Funny things cycles. Even odder thing, the weird way cycles impact the world of finance and indeed the parish of exchanges. Way back when, I spent more than a few months being roundly abused by the middle management (sometimes even those apparently in charge) of various market entities, for having the temerity to endorse, well the vaguest vestiges of what we now take for granted as the digital world. Of course, in the land of the blind being vindicated is usually only one single sided blink away and sure enough... Leaf through a tome from the period, say “Capital Market Revolution!” of 1999 & you soon find a tome nowadays making clear sense that the younger generation can’t see what the analogue anybody made a fuss about.
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