Latest / Exchange Invest / 368 Exchange Invest Weekly Podcast October 24th, 2026

Transcript

368 Exchange Invest Weekly Podcast October 24th, 2026 · Exchange Invest

• 0:01
  Speaker A: This week in the parish of bourses and market structure. Where's the beef? Lseg data bulk nasdaq levels up. Excellent. Ibkr and tungsten my name is patrick l. Young. Welcome to the bourse business weekly digest. It's the exchange invest weekly podcast, episode 368.
• 0:32
  Speaker B: Foreign.
• 0:41
  Speaker A: Good day ladies and gentlemen. This is a very brief reduction of highlights amongst the key headlines from the week in Market Structure. All the analysis of the many events and happenings from the past seven days can be found in Exchange Invest Daily subscriber Newsletter the unique guide to the Boris business sent daily to your inbox. More details@exchanginvest.org over in Bitcarnage, no sign of a retro deal. Bad news for the Winklev as the courts say the brothers and their Gemini can't settle what has been settled already by the ancien regime of Joe Brezhnev pre the Trump crypto glasnost. If you enjoyed this excerpt, you may be interested to know you can read Bit Carnage every day in Exchange Invest. Alternatively, if you want to follow Bitcarnage, the daily update on happenings is in the world of crypto and digital assets, you can find Bitcornage as a standalone on Substack.
• 1:33
  Speaker B: Thanks for listening to Exchange Invest Weekly. We welcome your feedback. You can contact me directly patrickrivativesvision.com with any comments. Meanwhile, if you enjoyed this show we would welcome you giving us a thumbs up. Or if you have time, a positive review will always be welcome wherever you find this podcast.
• 1:53
  Speaker A: Over in the mainstream world of exchanges, the ice machine is in the perfect place to steer CATT features to a new home from the underbelly of Chicago's largest markets. Will it prove to be a new stampede in product management? Looking to that movement, STK stake is also coming soon alongside Cow, MOO and SAO futures. Anyone who spotted the lean mean Ice management team clearly can be in no doubt they consume a lot of protein. Now the world's best managed broad portfolio of exchange traded assets are taking their client centric hyper focus and going after what has long been a traditional Chicago heartland trading places in the meat markets Coming soon. For the markets as a whole, it may seem like a tiny thing, but the net net is simple. ICE has clearly spotted dispirited clients seeking an alternative. Various perp obsessed analysts may not get it, but readers, you can see the big picture as you can indeed too listeners over at lseg. They want to buy another data firm. It's already embarrassing that Britain's traditional leading stock exchanges has seen its lifts. Negotiation discussed in public before a deal has been concluded. Level Up Roland Chai's new digital liquidity networks organization within Nasdaq has completed its first acquisition buying the Level platform. Meanwhile, IBKR kicked off the Parish earnings season with a roar, another excellent quarter, seeing net revenues up 16% and indeed the quarterly dividend almost doubling during the course of the quarter, with adjusted earnings per share up 17.5%. Meanwhile, CME tried to party poop on a very successful 2026 LME Metals Week with a new tungsten futures announcement. Back at the nse, they and SEBOE have announced new opening hours this week for their options, slightly extending the trading day. The new ASX CEO is vying to fight harder to win large floats after a problem with a company called Firmus which didn't make it to markets largely as a result of private equity being somewhat more voracious than the public markets were willing to price at. At the same time, ASX continues to show signs of life under new CEO Anthony Attia. The problem is the fetid hangover from past Legions of incompetence continue to haunt the once excellent antipodean market struct London Soak Exchange and NSE ix. That's the gift. IFSC based NSE International Variant agreed a Memorandum of understanding to strengthen strategic collaboration and Hong Kong exchanges have set a roadmap for the T1 transition in the securities market to the second half of 2028. Results Season is in full flow. Catch up next week with all the latest numbers on top of those IBKR numbers we just reported moments ago. In new markets, Multi Commodity Exchange established a new subsidiary, the MCX Mineral Exchange, effective from October 16th. At the same time as the Indian government is inviting views on the coal exchange boom. Obviously India and Net Zero are clearly not happening as things are moving in say European Union. The SECP chief that's in Pakistan, he's also proposed establishing a national agricultural spot market. If you fancy some financial insights with moving pictures, check out our livestream Tuesdays 5 o' clock London time. The new shows are dropping every fortnight. 12 o' clock midday New York time the IPO video show IPO vid catch the back episodes on LinkedIn and YouTube via IPO vid. Now online we have episode number 212 the future of market infrastructure, tokenization and 247 markets with a series of all star guests from Vermiculous Nils, Robert Persson, Tarana Dariati, Henrik RUY Leduc and Chris Durragedenis also of course. Don't forget we've started a Sunday supplement. You can now catch our weekend editions. This week we're going to be Talking about the 40th anniversary of the Big Bang and those are entirely free. Sign up@exchangeinvest.com and at the same time, don't forget to sign up for your free subscription trial to the mainstream water cooler of the Boris Business Exchange Invest Our finance book of the week is the Death of Gentlemanly Capitalism by Philip Augur. Appropriately enough for an 40th anniversary of the Big Bang itself, as Augur charted the transformation of British investment banking from its old partnership culture into a fiercely competitive international industry. Meanwhile, in product news, the CME Group have expanded their dairy business with new European features and options. Vietnam is planning index options for next year after a FTSE upgrade. Hong Kong exchanges are going to accept government bonds as non cash collateral from November 2nd. Another fascinating step forward towards the RMB yield curve being fully tradable in the SAR in technology. The DACA Stock Exchange's first day of backup data center trading was disrupted by a software glitch contrasting with the excellent debut of the gpw, the Warsaw Stock Exchange's Watts system. Recently Exchange Data International they're introducing the global economic calendar and BVB in Bucharest announced that the cyber attack on the Central Depository did not affect trading or the stock exchanges systems over in career paths. Hearty congratulations to Brandi Bushnell of CME on her elevation to Senior Director Corporate Communications. EMEA and Nodal Exchange has announced an executive leadership transition. Farewell to another long standing EEX exec. Shortly after the dynamic EEX CEO Peter Wright stood down comes the announcement. Paul Cosenzo will retire on March 15, 2027 after almost 20 years as CEO of Nodal Exchange. Cusenza will remain chair of the boards of both Nodal Exchange and Nodal Clear. Dimitri Carus, currently CEO of Nodal Clear and President and CEO of Nodal Exchange, will succeed Cosenza as the Nodal Exchange CEO on March 16, 2027. And that leaves us, ladies and gentlemen, with a very exciting week in Big World where Adolf Hitler's order was willfully ignored by General von Choltitz as the Nazis crumbled. It appears that since the 1960s the French have been eager to fulfill Adolf's desire. Is Paris Burning the 1966 movie depicting the 1940 liberation may yet be due for a remake in 2026 as President Macron maintains his performative Ukrainian support while he cowers under a desk somewhere amidst the Fifth Republic and it has left him somewhat of a passenger even as he remains in office. Or as John Holtzman memorably remarked recently, I had no regard for President Macron and somehow it has gone lower with uber left wing Jean Luc Melancholy La France Insomise seeking to ensure a second round runoff place behind the current leader for the presidency, Marine Le Pen. The sheer economic illiteracy of the leading candidates affects not only France, but Europe as a whole. How can the EU be viable under President Le Pen, let alone the other ramifications of the upcoming electoral cycle? And on that bombshell, ladies and gentlemen, on that mysterious and magnificent note, thank you for listening to this EI weekly podcast number 368. Join us daily via exchangeinvest.com or if you have a new marketplace you would like built, get in touch. My name is Patrick El Young and I wish you a great week in Life and markets.
• 9:52
  Speaker B: This show relates to the business of bourses. It is not to be construed as investment advice nor are we making any investment recommendations. Please consult an investment advisor before you make any investments. And for goodness sake, do your due diligence and do not make investments without complying with the regulations in your home state. Exchange Invest cannot be held responsible for any investment decisions made as a result of our program, which is for entertainment purposes only. The material herein is copyright Patrick L. Young at the data publication, while our music and sound effects are sourced from copyright free sources. Thanks for listening to Exchange Invest Weekly. The exchange of information.