Thank you Philip Stafford, Deputy Editor of Financial Times Trading Room, for an enlightening presentation during today’s Keynote session.
Topics covered were the current situation in financial markets, impact of new regulation based on the G20 mandate, as well as high frequency trading and the enormous increase of data volumes.
“Much of the questions regarding the new derivatives regulations in the US and Europe will probably be decided within the next few months” says Stafford, “The cost of actually connecting to all this is getting ridiculous and I think there will have to be an awful lot more outsourcing to 3rd party providers of IT and risk management systems”
Stafford was invited within Cinnober’s series of Keynote Speakers in which actors within in the financial world share industry insights with Cinnober’s staff and invited guests. Previous participants have been Diana Chan of EuroCCP and Kee-Meng Tan of Knight Capital. The idea is to disseminate industry knowledge and news together with personal reflections, in an informal way.
“I am very happy that Philip Stafford accepted our invitation and took the time to visit Cinnober and share some of his knowledge as a leading journalist in our industry. He covers areas that are essential to Cinnober and FT Trading Room is a great news source for us, so having Philip here was a great inspiration to all of us” says Per-Anders Häll Bedman, Deputy CEO of Cinnober.
Philip Stafford is deputy editor of FT Trading Room, the Financial Times’s microsite devoted to market structures, exchanges, clearing and high frequency trading.
He has held this role for 18 months as part of a 10-year career at the FT, where he been UK stock markets editor, small cap columnist and UK technology correspondent, when he won an award for his coverage of alleged frauds at software companies. He has also worked for the FT in Tokyo. He started at Bloomberg as a commodities reporter in 1999 and was a key part of the team that developed online financial website FTMarketwatch during the technology boom in 2000. Prior to starting a career in journalism, was a teacher in Japan.