Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
myFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
    Most Read
    • EU turns to US in scramble for Oxford/AstraZeneca vaccine
    • Biden on brink of passing historic $1.9tn boost to US economy
    • Joe Biden enlists ‘Quad’ allies to counter China
    • Senate approves Joe Biden’s $1.9tn stimulus legislation
    • Mario Draghi makes his mark with vaccine embargo
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • EU turns to US in scramble for Oxford/AstraZeneca vaccine
    • Biden on brink of passing historic $1.9tn boost to US economy
    • Joe Biden enlists ‘Quad’ allies to counter China
    • Airlines redraw routes to match shifting passenger demand
    • Senate approves Joe Biden’s $1.9tn stimulus legislation
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Airlines redraw routes to match shifting passenger demand
    • Value investor John Rogers sees an end to Big Tech’s stock market dominance
    • Greensill implosion exposes risks of shadow banking
    • Aston Martin promises to make electric models in UK
    • Branson asks UK court to rule on value of Virgin brand
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • The unravelling of Lex Greensill: a mix of bravado and financial alchemy
    • Fears rise among bond investors as Buffett warns on outlook
    • Will the ECB intensify efforts to keep a lid on bond yields?
    • Emerging markets suffer first outflows since October on rate jump
    • UK investors and companies call for markets reform
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Do young people really need the office?
    • Greensill implosion exposes risks of shadow banking
    • Rishi Sunak takes an axe to Thatcher’s low-tax ideology
    • Wishful thinking on China will not serve American interests
    • Fears rise among bond investors as Buffett warns on outlook
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Do young people really need the office?
    • Hakluyt seeks to ‘demystify’ in a crowded consultancy market
    • FT business books: March edition
    • Sir Anthony Habgood: Chair’s role ‘is to raise the game of the executive’
    • People: the strongest link in the strained supply chain
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Inside the ‘Covid Triangle’: a catastrophe years in the making | Free to read
    • The CEO whisperer: ‘Every leader needs a fool’
    • New York state of mind: optimism fuels the property market
    • How gay do you feel?
    • No-lo wine alternatives get the gourmet treatment
  • How to Spend It
  • Sign In
  • Subscribe
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
  • Sign In
  • Subscribe

Philip Stafford

Editor, FT Trading Room
Email Philip Stafford @staffordphilip (link opens in a new browser window)
Email Philip Stafford @staffordphilip (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Friday, 5 March, 2021
    London Stock Exchange Group
    LSE Group shares suffer biggest daily fall in more than 20 years

    Investors worry over higher-than-expected expenses to integrate Refinitiv purchase

  • Friday, 5 March, 2021
    Benchmark reform
    Libor to cease for most currencies by end of 2021

    UK regulators want to smooth shift to alternative benchmarks

  • Thursday, 4 March, 2021
    Clearing and settlement
    US Congress must ‘learn from ugly episode’ of GameStop trading

    Former BoE deputy governor Paul Tucker urges greater scrutiny of clearers and brokers

  • Wednesday, 3 March, 2021
    London fights for its future
    Investors push back against UK listings overhaul

    Fund managers say proposals risk ‘watering down’ requirements for issuers

  • Tuesday, 2 March, 2021
    UK financial regulation
    UK listing rules set for overhaul in dash to catch Spacs wave

    Wide-ranging Hill report to include calls for cut in free float to 15% and ‘complete rethink’ on prospectuses

  • Tuesday, 2 March, 2021
    BGC Partners Inc
    Wall Street broker BGC Partners takes legal action over alleged $35m theft

    Firm run by Howard Lutnick says it has started proceedings against two former associates

  • Tuesday, 2 March, 2021
    Special purpose acquisition companies
    Spac led by tech founders targets Europe’s unicorns for US listings

    Tailwind International looks to bypass EU and UK markets to build a European tech franchise

  • Monday, 1 March, 2021
    UK Budget
    Sunak to arm City for fightback with listings regime shake-up

    Hill review will seek to make UK more attractive in competition for IPOs and with tighter focus on Spacs

  • Wednesday, 24 February, 2021
    London fights for its future
    BoE governor warns EU over derivatives clearing power grab

    Andrew Bailey says tensions will escalate if banks are forced to cut ties with City

  • Promoted Content
  • Wednesday, 24 February, 2021
    Clearing and settlement
    US stock clearing house proposes quicker settlements after GameStop saga

    DTCC sets out plan to cut settlement times to one day after calls from brokerage Robinhood

  • Monday, 22 February, 2021
    Special purpose acquisition companies
    Ex-Cosmo editor teams up with ice hockey owner in Spac deal

    Joanna Coles and Jonathan Ledecky prepare $4.7bn NYSE launch of Apex Clearing via special-purpose vehicle

  • Monday, 22 February, 2021
    Trade Secrets
    The UK and EU will remain at odds over finance Premium

    A memorandum of understanding with Brussels will do little to staunch the drain of activity from the City

  • Thursday, 18 February, 2021
    Singapore Exchange Ltd
    Singapore makes pitch as Asia bond hub with Euroclear tie-up

    City-state seeks to diversify its markets as equities trading pressured by likes of Hong Kong

  • Thursday, 18 February, 2021
    Financial services
    LME brokers plan EU outposts to resolve Brexit effects

    Moves are intended to overcome regulatory barriers erected after transition period expired

  • Wednesday, 17 February, 2021
    US equities
    Robinhood heads to the Hill: What to watch at the Congressional hearing

    Washington lawmakers to grill key protagonists in January’s amateur trading frenzy

  • Monday, 15 February, 2021
    Fund management
    ‘Red flags’ over market abuse rise at asset managers during lockdowns

    Alerts pointing to possible manipulation have swelled as investors remain at home because of coronavirus

  • Friday, 12 February, 2021
    News in-depthLondon fights for its future
    London’s sway in Europe put to test as rival hubs make trading inroads

    Amsterdam, Paris and New York grab share but insiders say outcome is still uncertain

  • Thursday, 11 February, 2021
    Virtu Financial Inc
    Virtu boss defends payment for order flow after Reddit frenzy

    Market makers’ relationship with online brokers has come under scrutiny

  • Thursday, 11 February, 2021
    London fights for its future
    Fresh blow for London as euro derivatives trading floods out

    Share of euro-denominated swaps market tumbles from 40% in July to 10% last month

  • Wednesday, 10 February, 2021
    Brexit
    Amsterdam ousts London as Europe’s top share trading hub

    UK’s departure from the EU prompts shift in dealing of stocks and derivatives

  • Monday, 8 February, 2021
    Intercontinental Exchange
    ICE to shift EU carbon trading from London to Amsterdam

    €1bn-a-day market is latest to move away from UK in wake of Brexit

  • Friday, 5 February, 2021
    US equities
    Wall Street firms paid almost $3bn last year for retail brokers’ trades

    ‘Payment for order flow’ attracts attention of lawmakers and regulators in Washington

  • Tuesday, 2 February, 2021
    London fights for its future
    Trading of Swiss shares in London expected to resume within days

    UK exchanges hope new pact will help offset loss of EU business caused by Brexit

  • Tuesday, 2 February, 2021
    Tradeweb LLC
    Nasdaq agrees to sell US Treasuries trading business to Tradeweb for $190m

    US exchange bought eSpeed in 2013 for an initial $750m

  • Monday, 1 February, 2021
    News in-depthRobinhood
    Robinhood’s bid to ‘democratise finance’ collides with Wall St reality

    An urgent dash for cash and a rebuke from loyal users highlight strains for online broker

Previous You are on page 1 Next

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

FT LiveShare News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingContracts & Tenders
Executive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School Rankings
Enterprise ToolsNews feedNewslettersCurrency Converter
More from the FT Group
Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2021. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Graphics
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In