Clearing the way
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
The transatlantic stock and derivatives exchange group gains from record volumes at its Liffe futures unit and offsets its declining market share in US cash equities
More than 100m contracts in first quarter
LCH.Clearnet and DTCC in discussions
Race to reposition UK business as sector evolves
Centralised system faces questions
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
Northern Rock is unlikely to have loomed large in the Fed’s discussions, but is nationalisation must have given the Fed some comfort about the need for radical steps to rescue Bear Stearns

The giant game of Twister goes on to forge the first global exchange platform, linking the ever elusive “pools of liquidity” in America, Europe and the Middle East

Necessity is the mother of capitulation – Nasdaq needs more fire-power to fend off Dubai Borse’s rival bid for Nordic exchange operator OMX