Transatlantic swaps deal averts crunch, US and EU se...

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/H60H77/4V31R0/72NMOT7/8ANBW9/   FT Trading Room Friday July 12 2013 Financial Times - FT Trading Room   Transatlantic swaps deal averts crunch Truce in the turf war over policing derivatives removes uncertainty for dealers such as Barclays and Deutsche Bank over who regulates them http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/IEVMZM/KI/h?a1=2013&a2=7&a3=12   US and EU seal landmark derivatives deal Agreement paves the way for the CFTC's cross-border guidance to be adopted, ending a fractious chapter in rule writing for the $633tn swaps market http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/OF5DXE/KI/h?a1=2013&a2=7&a3=12   CME resubmits wash trade rule changes Wash trades involve a single firm engaging in a transaction with itself by buying and selling the same contract. The practice is prohibited in the US http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/6AUBT1/KI/h?a1=2013&a2=7&a3=12   BP registers as US swaps dealer The oil major is the first energy company to acknowledge its size and role as a derivatives trader are large enough to trigger strict regulatory oversight http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/CWGCO2/KI/h?a1=2013&a2=7&a3=12   Markets   Pace of rally cools as China growth concerns linger Stocks mixed despite a record finish for the S&P 500, as worries about the pace of China's economic growth weigh on trader sentiment http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/LSZW55/KI/h?a1=2013&a2=7&a3=12   Fed's easy money damps M&A animal spirits Global merger activities are at their lowest levels since 2004, and quantitative easing is part of the explanation why there have not been more deals http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/OF5DXK/KI/h?a1=2013&a2=7&a3=12   Financials underpin advances for London stocks FTSE 100 maintains rise but at slower pace, with resource stocks looking tired after their lead position in main London index's march to five-week high http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/OF5DXY/KI/h?a1=2013&a2=7&a3=12   Feedback loops heighten risk of contagion Regulators and investors alike need a better understanding of interconnections and how they might change, harnessing the powers of Big Data to do so http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/Z8S3FS/KI/h?a1=2013&a2=7&a3=12   Markets calmed by 'dovish' Bernanke Federal Reserve chairman's insistence on a long period of monetary accommodation helped US stocks to levels above their previous record close http://link.ft.com/r/H60H77/20QMU4/6VRT5E/GYX1WM/XBQFJS/KI/h?a1=2013&a2=7&a3=12   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..