Pension fund sues banks over CDS ‘dominance’, Cornwa...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/ZE9K33/XBYTM7/NS2NI4F/0GINVW/   FT Trading Room Tuesday May 07 2013 Financial Times - FT Trading Room   Pension fund sues banks over CDS 'dominance' The class action antitrust suit filed by the fund for Ohio-based sheet metal workers comes on the back of a string of troubles for the $27tn market http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/NRARBP/UP/h?a1=2013&a2=5&a3=7   Cornwall beach buoys London's status Transatlantic submarine cables that carry trading data from New York give a vital five millisecond advantage over Europe and are to be valued http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/7Z3ZI5/UP/h?a1=2013&a2=5&a3=7   Markets   Stocks at fresh highs as Australia cuts rates FTSE All-World index at best level since June 2008 as any concerns about global growth are counteracted by ongoing central bank largesse http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/PN7N8R/UP/h?a1=2013&a2=5&a3=7   Portugal issues first bonds since bailout Offer of 10-year debt is expected to raise at least €3bn and is seen as a milestone in the efforts to exit bailout programme in June 2014 as planned http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/LSVSTS/UP/h?a1=2013&a2=5&a3=7   Brazil pension funds eye overseas assets Largest funds set to invest billions in developed economies, which would represent a reversal of the usual pattern of flows into emerging markets http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/IEOEU9/UP/h?a1=2013&a2=5&a3=7   Resource stock gains boost FTSE Hopes of more central bank stimulus lift Glencore Xstrata and BHP Billiton, while banks rise after HSBC reports profits ahead of estimates http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/87P7EM/UP/h?a1=2013&a2=5&a3=7   Australian dollar slumps after rate cut Currency falls 0.7% against US dollar after move to cut benchmark cash rate to a record low in an effort to stimulate industries other than mining http://link.ft.com/r/ZE9K33/HI11VS/40S17Y/ZG1W4T/87P7EZ/UP/h?a1=2013&a2=5&a3=7   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..