View from the Markets

The chief US equity strategist at Citi says the effects of the credit crunch are only just beginning to be felt in the real economy
First-quarter sales at the London Stock Exchange rose 8 per cent, buoyed by ‘active’ IPO markets and demand for real-time data
Pan-Asian platform to link 180 top firms
Exchange reports 18% rise in equity trades
Attraction for oil offsets fall in new listings
Move seen souring relations with NYSE Euronext

The chief US equity strategist at Citi says the effects of the credit crunch are only just beginning to be felt in the real economy

John Damgard of the Futures Industry Association says high energy prices don’t justify more regulation by the US
The gradual internationalisation of the FTSE 100 has long been a worry for fund managers trying to match UK pension liabilities with earnings from Kazakh miners

Deregulation and technology are transforming the equity trading industry
European and US regulators should co-operate to ensure futures competition. If tearing down ‘vertical silos’ is to happen, it needs to happen in tandem

Market users appear to be prepared to trade long-term principles and open-market benefits for short-term fee reductions, says Clara Furse