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    Philip Stafford

    Digital finance news editor
    Email Philip Stafford @staffordphilip  on Twitter (link opens in a new browser window)
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    • Thursday, 21 July, 2022
      EU financial regulation
      EU lawmaker calls for ban on ‘payment for order flow’

      Danuta Hübner backs clampdown on practice that critics say only maximises profits for brokers

    • Wednesday, 20 July, 2022
      FTX Trading Ltd
      How FTX plans to reshape the US futures market with crypto tech

      Exchange is seeking regulatory approval for products that render margin calls obsolete

    • Tuesday, 28 June, 2022
      Citigroup Inc
      Citi tech tweaks halt UK online ETF purchases

      Customers forced to place orders by phone as US bank suffers another systems issue

    • Friday, 10 June, 2022
      London Metal Exchange Ltd
      LME boss may need all his mettle to survive as investors launch law suits

      Chamberlain’s reputation rests on outcome of judicial review claims over momentous decision to cancel nickel trades

    • Thursday, 9 June, 2022
      Citigroup Inc
      Citi suffered tech glitch during height of Covid market stress

      US bank was given grace period for March 2020 margin payment at Intercontinental Exchange

    • Wednesday, 8 June, 2022
      London Metal Exchange Ltd
      Hedge funds file complaint to LME over cancelled nickel trades

      Managed Funds Association says exchange failed to perform its regulatory functions

    • Wednesday, 8 June, 2022
      Special ReportExchanges, Trading and Clearing
      SEC aims to stem trading practice of ‘payment for order flow’

      Regulators are asking whether retail investors are better off when brokers ‘sell on’ their trades to wholesalers, for a fee

    • Friday, 27 May, 2022
      Derivative exchanges
      Did a major financial institution kinda maybe slightly default in March 2020?

      Iceman says so

    • Thursday, 26 May, 2022
      Tradeweb LLC
      Tradeweb scores lowest possible governance rank from proxy adviser

      Trading platform criticised for second year in a row owing to complex share structure

    • Monday, 23 May, 2022
      Special ReportExchanges, Trading and Clearing
      EU aims to unify capital markets with live trading databases

      Brussels believes a so-called ‘consolidated tape’ will make the bloc’s exchanges more attractive to investors

    • Friday, 13 May, 2022
      Commodities
      The LME’s Operation Fightback

      Never let a crisis go to waste

    • Wednesday, 11 May, 2022
      Financial services
      Move along, says Coinbase’s Armstrong

      Nothing to see here.

    • Monday, 9 May, 2022
      Special ReportExchanges, Trading and Clearing
      Ukraine war cuts foreign investors off from their Russian assets

      The conflict has dealt a huge blow to the integration of Russian companies with western stock exchanges

    • Wednesday, 4 May, 2022
      Financial services
      ICE expands in mortgage tech with $13bn Black Knight deal

      Takeover of real estate software and data company is largest in history for bourse operator

    • Tuesday, 3 May, 2022
      Citigroup Inc
      Citi acknowledges trading error after flash fall in some European shares

      Swedish stocks especially hard hit during sudden plunge on Monday

    • Thursday, 28 April, 2022
      The Big Read
      Why the UK joined the race to woo the crypto industry

      Global investment in the sector topped $30bn in 2021 but the government’s plan to attract some of that money lacks detail, say critics

    • Wednesday, 27 April, 2022
      ETF HubLatest news on ETFs
      Grayscale targets European financial hub for crypto expansion

      Fund manager has $36bn in assets tracking tokens such as bitcoin and ethereum

    • Wednesday, 27 April, 2022
      London Metal Exchange Ltd
      LME chief to stay put after ditching move to crypto start-up

      U-turn comes as metals exchange seeks to repair reputation damaged by nickel market chaos

    • Saturday, 23 April, 2022
      US equities
      Retail investors drive sharp rise in share trading before Wall Street’s opening bell

      Transaction volumes outside main session increase as traders react to corporate news more rapidly

    • Friday, 8 April, 2022
      News in-depthLondon Metal Exchange Ltd
      LME chief calls for scrutiny of private deals in nickel probes

      Exchange and regulators seek answers after March’s nickel trading crisis

    • Tuesday, 5 April, 2022
      The Big Read
      Blockchain and financial markets: will computers push out brokers?

      Cryptocurrency exchange FTX wants US futures markets to use its technology, bringing 24/7 trading and automated risk management

    • Monday, 4 April, 2022
      London Metal Exchange Ltd
      UK regulators to launch review into LME’s nickel trading chaos

      Financial watchdogs will examine ‘disorderly’ conditions that disturbed metals market

    • Thursday, 31 March, 2022
      Bank of New York Mellon Corp
      BNY offers to swap overseas shares in Russian groups with local stocks

      Exchanging depositary receipts for domestic listings could pave way for official split of Russian bourse

    • Wednesday, 30 March, 2022
      War in Ukraine: free to read
      War in Ukraine: what explains the calm in global stock markets?

      Amid surprise that the financial system has not been dealt a more severe blow there are warnings of systemic risks still to be uncovered

    • Monday, 28 March, 2022
      US Treasury bonds
      SEC moves to unmask high-speed traders in Treasury bond market

      Principal trading firms would be forced to disclose positions and activity in $21tn industry

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