The Frontier Financier: Recent Episodes
Patrick L Young
A big week as LSEG seeks to acquire Refinitiv, the TASE IPO takes place and much much more....
Back to the Review of the week and lots happening around the parish as we look back to the amazing Apollo 11 mission anniversary...
There's news about Tradeweb and sellers remorse, on the Star Market in Shanghai, oodles of product and a fair few job moves plus of course Brexit and an interesting interview with Stephane Boujnah...
Welcome to episode 6 of the beta series of the Exchange Invest weekly.
Issues? Mea Culpa - Commodity Futures Trading Commission - I seem to have inadvertently said Corporation...d'oh!
...but I wanted to retain the usual flow of live unscripted chat so here it is!
Everything from the major week headlines, the TASE IPO, the poor perspective of some journey with regard to Blockchain and finance plus much much more...
Enjoy!
Welcome back for a fifth unscripted review of the week in bourses, the Exchange Invest weekly.
Lots happening in all manner of areas including LNG, IPOs and much much more...as well as a few rants about the EU, some discussion of the new UK government and runners and riders in the race to become the new Governor of the Bank of England and some reflection on Deutsche Bank's launch of a second bad bank in decade and mass retrenchment etc...
A pretty packed week reviewed...
It was a full 5 day week despite the Independence Day holidays for the Exchange Invest newsletter and here are the highlights of the week including the Aquis purchase of NEX, some pondering outside the exchange parish on the EU's new presidents, the passing of Lee Iacocca, Arte Johnson and Christopher Booker as well as how the EU's protectionism against Switzerland's markets are faring as well as multiple job moves and indeed news from the parish of our representation at the World Soccer/football cup final...
Production notes: still in beta but closer to launch formally than ever!
A third weekly beta podcast.
Alas the sound input was a bit of an error on my part - sorry! - which means it may be tough for e.g. MS users to hear.
Will sort by next week (the beta test quest continues!).
For today's show, I look at Regulation, Regulation and Regulation including from CFTC, FCA, SEC, EU / EC, Switzerland and more.
Also Botswana SE to be privatised and news from Equiduct as well as come key changes at Nasdaq... and more including exciting new futures via Richard Sandor as Ameribor gets ready for CBOE listing.
This edition reviews the past week from June 22-29th inclusive.
A second weekly review of what has happened in the week of exchanges and market structure worldwide, based on my daily subscriber newsletter Exchange Invest.
Topics in this issue include:
Libra
Various strands of Regulation including:
- EU / Swiss spats over protectionism
- Brexit
- Nasdaq's new corporate governance centre
- Market Data Pricing
As well as deal news this week and must read articles involving a cornucopia of topics from financialisation of commodity trading through a US financial transaction tax via issues with the LTSE.
For more about Exchange Invest newsletter: ExchangeInvest.com
For more on the DLT Malta book: BlockchainMalta.info
3.38: A free Podcast to update on Mifid matters of moment. Barely was my Premium message of yesterday published than recent upstart BATS Europe actually surpassed Turquoise in percentage share in Europe. Whither now the MTF marketplace? True, subscribers to my inner circle already knew many of my thoughts even a year ago but here they are in the public domain free for the first time... Be Careful Who You Listen To!
The system seems to have had various glitches in the past 24 hours - apologies. So I am reposting the AmCiv Prediction Markets free podcast here in an attempt to make it open to all.
6.07: The opening of the American Civics Exchange in New York marks an interesting turning point in the marketplace for US Political trading on exchanges. Predicting the Prediction markets has rarely looked more interesting, but is it really relevant to the mainstream legacy exchanges?
5.09: Yes, Gordon Brown may be a totally appalling incompetent who has helped bring Britain to the edge of Bankruptcy but is "Team Obama" actually working on foreign relations or is it just too tired, (as it has claimed) to make foreign policy work while "fixing" the US economy...
5.24: Hello, Good Evening and Welcome to the latest Reality Gameshow format...it's the Quantitative Easing Show... Is this growth I see before me? Or is it the Abyss for the UK???
3.33: The changes in the C-Suite at UBS are coming faster than some Swiss Private Bankers allegedly used to squeeze the diamonds out of the toothpaste tubes.... Now the brilliant CEO Ossie Grubel is to work alongside, not Peter Kurer (wow, doesn't it seem just ages ago since Marcel Ospel was in situ?) but by a new Chairman, a financial politican of considerable repute but intriguingly not a banker, what does this mean for Swiss Banking and indeed Switzerland Inc?
(Actually had you been a subscriber you would already have known at least part of the answer from our Premium podcast of last week on the topic! - Can you afford to wait for the juiciest analysis? If not, hit the "Premium Subscribe" button).
5.16: Let's start the week on a slightly different note by examining the current state of the car industry and classic cars too. Nevertheless, key asset messages are here and as ever it's a lesson about the force of the Sell Side when trying to broker an asset! For the uninitiated, I actually know a reasonable amount about this topic, having been closely involved on and off since childhood in historic motorsport and even dealing in cars, classic cars and racing cars...
The shocking sad tale of a country once brought back from the dead by a progressive woman who handbagged Britain back to prominence and has seen her legacy destroyed by simply the worst government in UK history (itself somewhat of a major achievement!).
The most popular Podcast to date, this is a discussion of some of the issues surrounding the future status of Europe's largest independent CCP clearing house.
Freight rates have had the most dramatic move of all in recent months. Their spike in the boom has turned to a genuine bust with prices of a big fat zero (plus sundries) being transacted.
The marketplace itself has suffered some significant problems with counterparty risks against this highly volatile background. Here, I discuss the options going forward for freight trading...
As the world looks to the concepts of Keyens with everything, I couldn't help but wonder...
In hommage to the passing of Conor Cruise O'Brien, it seemed only fair to append his infamous description of a remarkable government event to a podcast discussing the markets and "personalities" such as Mr. Madoff and their GUBU acts...