Editor, Financial Times
ft.com — Citigroup is banning traders in its foreign exchange division from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues. The US bank will move its traders, many of whom are
ft.com — European policy makers and regulators are increasingly confident that regulations opening Europe's €800tn securities settlement market to competition will be finalised and passed into law by the end of the year, according to a senior official.
ft.com — ICAP, the interdealer broker, cut the jobs of 344 of its dealers who trade by phone as it deepened cost savings following what it called an "extraordinarily tough year" of trading. The London-based broker, the world's largest by revenues, said it
ft.com — INTL FCStone, one of the largest independent futures brokers in the US, is to push into Asia with a deal to take a controlling interest in Cleartrade Exchange, the start-up Singapore commodities bourse. Nasdaq-listed INTL will pay an undisclosed sum
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