EI Weekend 3609 Sunday Supplement
On this day in 2016, CME Group Executive Chairman & President Terry Duffy appeared before the U.S. House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy & Credit to testify about the G-20 Clearing & Trading Execution Requirements.
Exchange Invest is now a seven-day publishing platform.
The free Weekend editions take a broader macro view, while the weekday issues remain the essential subscriber intelligence service for the global business of bourses and market structure.
YESTERDAY
Yesterday, we looked into the most expensive white wines ever sold.
SPONSORED BY:
IN BIGWORLD
EV news 1, Huawei is preparing to launch a new Chinese EV model (Aito M9), which can project a movie from its headlights, thus resurrecting the concept of ‘drive in cinema’ in a very single car fashion for the 21st century.
Meanwhile, CATL (Contemporary Amperex Technology Ltd) is the world’s largest electric vehicle (EV) battery producer, with more than 40% of the world’s battery market.
At a recent event in Beijing, CATL announced quite the breakthrough, their third-generation Shenxing battery takes six minutes and 27 seconds to charge from 10 per cent to 98 per cent. Previously, the fastest for recharging was BYD’s second-generation Blade battery, which takes nine minutes to charge from 10 per cent to 90 per cent.
At these speeds, the whole recharging business is suddenly hyper competitive with the time it takes to fill a fuel tank.
AFM Trends Day
In Taipei for the AFM Conference, we’re excited to announce the official launch of AFM Malta Trends Day — watch the launch here.
As AFM members, we agreed last year to expand the recent Tech Days into a broader format. Thus AFM Trends Day launches this November in the magnificent historic city of Valletta, Malta.
A key theme is simple: how do emerging markets, emerge?
Malta is the proof point. In 1970, Malta’s GDP per capita was around $828. Today, World Bank data puts it at $43,899 — higher than South Korea and a whisker behind France ($46,103). That is not merely growth. A small jurisdiction has become a high-income European economy and a serious international platform where in the post war era it was a net exporter of human capital to Australia, the UK and elsewhere.
Malta is the proof point. In 1970, Malta’s GDP per capita was around $828. Today, World Bank data puts it at $43,899 — higher than South Korea and a whisker behind France ($46,103). That is not merely growth. A small jurisdiction has become a high-income European economy and a serious international platform where in the post war era it was a net exporter of human capital to Australia, the UK and elsewhere.
That is why AFM Trends Day will focus on the trends that matter: market structure, clearing resilience, technology, digital assets, sustainability-linked products and the practical choices that build credible markets.
See you in Valletta November 12–13… registration now open.
FINANCE BOOK OF THE WEEK
“Adventures on the Wine Route” by Kermit Lynch brings us to a singular tour along the French wine route, Lynch ventures forth to find the very essence of the wine world.
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.
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.
If you enjoy our multimedia, then please Like / Subscribe to our video channel: IPO-VID In Patrick’s Opinion.