Effective Government : EI Weekend 2968
Farewell interview from an excellent PM. The Anglo-American thinking rift, Potemkin financial institutions in Africa…EU…Defund the OECD.
ECX and The Winds of Change: A memoir from Ethiopia by Dr. Bharat Kulkarni
In response to reader’s queries, we have added a book of the week column to the EI weekend edition - interesting books pertaining to exchanges and markets, investment et al.
- Anybody can sign up for EI Weekend for free at ExchangeInvest.com incidentally.
245 Exchange Invest Weekly Podcast May 18th, 2024
This week in the parish of bourses and market structure:
CFTC All Politics No Markets,
Yield Curve Connect Improves,
Oz Parl collates Feedback On The ASX “CHESS Mess”
LSEG Reckons Its IPO Pipeline Is Growing,
As the US country club duopoly look unstoppable for IPO flow.
FTSE100 @40 : EI 2967
I have taken the liberty of an extended parish note to celebrate the 40th anniversary of FTSE100 futures, as celebrated last evening in London.
Binance Cures A Scam
Binance has a cure for a hack - interesting times as always in the world of crypto market structure.
All Round Expansionism : EI 2966
Lots of expansionism across the globe with a mega prop trading merger as Gedon’s eponymous empire scoops up Kent’s OSTC combine.
Crime & Punishment
Ryan Salame approaches his date with judicial destiny - where will his stretch fall on the CZ-SBF scale?
T+1 T+14 : EI 2965
Clearly the Indy 500 looks unlikely to see a lot of US equity settlement folk at the Brickyard Sunday, May 26th but so far no full course yellows for the US, Canada, Mexico T+1 from T+2 tango when the markets reopen after Memorial Day on May 28th.
Degraded Performance
Not a good day for Coinbase as it suffers systems maladies…
Yield Curve Connect : EI 2964
Swap Connect enhancements to mark its first anniversary presage the great leap forward to the RMB ETD yield curve on HKEX. Oz Parl feedback on ASX serial failure which resulted in the festering CHESS mess makes for some gruesome reading and JPX seeks to split its stock.
Malodorous Hacking
From Pyongyang with purpose but no love comes a new threat, North Korean hackers deploy ‘Durian’ malware, targeting crypto firms.
CFTC All Politics No Markets : EI 2963
The sad demise of the CFTC Commission under Chairman Behnam makes the TLD Biden admin look almost competent by comparison - and that’s an ongoing disaster.
Rice Trading Off Blockchain
SBF finds himself still in pure play guilt denial (well technically he was raised to deny guilt exists so clearly he inherited a philosophical quandary from his parents) and is busy trading rice in jail.
Fixing The Unfixable?: EI Weekend 2962
Ideological capture? FT’s problem solving failures. Staying ahead of the curve, meh? Demise of a famous dog, the live of a remarkable raven.
