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Latest Results from /markets

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UK tech ecosystem worth $1 trillion, with fintech dominating

The UK's technology ecosystem is now worth $1 trillion, with fintech dominating the list of most valuable firms.

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ASX set to further delay roll out to Chess replacement system

The Australian Securities Exchange (ASX) is set to enforce a further delay to the cutover of its blockchain-based post-trade network, which was initially set for go-live in April 2021.

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Deutsche Börse to acquire fund data manager Kneip

Deutsche Börse is to acquire 100 per cent of Luxembourg-based fund data manager Kenip, expanding its offering in the asset management service space.

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Climate X raises $5.4m

London-based climate risk analytics provider Climate X has raised $5.4 million in a seed funding round co-led by CommerzVentures and A/O PropTech.

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Financial regulators probe DeFi markets

International securities regulator Iosco is setting up a task force to examine the risks and opportunities arising from decentralised finance (DeFI), which it says is quickly evolving to mirror conventional financial markets.

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Regis-TR fined €186,000 by Esma for catalogue of reporting failures

The European Securities and Markets Authority (Esma) has fined trade repository Regis-TR €186,000 for eight breaches of the European Market Infrastructure Regulation.

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Former chancellor Osborne joins $110 million funding round in Capitolis

Capital markets software house Capitolis has raised a $110 million Series D at a $1.6 billion valuation.

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JPMorgan, BNP Paribas invest in Saphyre

JPMorgan, BNP Paribas and HCAP Partners have invested $18.7 million in multi-counterparty data firm Saphyre.

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Goldman Sachs executes first OTC crypto trade

Goldman Sachs has teamed up with Galaxy Digital Holdings to execute its first over-the-counter crypto options transaction.

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Euroclear invests in Fnality

Euroclear has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces.

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Robinhood pays $640k to settle with Vermont over outages

Robinhood has agreed a $640,000 settlement with Vermont's financial regulator over a series of outages at the trading app in 2020.

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Wall Street players launch syndicated loan platform

Some of the biggest banks on Wall Street are backing a new syndicated loan platform, called Versana, that is aiming to bring transparency, efficiency and velocity to the $5 trillion market.