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Latest Results from /markets

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RBI joins Project Nexus for instant cross-border payments

RBI (Reserve Bank of India) is the latest bank to join the global Project Nexus initiative, designed to enable instant cross-border instant payments.

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UK Elections 2024: Labour's landslide victory

Keir Starmer’s Labour Party wins by majority in the UK general election that took place yesterday.

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UK firms that list abroad should pay back state aid - UK Finance

Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.

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BlackRock to buy private markets data platform Preqin for £2.5 billion

BlackRock is to acquire private market data firm Preqin for £2.55 billion in an all-cash deal expected to close before year end.

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Point72 Ventures ditches fintech team – Forbes

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.

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Crossover Markets scores $12 million funding round

Digital asset trading technology firm Crossover Markets has raised $12 million in a Series A funding round led by Illuminate Financial and DRW Venture Capital.

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Augmentum Fintech invests in LoopFX

Augmentum Fintech has made a £2.6 million investment in London-based peer-to-peer FX trading platform LoopFX.

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Mosaic and Euroclear team to generate smarter fixed income data

Mosaic Smart Data has teamed up with Euroclear to launch Smart Markets, an AI-powered tool for parsing unstructured fixed income data to generate actionable trading insights.

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Trading app gamification can increase risk taking - FCA

Gamification features such as push notifications and prize draws used by trading apps can increase risk taking among users, according to research from the Financial Conduct Authority.

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Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

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Swiss National Bank to expand wCBDC trials

The Swiss National Bank is to expand its wholesale central bank digital currency pilot, Helvetia, for a further two years after promising results in early trials.

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Revolut adds bond trading

Revolut is adding the ability to buy and sell corporate and government bonds for its users across Europe.