This Week: What is going on?

Is it weird that Euronext bought Substantive? It’s weird, right? Plus WFIC, tick sizes, Microsoft and BlackRock want more datacenters for some reason, and, of course, AI. What does it all mean?

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Hopefully you enjoyed last week’s edition of this post, titled “Why can’t we be friends?” by Tony Malakian. If you didn’t, all I can say is “skill issue.” Look it up.

At the top of the hour, I want to focus on this week’s talk of the town—that town being Austin, Texas. On the ground in the deep South for this year’s World Financial Information Conference was our very own Nyela Graham, who tells me she noticed stunned reactions among her peers to a certain announcement Tuesday morning rivaling

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Why can’t we be friends?

The ABA vs most every regulator. LSEG vs BBG. AI vs SaaS. Buy vs build. Lots of drama in the capital markets.

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