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Latest Results from /markets

/markets

Finextra's year in review

With 2021 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

/markets

Scalable Capital moves into crypto trading

Digital wealth management platform and online broker Scalable Capital has rolled out investor access to cryptocurrencies via regulated stock exchanges in Germany.

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AML penalties hit $2.2 billion in 2020 as regulators crack down on financial crimes

Fines for anti-money laundering (AML) failings by regulated institutions were five times higher in 2020 than 2019, totalling $2.2 billion.

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Hummingbird RegTech raises $30 million

Hummingbird Regtech has raised $30M in a Series B funding round led by Battery Ventures with participation from Flourish, Homebrew, FinVC, and William Hockey, co-founder of Plaid.

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London Stock Exchange to acquire Quantile

The London Stock Exchange has agreed terms to acquire portfolio optimisation platform Quantile, extending its post-trade offerings to the over-the-counter derivatives market.

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Abrdn buys interactive investor for £1.5bn

FTSE-100 asset manager abrdn has agreed to buy UK stockpicking platform interactive investor for £1.49 billion.

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US securities markets plot move to T+1

US securities markets are targeting a move to next-day settlement in the first half of 2024.

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Sustainable Finance Live: The state of the supply chain

Sustainable Finance Live is back for another virtual event. Finextra and Responsible Risk have come together for a thought-provoking series of experiential events, welcoming banking and technology ecosystems to collaborate on enabling a wave of change.

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Nasdaq to migrate North American markets to Amazon Cloud

Nasdaq is to migrate its North American markets to Amazon Cloud, beginning next year with options mart MRX.

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Goldman Sachs builds Financial Cloud for Data with AWS

Goldman Sachs is opening up access to its financial data resources and analytics to third party institutions via Amazon Web Services Data Exchange initiative.

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FCA to double fees charged to regulated firms

The Financial Conduct Authority is proposing to double the fees charged to member institutions under its ambit.

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Ex-Citi trading exec launches $1.5bn crypto fund

A former Citi trading executive has launched a $1.5 billion fund focused on investing in crypto infrastructure, blockchain protocols, and virtual worlds.