The Financial Times will extend its Market Live coverage to the United States as part of the global expansion of its FT Alphaville financial blog, and FT Alphaville editor Paul Murphy relocated to FT's New York bureau to oversee the site.

FT senior stock market correspondent Neil Hume will manage the core FT Alphaville team in London. The site also has correspondents in Tokyo.

The site will also introduce U.S. and Asia versions of its 6AM Cut emails, a free news-briefing service for finance professionals delivered at the start of the working day.

Murphy said:

As FT Alphaville has continued to grow, we have been working to expand our coverage both geographically and by asset class. Developing our U.S. coverage further is a natural next step, especially when blogging and new media in general is so much more advanced in the United States than other parts of the globe. While we feel we have lots to offer our U.S. readers, we are also aware that we have a lot to learn from the vibrant American financial media scene.

And FT.com managing director Rob Grimshaw added:

We're always looking to expand our coverage to offer high-quality journalism around the world. The United States is FT.com's biggest market, with more subscribers and registered users than in any other region, and we see a great deal of potential in building on that substantial base of loyal U.S. readers. As one of the FT's most progressive digital teams, we are confident that FT Alphaville's move will increase our overall appeal in the United States.