In Today’s Exchange Invest
The Flash Boys expand in a new direction while Jignesh Shah’s technology arm is being replaced at MSEI (aka the former MCX-SX), and there’s more…
The Inaugural CEE CMU summit will kick off the day of the 2nd CEE Capital Markets Awards September 15th in Warsaw. CMU summit features top line speakers from EBRD, European Issuers and, from this parish leading figures from Vienna, Zagreb, Sofia et al with me chairing the CMU stream. Email me or follow this link HERE to sign up.
Gosh so much of BigWorld to see on my travels – exciting times…and apologies again if I haven’t got back to your email!
CME Group Recognized As CCP in Mexico
PR Newswire (press release)
PLY: CME also gained recognition for OTC CCP in HKD last week.
Exclusive: ‘Flash Boys’ Protagonists Aiming New Exchange At Gold
PLY: TradeWind markets which raised $9 million earlier this year, is alive, kicking and looking at Gold. That can’t be good news for the already under pressure LBMA while WGC and LME also have a venture centred on London in the precious metal. Very interesting, even a bit of Blockchain thrown in for good measure..
David Mercer, CEO of LMAX Exchange expresses his rather legitimate concerns.
The Chicago Stock Exchange (CSX) has asked SEC for a different version of IEX’s speed bump
Special Section: FTI, NSEL, India at the Crossroads
PLY: MCX flat, FTIL up 1%, albeit the loss of MSEI as a client must come as a shock to the tech vendor…
Sky High Cost Drives MSEI To End Pact With 63 Moons
Daily News & Analysis
PLY: A blow to FTIL albeit tricky for MSEI to get out of the 99 year lease (yes, you read that right). Read the story, MSEI spending about $3 million a year on tech, seeks to reduce that to about $1,75-2 million approximately). Nevertheless this is a body blow to FTIL albeit hardly a surprising one in some respects as it always seemed their offering was not just fully priced but also subject to what some may have viewed as remarkable conditions.
ASX Extends Depository Services To Renminbi-Denominated Securities
CBOE Vest Launches CBOE Vest S&P 500 Buffer Protect Strategy Fund (BUIGX) – Fund Designed To Track The CBOE S&P 500 Buffer Protect Index Balanced Series (SPRO)
Former EUREX head of innovation Brendan Bradley has joined the advisory board of Rise Financial Technologies.
PLY: Replacement for the retiring COO Mike Gibson.
Autonomous Research Names Global Head Of Fintech Strategy
Equity Crowdfunding Comes Of Age: Seedrs Announces First-Ever Portfolio Results, With An Overall 14.44% IRR (Annualised Rate Of Return)