I. Financial Metaverse : tokens, derivatives and other synthetic assets
Note 1 : Jaron Lanier, DIGITAL MAOISM: The Hazards of the New Online Collectivism, Edge.org, 2006
Note 2 : Jaron Lanier, DIGITAL MAOISM: The Hazards of the New Online Collectivism, Edge.org, 2006
Note 3 : Cade Metz, Why WhatsApp Only Needs 50 Engineers for Its 900M Users, Wired, 15th Sep 2015
Note 4 : Greg Milner, Death by GPS, Ars Technica, 3rd May 2016
II. Market Finance
Note 5 : MacLeod & Rubenstein, Universals, the Internet Encyclopaedia of Philosophy, 2006
Note 6 : 1884 case Irvin v. Willar
Note 7 : C. D’Anastasio, Gaming Giant Unity Wants to Digitally Clone the World, Wired, 18th Jan 2022
Note 9 : ISDA Status of Netting Legislation
III. Synthetic assets play a standardisation role
Note 14 : NATO definition of Standardization
Note 17 : Sylvera response to The Guardian’s Analysis of Rainforest Offsets
Note 18 : C. Hodgson, Companies used carbon credits created in oil extraction projects, FT, 17th Apr 2022
Note 19 : Heidi Blake, The great cash-for-carbon hustle, The New-Yorker, October 2023
Note 21 : ISDA Status of Netting Legislation
IV. The economics of financial infrastructure 91
Note 23 : Rocket Motors for First NASA Artemis Moon Mission Arrive at Spaceport
Note 24 : The NASA Railroad
Note 25 : The ISDA Credit derivatives determination committees
V. The motivations of synthetic assets
Note 27 : Matt Levine, Orphan CDS, Bloomberg Money Stuff, 01/05/2018
Note 28 : the McClatchy 8-K form
Note 31 : The Essex Boys : How Nine Traders Hit a Gusher With Negative Oil, Bloomberg, 10/12/2020
Note 34 : MISH INTERNATIONAL MONETARY INC versus VEGA CAPITAL
Note 35 : The economist explains what is crude oil
Note 37 : D. Sheppard and A. Raval, Fight to keep oil’s Brent benchmark fit for purpose
Note 38 : Brent Benchmark Complex: Evolving necessity
Note 39 : D. Sheppard and A. Raval, Fight to keep oil’s Brent benchmark fit for purpose
Note 40 : The Oxford Institute for energy studies, The Future of the Brent Oil Benchmark : A Radical Makeover
Note 41 : Matt Levine, 8 May 2020, Bloomberg Money Stuff
Note 42 : Matt Levine, There is nowhere to put the oil, Bloomberg Money Stuff, 20/04/2020
Note 44 : Jack Farchy, The 18 Minutes of Trading Chaos That Broke the Nickel Market, Bloomberg, 14/03/2022
Note 48 : Nickel Metal Profile
Note 50 : Jack Farchy, The 18 Minutes of Trading Chaos That Broke the Nickel Market, Bloomberg, 14/03/2022
Note 52 : Andy Home, Column-Nickel, the devil’s metal with a history of bad behaviour, Reuters, 10/03/2022
Note 56 : Andy Home, Column-Nickel, the devil’s metal with a history of bad behaviour, Reuters, 10/03/2022
Note 57 : Eramet no longer sees LME as benchmark for ferronickel
Note 60 : Mourselas Costas, March 2022, Wrong-way add-on helped LCH mop up VTB default, Risk Magazine
VI. Convention for valuation
Note 59 : Financial singularity: is it a mirage?
Note 60 : “It is official : Passive Funds Overtake Active Funds”, Morningstar.com, 17 Jan 2024
Note 61 : Crise financière et crise sanitaire : deux cas de panique épistémique
Conclusion
Note 63 : Chancellor: Beware the hyperreal financial market