Slide 1

Humour

MondoVisione

Date 01/04/2016

A London-based consortium comprising hedge fund investors, former exchange executives and fintech entrepreneurs have funded the development of a new platform that they say will democratise trading and create a more level playing field.

The new platform which is based around a secure distributed ledger for banks, financial institutions and global enterprises aims to establish a fairer and more transparent way of trading.

The new platform, currently in a pilot program with a Top-10 bank based within the square mile, is seen as an antidote to the High Frequency Trading (HFT) arms race.

It remains to be seen whether Long Wavelength Trading (LWT) inherent in the pilot platform will find favour with regulators who have since the “Flash Crash” been examining the contentious issues in securities markets, the role of high-frequency trading and its implications for market integrity.

Professor Michael Mainelli, Executive Chairman of Z/Yen Group commenting on the pilot said “Long Wavelength Trading on Blockchain is fantastically slow. Speeds have come down from milliseconds to days, resulting in virtually zero volatility.”


Read the article at mondonvisione.com

Z/Yen people love making films, we just don't get enough time or money to do so.  However, when we do get a chance we think we do a good job.  Here are some of our productions:

2017

Linear Talk: Smart Contracts - FromTechno - Utopia To Reality


2016

Linear Talk: What Is A Mutual Distributed Ledger And Why Is It Important


Sharing Ledgers For Sharing Economies: A Boring Introduction To Mutual Distributed Ledgers - celebrated the completion of our InterChainZ project:


(video script)

2013

Harry Long was a pilot series of four short films to help teach children about finance - http://archive.longfinance.net/programmes/the-eternal-coin.html

Meet Harry


Noel's Funny Money


Fall of the Harry House (Part I)
- Dad Had His Chips Published


Fall of the Harry House (Part II)
- Phoenix Chips


2011

Pan Asia Gold Exchange is the odd one out, we got paid to be directors and producers!


2010

Ultrahedge was our 31 March 2010 (hint) production of the apocalyptic impact of quantum finance:

In the wake of recent ethical scandals, many of which originated in Texas, the State Bar of Texas has taken the matter seriously enough to introduce a new question to its qualifying examination:

“As a new partner in a firm, you have just sent an invoice for $100,000 to a client when you suddenly realise that, according to the time expended, it should only have been a bill of $50,000. Do you:

  1. call the client, apologise and re-issue an invoice for the proper amount?
  2. apply the balance of $50,000 to your client’s account for future work which he or she shall no doubt need?
  3. spend the $50,000 on entertaining the client in anticipation of garnering even more future work?
  4. share the problem with your fellow partners?
  5. save your fellow partners the problem and pocket the difference?
  6. think on the problem for the requisite number of hours, noticeably on weekends, whereby $50,000 will, by the magic of hourly rates accrual (ask a Texas accountant), disappear, while your utilisation, through the magic of billable hours, will augment as your golf handicap diminishes?

Which of the above is the wrong answer?”

Fair fa' your honest, Z/Yen face,
Great chieftain o' the think-tank race!
Aboon them a' ye tak your place,
Alongside Andrew's;
Weel are ye wordy o'a grace
Wi thrumpit agnews

The groaning Long Finance ye fill,
Your hurdies like yon John Stuart Mill,
Your pin wad help to jump a Cliff
In time o'need,
As yon Obama needs yon Geithner
In time o'nightmare

His knife see rustic Labour dight,
Wee Milliboy saw nae but slight
An' missed the point o whit oh whit
His brither ditched
And then, O what a glorious sight,
Warm-reekin', rich!

Then, horn for horn, they stretch an' strive:
Deil tak the hindmost! on they drive,
Till a' their weel-swall'd kytes belyve
Are bent like drums;
Then auld Salm-ond, maist like to rive,
Bethankit! hums.

Is there that owre his French ragout
Or olio that wad staw a sow,
Or fricassee wad make her spew
Wi' perfect sconner,
Looks down wi' sneering, scornfu' ravin
On sic a Ratin?

Poor Bruegel! see him owre his trash,
As feckles as wither'd rash,
His spindle shank, a guid whip-lash;
His nieve a nit;
Thro' blody flood or field to dash,
O how unfit!

But mark the Z/Yen-fed,
The trembling earth resounds his tread.
Clap in his walie nieve a blade,
He'll mak it whissle;
An' legs an' arms, an' hands will sned,
Like taps o' trissle.

Ye Pow'rs, wha mak mankind your care,
And dish them out their bill o' fare,
Auld Z/Yen wants nae skinking ware
That jaups in luggies;
But, if ye wish her gratefu' prayer
Gie him a haggis!

By George Littlejohn, 25 January 2013