CEOs Special #2?: EI Weekend?3116

CEOs Special #2?: EI Weekend?3116

Non-superhero CEOs transforming tradition in a 3 act play while remaining curious but in some cases can be remote.

For more on our CEO special, EI 2997.

Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.

Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.

On this day in 2002, BSE India launched Single Stock Futures.

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MACRO THOUGHTS

Ranked: Which Countries Are Becoming Wealthier? (2010-2023)

Visual Capitalist

IPO-VID LIVESTREAM: NEXT?TUESDAY!

“Mellow Your Money”

Guest: Mick Heyman

November 12th, 2024

1700 UK, 1800 CET, 1200 EST

Mick Heyman, CFA, is the author of “Mellow Your Money: How to Surf the Market and Build Wealth without Stressing Yourself Out” and the Founder of Heyman Investment Counseling. With a distinguished 40-year career in wealth management, Mick has built a reputation for helping individuals and institutions grow and preserve their wealth through a stress-free approach to investing.

Tune in on:

LinkedIn | Youtube | Facebook

IN BIGWORLD

From Exchange Invest 3111: November 4th:

Some fun stats to ponder in the wake of last week’s UK budget:

  • Britain’s top 100,000 taxpayers (0.3% of all taxpayers) paid 24% of all income and capital gains tax in 2021/22 with an average bill of £559,000 each (call it a million bucks)
  • The top 100 taxpayers paid an average of £46m each in income and capital gains tax.
  • The top 1000 taxpayers paid a collective £11.5bn in taxes.

PLY: Market Movers On Fintech?TV

Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.

EXCHANGE INVEST WEEKLY?PODCAST

CME FCM Approved?

Aquis - CBOE to bid for EU Consolidated Tape

JPX Arrowhead Goes Live

The ICE Age Continues

And there’s a New MCX CEO

The Exchange Invest Weekly Podcast 270

BITCARNAGE

Fumbling The Obvious?

A lot of folks are wildly stressed and indeed the big “buy government 2024” crypto election campaign has a lot of cash riding on continued crypto wonderment to come but in the end, on a wildly busy results day, we thought COIN had good numbers because - y’know - +78.8% total revenue and a lurch from loss to profit… However it seems that was hugely disappointing and thus COIN stock promptly lost 15.34% Friday 1st when the results were published.

Wall Street Views Coinbase Through An Election Lens And Soft Pedals Weak Earnings

CNBC

Coinbase Stock Plummets In Largest Single-Day Drop In Two Years After Earnings Miss

Yahoo Finance

Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts

CoinDesk

It raises an interesting bigger picture which DL News have highlighted: Coinbase Just Flashed A Warning Sign About The Crypto Market… Elsewhere more fundamentalist voices note “Coinbase is fumbling the obvious — stop buying back shares and start stacking sats already!” (Coinbase Is Embarrassing Itself By Not Buying Bitcoin - Bitcoin Magazine).

If you enjoyed this excerpt you may be interested to know that you can read Bitcarnage every day in Exchange Invest.

Alternatively, if you want to follow Bitcarnage - the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.?

OF INTEREST

As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!

CEOs Are Not Superheroes And They Don't Need To Be, Says Expert

Silicon Republic

Transforming Tradition: A CEO's Guide To Successfully Rebranding In Today's Market

Forbes

The CEO's Journey Is A 3-Act Play

Harvard Business Review

The Most Successful CEO's Are Curious

Turner Change Management YouTube

Remote Work Is Becoming Less Available (If You're Not A CEO)

Axios

Books worth reading:

FINANCE BOOK OF THE?WEE

Drawing on fifteen years of original research, Nobel laureate Daron Acemoglu and James Robinson conclusively show in “Why Nations Fail: The Origins of Power, Prosperity, and Poverty” that it is our man-made political and economic institutions that underlie economic success (or the lack of it).

Get the book here

*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.

Suggestions welcome if you would like to nominate a book for us to cover!

Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.

& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest?—?via Exchange Invest.com?—?it’s only $499 per annum to join “The Exchange of Information.

CAPITAL MARKET REVOLUTION

First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp

This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!

Get the book here.

*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.

IPO-VID LIVESTREAM: NOW?ONLINE!

“US Retail Equities Trading In Focus”

Guest: Khody Azmoon

November 5th, 2024

1600 UK, 1700 CET, 1200 EST

Khody Azmoon is CEO and co-founder of BLOX Markets, building a retail focused trading venue bridging the gap between retail and institutional investors. Based in New York, Khody has over 15 years of experience in sell-side electronic trading.

Watch the stream on:

LinkedIn | Youtube | Facebook

IPO-VID LIVESTREAM PODCAST

Ever wondered how credit rating securities can transform risk management? We’re thrilled to welcome North American capital markets expert Patrick Wood, CEO & President of DelphX Capital Markets (DELX-TSXv), to discuss the game-changing advancements reshaping credit market dynamics.

In this episode, Patrick dives into how DelphX’s innovative approach aims to empower credit markets, manage volatility, and redefine fixed-income solutions.

Tune in to explore the future of finance!

EI Website | Spotify | Apple Podcast | Anchor

LAST WORD

…If you want to stay abreast of the world of exchanges then please Subscribe to our Daily Newsletter?—?free 7-day trial.

Or Subscribe to our Weekend Edition?—?it’s free.

You can also check out the “Reflections From Young’s Pyramid”, it illustrates the relative value of exchanges around the world.

Or the “ICE Cost of Borrowing 2020–2022” An Interest Rate Comparison, which illustrates the end of the funny money era of QE and how interest rates have already had a major lurch up from their previous region of zero to, even negative, levels.

At the least can you like this article, or leave us a comment, we welcome your feedback.

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