Brace yourselves for some exciting timings for Exchange Invest this week. As you doubtless know while various people have helped out with production over time, only I furnish the insights and pith under my “PLY” moniker. To that end, the pith may flow at different hours this week as I’m in Brazil where I am the opening keynote speaker Monday at the World CoOperative Management Conference in Belo Horizonte. It promises to be a fascinating conference. I am discussing the changing world of finance & fintech and how this impacts business and of course, particularly, cooperatives.
In Today’s Exchange Invest
Kerviel gets perhaps the broadest spread in even investment bank history (if this were a market the court could be done for an MADMAR violation) while there are lots of ramifications in all manner of recent stories and various interesting nuggets, especially on CCPs. Go on have a scroll…
In BigWorld
Meanwhile in Bigworld, the brilliant David Harding, has just published another missive on the UK “Brexit” from the EU: The UK’s Liberation from the EU demands a global Financial Investment Zone.
Public Markets
LSE’s Rolet Says 100000 Jobs at Risk If Clearing Leaves London
Bloomberg
Spouting Nonsense – LSE Boss Rolet Says 100000 Clearing Jobs At Risk From Brexit
Forbes
PLY: The man selling London’s largest clearing house to Germany frets about clearing jobs leaving the City.
What A Bats Global Sale To Chicago Outfit Might Mean for KC
Kansas City Business Journal (blog)
Who is CBOE, The Potential Suitor For Bats Global?
Kansas City Business Journal
CBOE and Bats Global Markets: A Q&A
Financial Times
Bats Exchange Deal Would Bring CBOE Instant Diversity
Reuters UK
Kerviel Bill Cut to $1 Million From $5.5 Billion by Judges
Bloomberg
The LSE-Deutsche Boerse-Curve dilemma
FOW magazine
Swiss, German Share Trade Settlement Houses Team Up To Cut Costs
Reuters
PLY: ‘Deja vu one more time’ for the Swiss and German exchanges?
Sebi Act Safeguards Interest Of Employees: Chairman
Economic Times
Exchanges Defeat US HFT Appeal
Reuters
Incomplete Stock Exchange Demutualisation Criticised
Dhaka Tribune
Thomson Reuters Intends to Purchase up to 6.5 Million Shares Through Private Agreements
Montreal Gazette
Sebi Allows FPIs To Directly Trade In Corporate Bonds
The Indian Express
CME Shifts Clearinghouse Access As New Rules Reshape Derivatives
Bloomberg
Warsaw-Stock-Exchange-cautious-yet-optimistic;-may-look-for-acquisitions, Przegląd prasy
BiznesPolska.pl
Foreign Investment: Need For Simplification
Financial Express Bangladesh
BSX To Extend Trading Hours
Royal Gazette
BSE Wants To Be ‘investment Exchange’ Of Country: Chauhan
Business Standard
Policy Mandate, Enabling Laws Way To Grow Commodities Exports’
Leadership Newspapers
Jute Bourse Sniffs Scope
Calcutta Telegraph
PLY: The East Indian Jute & Hessian Exchange, once a player seeks to regain ground lost to more technologically savvy players such as MCX and NCDX.
Special Section: FTI, NSEL, India at the Crossroads
ED Arrests Ludhiana Trader In NSEL Scam
Times of India
Technology
Deutsche Boerse To Set IT infrastructure For BSE International Exchange in GIFT City
Business Standard
WFE Publishes Cyber Resilience Principles
Finextra
The Looming War For Blockchain Patents
CoinDesk
Products
CME Europe Plans Second Wave Of FX Futures
FOW magazine
ME Relaxes Gasoline Delivery Rules For New Jersey Amid Shortage
Bloomberg
SGX To Launch More LNG Derivative Products in Q2 2017
AsiaOne
Career Paths
Account Manager Jobs From Cleartrade Exchange Pte Ltd (CLTX) – eFinancialCareers
Former FSC Vice Chairman Chung Likely To Head Korea Exchange
pulse
Labor Union Opposes KRX Chief Nominee
Korea Times
Crowdfunding
Are Online Funding Platforms For Startups Breaking The Law?
Livemint
Other Stories
Mahathir Denies He Was ‘No Better’ As PM
Free Malaysia Today
He cited the international tin market as one disastrous outing. The London Metal Exchange accused Malaysia of trying to corner the market…
EU Escalates Standoff With U.S. On Global Bank Capital Rules
Bloomberg
Now in a slightly jet lagged stupor I am off to snooze before the morning’s Keynote!