MARCH 17 2017
Issue 955 corresponds with the, type number allocated retrospectively to the Porsche Cayenne which is a leather trimmed tractor adhering to the “Chelsea tractor” fad, unlike earlier more agriculturally purposed Porsche tractor designs. Occasionally the preserve of whole families but more frequently a small cabal of eastern European gangsters who have deemed the Mercedes G Wagen just too angular. Cheer up, on Monday we’re back to really proper stuff, not Chelsea tractors for the blingsters who can’t drive proper sports cars…
In Today’s Exchange Invest
Again it’s arguably last call for last look while SGX looks eager to double down on unaccountable, undemocratic stock offerings. KCG confirms Virtu bid approach…
And there’s more, happy scrolling:
It’s St Me’s day today which means the whole world tries to be a bit Irish, develops a fetish for green akin to a 6 year old girl’s orientation to pink and, rather unlike most 6 year old girls, endeavour to drink their body weight in Ireland’s rich treasury of fermented beverages. Meanwhile lots of waterways and suchlike are turned green without pausing to consider the ecological consequences. This is of course fascinating, as Guinness stout comes from the London derived porter dark beers and St Patrick himself was almost certainly Welsh while the celebrations have their epicentre in the USA (the political classes all leave Ireland to lunch at the White House)…leaving me to wonder was there ever a time before globalisation? (At which point Guinness Nigeria announces it may launch an IPO… No, seriously: Guinness Nigeria Seeks NSE’s Approval For Share Sale To Improve Financial Flexibility).
Anyway, Happy St Me’s Day to one and all!
Hong Kong Regulator Makes The Right Noises On IPOs
Nasdaq Technology Powers New Ad Exchange For Guaranteed Contracts
PLY: NYIAX is cool. It has a genuine exchange concept and purpose. It may be a bit ‘off the run’ for those used to superliquidity but that’s the 1% of markets. This is a pure platform for negotiating and in future re-trading rights to advertising with coherent contractual obligations. In other words, NYIAX looks like the first genuinely structured ad exchange which the parish can watch with interest as it develops.
Clearing Heads Wary Of Regulatory Uncertainty
Chuck Mackie’s Boca Bits Day One…
& Day Two
Message to Cameron: Dont Be Vague, Speak Like Hague
PLY: ICE Futures Europe Chairman Lord Hague is an excellent orator and apparently outpointed the former British Prime Minister David Cameron at FIA Boca.
KCG Board Of Directors Confirms Receipt Of Unsolicited Acquisition Proposal From Virtu Financial
PSX Starts Settling Default Claims
The News International
Registration Of The Amman Stock Exchange Company
PLY: Amman bourse is now a private company with government as shareholder.
Special Section: FTI, NSEL, India at the Crossroads
NSEL Case: ED Attaches Assets Worth Rs 414.62 Cr
PLY: Please collect.
Bloq Launches BloqLabs To Connect Enterprises With Open Source Blockchain Innovations
Tokyo Stock Exchange, Osaka Exchange, Japan Securities Clearing Corporation: Participants In Proof Of Concept Testing For Utilization Of Blockchain/Distributed Ledger Technology In Capital Market Infrastructure
Tradingscreen Launches Turn-Key SI / OTF , Fully-Integrated, Mifid Ii-Compliant Trading & Matching Engine
PLY: TradingScreen have been marketing a market solution for a while, this is clearly an updated version with a core aim at systematic internalisation et al.
Currency Traders Race to Reform ‘Last Look’ After Bank Scandals
PLY: In other news, the Anglican church is alleged to have found common ground with diabolists. No reform, just kill this tawdry practice as it risks being the next LIBOR scandal. Oh speaking of Anglicanism, will the (rather notoriously ruthless) Church Commissioners like this:
eVALUEator Biblically Responsible Index Launched
S-Network Global Indexes
Russia To Open Renminbi Clearing House This Month Before Bond Sale
Ukraine’s Gas Market Rewards Balance The Risks
Natural Gas World
Low Vix Got You Down? These Fear Gauges May Do The Trick
EEX Launches Swiss Day Futures With First Trades
FIA Inducts 14 Individuals Into FIA Futures Hall Of Fame
PLY: Plaudits to one and all, particularly Hugo Jenkins for his consistent endeavours via the FOA and latterly FIA during a long sting with the organisations.
Index Derivatives Expert Sean Smith Joins FTSE Russell:
PLY: Delighted to see Sean get a new post with FTSE Russell in Chicago albeit just as last week there appeared to be a remarkable rush of female appointments publicised on International Women’s Day, is it purely coincidence that Sean Smith gets his new post announced on St. Patrick’s Day?
SEBI Taking A Fresh Look At Crowdfunding Norms
Crowdfunding : Feasible In Hungary?
Budapest Business Journal
Culture In Financial Institutions: It’s Everywhere And Nowhere – Speech By Andrew Bailey, Chief Executive Of The FCA, At The HKMA Annual Conference For Independent Non-Executive Directors
Binary Options Follow-Up Schemes: Don’t Lose Money Twice – Recovery Scams And IRS Impersonation Scams Are Common Cons
Right back to the interesting events of the Business Transfer Conference under the EU Presidency here in sunny Valetta, Malta.
Many thanks for reading Exchange Invest, have a great weekend.
Patrick L Young
Executive Director DV Advisors