High-frequency trader fined in transatlantic clampdo...
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FT Trading Room
Tuesday July 23 2013
Financial Times - FT Trading Room
High-frequency trader fined in transatlantic clampdown
US and UK authorities have used beefed-up powers to punish a small high-frequency trading firm for attempting to rig commodity markets
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/XB9YEX/1G/h?a1=2013&a2=7&a3=23
Use of global depositary receipts doubles
Amount raised globally through DR more than doubles in first half of 2013, as overseas companies move to tap markets without need for full flotation
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/1OF9JX/1G/h?a1=2013&a2=7&a3=23
Markets
European stocks follow Asia higher
Stock markets are on the rise after Japan upgrades its economic assessment and investors bet on further China market reform
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/52UF3E/1G/h?a1=2013&a2=7&a3=23
Easing taper fears drive Wall St rally
Soothing words from the Fed on stimulus withdrawal and hope that the US economy is on a sounder footing fuel the latest stock rally
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/3C3JFI/1G/h?a1=2013&a2=7&a3=23
Weaker dollar holds near month low
The dollar remains near a month low as investors gamble against the Federal Reserve starting its tapering of asset purchases in the third quarter
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/A5B1TP/1G/h?a1=2013&a2=7&a3=23
India clamps down on gold imports
The Reserve Bank of India enforces new limits on gold imports to control the country's current account deficit and ease pressure on the rupee
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/EKOB8N/1G/h?a1=2013&a2=7&a3=23
Thai billionaire plans infrastructure IPO
The listing, potentially later this year, would follow the country's biggest ever initial public offering in April, the $2.1bn share sale by BTS Group
http://link.ft.com/r/DHGUVV/CWLM00/IY8ZJL/ULPND7/XB9YEW/1G/h?a1=2013&a2=7&a3=23
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