EU agrees overhaul to settlement rules, High-frequen...

To view this email as a webpage, click here     Thursday December 19 2013     FT Trading Room   EU agrees overhaul to settlement rules   Europe agrees regulations tightening the oversight of the region's 30 central securities depositories, which will also face higher capital surcharges       High-frequency trader Virtu plots 2014 IPO   IPO would provide a rare glimpse into the secretive world of high-frequency trading, where Virtu has carved out an envied position     Derivative rules will not reduce risk   Market participants fear overlapping regulation for the banking and derivatives markets is helping to transfer risk into the "shadow banking" market     JPMorgan shoots the instant messenger   Investment banking co-heads also prohibit 'persistent social chats' as banks clamp down on a tool tarnished by its use in market collusion     Accounting errors hit INTL FCStone   Shares in futures broker widely used by commodities traders fall after disclosure of accounting errors that may have overstated its past profits         Video   Competition causing trading glitches   The reliability of financial trading systems was once considered akin to the systems used by airlines or nuclear power plants. Now glitches and downtime are commonplace. Veronica Augustsson, chief executive of Swedish trading technology company Cinnober, says this is the inevitable consequence of competition on cost without quality stipulations.           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.