Spy Exchanges: EI Weekend 3198
No not bourse business but swaps of spies. From the Glienicke Bridge to Ankara and beyond…
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 Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
On this day in 2005, the Falcon 7X, a business jet designed and built by the French aviation company Dassault, was displayed for the first time. It was the first plane to be digitally modeled in 3-dimensions and required no prototype.
SPONSORED BY:
MACRO THOUGHTS
Espionage, Espionage-Related Crimes, And Immigration: A Risk Analysis, 1990–2019
Cato Institute
PLY: A slightly older piece to get the mood flowing on the espionage front! Yes, probably a tale too old for Tiktok but fascinating nonetheless.
IPO-VID LIVESTREAM: NEXT TUESDAY
“Multicurrency Mercantilism”
Guest: Kathleen Tyson
February 18th, 2025
1700 UK, 1800 CET, 1200 EST
“Good infrastructure grows markets. China proves it. Singapore proves it. Dubai proves it. For 25+ years I’ve grown global capital markets with infrastructure, liquidity solutions, and effective risk management. Pacemaker.Global provides central banks and policy makers with the tools they need to manage the complex challenge of transition to a Multicurrency Mercantilism in the global economy.”
-Kathleen Tyson
Join us for IPO-VID with the remarkable Kathleen Tyson who led the operational design for CLS Bank, taking the FX market from $940 billion a day to more than $14 trillion in daily settlements… supported the modernisation of central banks to fully digital, real-time operations…and much else besides.
Watch the stream on:
LinkedIn | Youtube | Facebook
IN BIGWORLD
From Exchange Invest 3193: February 10th:
A fun fact about work.
Over 60 percent of current jobs didn’t exist in 1940.
EXCHANGE INVEST WEEKLY PODCAST
T + A Decade Later, Philippine Stock Exchange Hits the Philippine Dealing Systems 60% Ownership Threshold Bond Market Merger in Action,
Dugan In A Shock Move to CBOE,
As ICE Excels,
& CBOE Achieves Stasis.
The Exchange Invest Weekly Podcast 282
BITCARNAGE
Pick Me!!!
Like donkey in Shrek, there are a lot of folks desperately leaping around for a post in the court of the crypto kingdom: Everyone In Crypto Is ‘Begging’ For A Spot On Trump’s New Advisory Council (NY Post).
If you enjoyed this excerpt you may be interested to know that you can read Bitcarnage every day in Exchange Invest.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.
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!
Turkey’s MIT Conducts Major Exchange Of Russian And Western Prisoners On Tarmac At Ankara Airport
BNE IntelliNews
PLY: Too dated to be newsworthy but on a trade basis, the key point to note here is that — from my own frequent experience — Istanbul airport is far too busy to cope with imprisoned geezers wandering between their respective tribes.
The True Story Of ‘Bridge Of Spies’: Cold War Spy Exchange Revealed
Factual America
The True Story Of ‘Bridge Of Spies’
Biography
PLY: And an article on the history of the Glienicke bridge in Potsdam itself: Glienicke Bridge — The Bridge Of Spies And The Biggest Agent Swap In History (SciHi Blog).
A Brief History Of Key Prisoner Swaps Between Moscow And The West
CBC
Spy Swaps: How They Did It In The Cold War
NPR
The Big Spy Swap: 10 Key Prisoner Exchanges In History
Spyscape
Interview: An Ex-FBI Agent Helps Unravel The Mysteries Of A Spy Swap
Global Security
Pilot Gary Powers Exchanged In U.S.‑Soviet Spy Swap
History
Books worth reading:
Finance Book Of The Week
“The Fisherman and the Rhinoceros: How International Finance Shapes Everyday Life” by Eric Briys and François de Varenne is weird, whacky wonderful and — I have it on good authority from the man who edited this, it was a challenge to render in English BUT the end result is fabulous — a thoroughly intriguing read that will get you thinking and delivers a resounding yes to the question, Is modern global finance, with its rarefied financial instruments, its ability to shuttle billions of dollars back and forth across the globe with the click of a mouse, and its philosophy of unrestrained free market economy, good for the economy- the real economy that most of us rely upon for our livelihoods?
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
Suggestions welcome if you would like to nominate a book for us to cover!
Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.
& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest — via Exchange Invest.com — it’s only $499 per annum to join “The Exchange of Information.
Capital Market Revolution
First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp
This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
IPO-VID LIVESTREAM: NOW ONLINE!
“Investing In Trump World”
Guest: Yra Harris
February 11th, 2025
1700 UK, 1800 CET, 1200 EST
Yra Harris has over 47 years of experience in all areas of commodity trading, with broad expertise in cash currency markets, Yra is an active macro-global trend trader. He is a regular guest analyst on Currency & Global Interest Markets on Bloomberg & CNBC & indeed, IPO-VID…
Watch the stream on:
LinkedIn | Youtube | Facebook
IPO-VID LIVESTREAM PODCAST
For this week’s episode, we dive into the incredible career of Alan Dickinson, one of the legendary LIFFE floor traders. Alan’s journey started in 1982 on the Royal Exchange floor and spans decades of experience, including his time at the London Stock Exchange and the Coffee Sugar Cocoa Exchange. He went on to run Tower Trading and is now Chairman of TradrLab, a platform simplifying data analysis for traders through no-code/low-code technology.
Join us for a fascinating discussion on trading history, innovation in finance, and the future of market technology! 🎙️✨
EI Website | Spotify | Apple Podcast | Anchor
LAST WORD
…If you want to stay abreast of the world of exchanges then please Subscribe to our Daily Newsletter — free 7-day trial.
Or Subscribe to our Weekend Edition — it’s free.
You can also check out the “Reflections From Young’s Pyramid”, it illustrates the relative value of exchanges around the world.
Or the “ICE Cost of Borrowing 2020–2022” An Interest Rate Comparison, which illustrates the end of the funny money era of QE and how interest rates have already had a major lurch up from their previous region of zero to, even negative, levels.
At the least can you like this article, or leave us a comment, we welcome your feedback.
If you enjoy our multimedia, then please Like / Subscribe to our video channel: IPO-VID In Patrick’s Opinion.
