Make the most of 2020. Read the FT in print for just $99.
Add this topic to your myFT Digest for news straight to your inbox
Automation of trading has brought a new challenge of integrating disparate systems
The surge in exchange traded funds and portfolio trading is shaking up US fixed income, putting pressure on banks
Authorities have grown concerned over rising offshore volumes in the currency
Regulator ends longstanding investigation into US market maker and other local groups
Michael Spencer to invest £25m in markets technology fund Element Ventures
Skytra to offer futures and options contracts based on indices that track price changes
Banning computers from ‘lock-ups’ forces rethink on how markets respond
Number of primary dealers is around the lowest in data going back to 2006
Potential sale comes as exchanges scramble for market share
Change could have implications for firms reliant on fast access to market-moving data
Banks have until September to stop issuing cash products linked to sterling benchmark
Navinder Singh Sarao’s ‘extraordinary co-operation’ cited ahead of sentencing
Paper released by UK regulators homes in on tactic known as latency arbitrage
All-share deal would transform London bourse and more than triple its revenues
Many have limited awareness that a big change is coming
Exchanges examine options after lobby groups argued for truncated trading day
Volume of currency swaps trading by non-reporting banks increased by 139% over 3 years
Cottage industry in focus after allegations of inappropriate use of backups
Financial Stability Board urges ‘significant and sustained’ work to adapt to new benchmarks
Brussels has drafted plans to offer continued market access in no-deal scenario
Deal will enable Chicago-based group to diversify into index derivatives trading
Esma advocates Europe introduce US-style tape of trading information
Even larger companies are affected as investment banks retrench
Clearing house has begun search for successor to Finbarr Hutcheson
Asset managers join with UK lobby groups in backlash against long-hours culture
‘No wiggle room’ in new regime, raising fears of ramp-up in costs for corporate bonds
Latest cash infusion will be used to invest in technology and make new hires
SIX and Euronext court Madrid stock exchange as industry consolidation intensifies
Deal will see infrastructure provider push into the foreign exchange market
Move reflects a consumer shift away from the processed version
Rethink on aspects of landmark legislation after concerns from banks, investors and regulators
US group fails to break duopoly in energy markets
Costs set to surge with financing as takeover navigates shareholder and antitrust hurdles
MEMX, created to drive down market data fees, clears SEC regulatory hurdle
Hub goes live in push towards greater automation of fixed income markets
Esma sees ‘significant room for improvement’ as French and Dutch regulators win top ratings
Aborted deal reveals contrasting visions for Hong Kong and Shanghai
