Exchange Invest Weekend: 9th April
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 2001, the Nasdaq 4,880 stocks completed pricings to dollars and cents instead of fractions.
In BigWorld
From Exchange Invest 2317: 4th, April 2022: Monday
Very interesting article on the Sino-macro from the Atlantic Council you may have missed the other week: Beijing’s Message To Financial Markets: We’re Listening. This leads neatly to the recent Reuters story: China plans to remove hurdle to Sino-U.S. audit cooperation.
IPO-VID LIVESTREAM
NEXT WEEK TUESDAY
Season 11: Episode 2, IPO-VID Livestream 062
IPO-VID Guest: Patrick Young
Tuesday, April 12th: 1800 UK, 1900 CET, 1300 EST
“PLY” Meets Patrick Young!
Patrick Young on a mission to improve financial literacy — and no. it’s not “PLY” but a namesake with similar aims!
Patrick is Director for the New Orleans Mayor’s Office of Gun Violence Prevention. The OGVP is the backbone of the city’s efforts to work with New Orleanians to create peace and prevent gun violence.
Prior to working with the Mayor, he served the New Orleans Business Alliance as Director of Training, managing the STRIVE work readiness training program. Operating across four opportunity centers in the city of New Orleans, Patrick helped employ over 890 formerly incarcerated persons in less than 3 years.
As Founder and Executive Director of “SharpMen” Patrick helped men overcome barriers to employment and was selected as a WK Kellogg Foundation Fellow for his proven leadership and dedication to improving the city of New Orleans.
And now Patrick is the author of his first book, “A WAY UP, Economic Development Post Incarceration” — a strategy toolkit for individuals with barriers in financial literacy and access to resources because of a conviction.
Watch the Stream on:
NOW ONLINE!
Season 11: Episode 1, IPO-VID Livestream 061
IPO-VID Guest: Hamish Adourian
Tuesday, April 5th: 1800 UK, 1900 CET, 1300 EST
“Sinara Bringing Trading Solutions to Life”
Hamish Adourian is Head of Sales and Marketing at Sinara, a London-based software house established for over 30 years and known as a trusted software partner to leading financial institutions around the world.
Hamish joined Sinara in 2006 as a software engineer, building a strong background in the design and development of systems for exchange operations, commodities trading and market data distribution. Having a keen interest in business, he progressed into sales & marketing, bringing to Sinara’s customers his insights into how technology can help solve challenges faced by participants across the financial markets.
In 2021, he became responsible for Sinara’s sales and marketing operations, and continues to champion the SinaraTLC initiative, which has resulted in Sinara investing in a new suite of trading lifecycle components for brokers, exchanges and clearing houses.
Watch the Stream on:
IPO-VID LIVESTREAM PODCAST
Episode 42: “Live From ArawakX — The New Caribbean Exchange”
In IPO-VID Episode 42: I was joined by ArawakX Pan Caribbean Securities Exchange CEO and Chairman of the Board D’Arcy Rahming, Sr. discussing “Live From ArawakX — The New Caribbean Exchange.”
Available via all the usual podcast sources:
EI WEEKLY PODCAST
EI Weekly Podcast 139
ICE moving some CCP out of London. The European Union kills crypto privacy at the same time as messing around with clearing house access, restructured Tokyo trading begins, Johannesburg Stock Exchange enjoy a spectacular private launch and FTX invests in the Flash Boys exchange IEX.
The Exchange Invest Weekly Podcast 139
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 288: McLaren Racing CEO Zak Brown Makes The Connection With ICE
Inside the ICE House
PLY: Meant to highlight this a while back. Interesting podcast even for a post F1 fan like me who has abandoned the WWE of motorsport for, well: motor-sport.
How Bill Gross Built A Bond Empire And Then Lost It
Bloomberg
PLY: Cue “it’s always in the last place you look for it” quips.
ISDA Episode 20: From Climate To Crypto
ISDA
Central banks face a wide range of issues in 2022, from the rapid development of sustainable finance to the rise of crypto assets and the potential for central bank digital currencies. Sylvie Goulard, second deputy governor at the Banque de France, joins ISDA’s Scott O’Malia to discuss.
Parish Notes
City Of London Grandee’s Collection Of Barometers Goes Up For Sale
Financial Times
I covered the demise last year of Sir Nicholas Goodison, the polyglot visionary chairman of the LSE who was a capital market revolutionary before I was in short trousers. Now, his family are selling his collection of barometers — of the weather, not stock market variety. As noted in his obituary, he was the author of the definitive English Barometers 1680–1860 in 1968.
COVID-19
Traditional Medicine Has Role In Virus Fight
South China Morning Post
PLY: In essence Covid is done and dusted — fully endemic — in the parts of the world where they went on with herd immunity and / or mass vaccination. The notion of vaccination every few months in the rich world is perplexing the UK NHS and many others — which shockingly puts me in agreement with the disastrously incompetent UK health monolith for once.
Fortunately, travel is opening up and while I know it’s not a fun thing to suffer from, the reality is Covid is endemic — time to live with it…and all within the 24 month window I was able to outline 2 years ago thanks to keeping a cooler head than most and just following the statistics and science even as a non expert on either.
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!
Home Buyers, Sellers Must Let Agents Verify ID To Counter Money-Laundering
South China Morning Post
PLY: A big theme upcoming and for which there are already apps…
Rethinking Startup Failure: An Alternative To Series B
Nasdaq
More Than Anywhere Else In The U.S., Nearly 1.7 Million Homes Sit Empty In Florida
Florida Insider
The Decline Of Long-Term Investing
Visual Capitalist
PLY: I might be open to suggestion that we are actually witnessing the decline of Visual Capitalist as it appears to have either run out of imagination, or just become addicted to sponsorship dollars…perhaps both. At the same time, perhaps the elephant in the (stock holding) room is the way investment managers appear to be heading towards ADHD more than buy-hold, to justify their bonuses? (& no I don’t mean Terry Smith, clearly).
Last Word
Catch up Monday for Exchange Invest 2323…
the future continues in the water cooler for the bourse business…
-Patrick
