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    Philip Stafford

    Digital finance news editor

    Philip Stafford is the FT's digital finance news editor. He was previously the FT's correspondent for exchanges, trading and markets regulation. He has also covered stock markets, telecom and technology companies and breaking news. Before he joined the FT he worked at Bloomberg and FTMarketwatch. Prior to a career in journalism, he was a teacher in Japan.
    Email Philip Stafford @staffordphilip  on Twitter (link opens in a new browser window)

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    • Monday, 23 October, 2023
      FT GuidesDigital financial services: an explainer
      How can blockchain be used to trade bonds?

      Banks are making use of the technology underlying crypto — but how does it work with highly regulated assets?

    • Thursday, 7 September, 2023
      Derivatives
      Banks and investors step up opposition to EU derivatives plans

      Trade bodies call on bloc to scrap initiative to move clearing deals out of London

      A view of skyscrapers in the City of London
    • Monday, 4 September, 2023
      Blockchain
      LSE Group draws up plans for blockchain-based digital assets business

      Exchange operator in talks with UK government and regulators over new trading venue

      The London Stock Exchange logo
    • Monday, 28 August, 2023
      Markets
      US and European stocks rise as traders await economic data

      China equities advance after Beijing announces plans to boost its capital markets

      Frankfurt skyline
    • Thursday, 24 August, 2023
      FTX Trading Ltd
      FTX turns to Mike Novogratz’s Galaxy Digital to sell crypto tokens

      Collapsed cryptocurrency exchange plans to appoint investment group to help recover money for creditors

      Mike Novogratz
    • Wednesday, 28 June, 2023
      ExplainerWar in Ukraine
      Why the EU is split over raiding Russian assets

      Some European capitals think diverting interest from Russia’s frozen assets will dent confidence in the euro

      A montage of a destroyed building in Ukraine and euro and rouble banknotes
    • Wednesday, 21 June, 2023
      London Metal Exchange Ltd
      The day nickel trades gave LME a rude awakening

      Judicial review hears of exchange’s actions in March 2022 when it feared market had turned disorderly

      The floor of the London Metal Exchange
    • Friday, 16 June, 2023
      War in Ukraine
      ECB warns Brussels against windfall levy on frozen Russian assets

      Frankfurt fears tapping interest from trapped Russian assets could dent confidence in euro as global currency

      Brussels has considered a range of options, including actively managing the Russian assets to generate returns for Ukraine
    • Wednesday, 7 June, 2023
      Behind the Money podcast17 min listen
      Libor's long goodbye

      Its days are numbered, but there’s one part of financial markets still stuck on the scandal-ridden benchmark

    • Sunday, 14 May, 2023
      Clearing & Settlement
      EU under pressure to extend access to London clearing houses

      Bosses warn post-Brexit restrictions from mid-2025 could undermine financial stability

      City skyline behind the Tower of London
    • Monday, 8 May, 2023
      Markets
      Wall Street subdued as US regional bank rally loses steam

      Investors digest Federal Reserve survey that shows plan by sector to raise its lending standards

      A montage of the Federal Reserve building and US dollar notes
    • Friday, 14 April, 2023
      Cryptofinance
      Clearing, crypto and wooing big investors Premium content

      Plus, Ethereum’s software upgrade

      A bitcoin representation
    • Friday, 10 March, 2023
      FirstGroup PLC
      FirstGroup raises full-year profit expectations as travel recovers

      UK transport company says bus passenger numbers rose to 83% of 2020 levels

      A hydrogen-powered double-decker FirstGroup bus
    • Thursday, 23 February, 2023
      Binance
      Regulators oppose Binance US’s $1bn deal for Voyager assets

      SEC warns that part of the rescue package may be in breach of securities law

      Changpeng Zhao, billionaire and chief executive officer of Binance Holdings
    • Friday, 27 January, 2023
      Intercontinental Exchange
      ICE to set up London gas contract as ‘insurance’ against EU price cap

      Operator of Europe’s main gas trading hub warns that price curb could disrupt market

      A man inspects facilities at a gas storage site
    • Wednesday, 25 January, 2023
      Music
      Music financing boom reverberates to markets

      Start-up is seeking to launch futures to let streaming companies and rights owners manage risks

      The band Depeche Mode
    • Thursday, 29 December, 2022
      Equities
      US stocks rise as investors weigh China Covid surge

      Tesla, Apple and Netflix jump as investors seek out bargains

      Masked passengers use their phones at the check-in counter at Beijing international airport
    • Thursday, 15 December, 2022
      Intercontinental Exchange
      ICE warns it may pull gas market from EU over Brussels price cap

      Exchange operator cautions the rapid imposition of a cap would allow no time to test risk management systems

      A screen displays the ticker symbol and logo for Intercontinental Exchange
    • Thursday, 8 December, 2022
      Financial & markets regulation
      Global regulator calls for ‘urgent action’ on clearing houses and insurers

      Financial Stability Board says plans should be drawn up to deal with failures of non-bank financial groups

      The open outcry trading pit at the London Metal Exchange
    • Thursday, 1 December, 2022
      London Metal Exchange Ltd
      Surge in nickel prices threatened to blow $2.6bn hole in key LME entity

      Fullest accounting to date of incident in March shows clearing house was under severe strain

      A PT Vale nickel smelter near Sorowako in Indonesia
    • Wednesday, 30 November, 2022
      Europe Express
      Banks set to resist EU grab for a chunk of clearing business Premium content

      Brussels prepares most ambitious plans post-Brexit to lure derivatives trade away from London

      Office towers in the City of London
    • Wednesday, 23 November, 2022
      EU financial regulation
      Brussels demands share of London derivatives clearing

      EU-based traders could be required to clear minimum amount of ‘systemic’ derivatives contracts inside bloc

      City of London skyline
    • Wednesday, 23 November, 2022
      EU energy
      EU gas price cap would deliver $33bn blow to market, says ICE

      Energy traders would be hit with additional margin payments, warns exchanges operator

      The Eemshaven LNG floating storage regasification unit in the Netherlands
    • Monday, 21 November, 2022
      EU energy
      Europe’s gas traders and exchanges warn of futures cap risks

      EU plans to set limit for the most widely used contract in an effort to calm markets

    • Wednesday, 16 November, 2022
      Cryptocurrencies
      Crypto broker Genesis Trading halts withdrawals at lending unit

      Group blames ‘unprecedented market turmoil’ in wake of FTX collapse

      A physical imitation of bitcoins
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