is Cloud Neutrality The Next Net Neutrality?
Forbes
Israel Is Becoming A Cybersecurity Guarantor In The Middle East. Here’s How.
Atlantic Council
NFT Collector Loses $2.7 Million In Bored Ape NFTs And Derivatives
The Block
PLY: Of course, countries can do this on a vastly larger scale:
After The Bitcoin Crash, El Salvador Is Betting Its Economy On Buying The Dip
Quartz
PLY: El Salvador continues to trailblaze its way through the fiscal history books with an experiment in the national currency which sooner or later may make some folk wistful for earlier flawed times? At least the idea of a currency plummeting in value is not a new thing amongst South American nations… However, the whole notion of doubling down — always a poor trading strategy — being one which works for an entire country — well I suppose the Italians have survived on the debt / GDP front like this for ages?
BizTech: A Young Man’s Journey To Becoming One Of Ghana’s Luxury Watchmaker
GhanaWeb
Now the owner and founder of CaveMan Watches, Anthony Dzamefe shares his journey to becoming one of Ghana’s luxury watchmakers.
PLY: I love this story.
Last Word
Catch up Monday for Exchange Invest 2269…
the future continues in the water cooler for the bourse business…
-Patrick
