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Latest Results from /markets

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The impact of Covid-19 on the economy, banks and fintechs

Covid-19 has landed, unforeseen and unwanted. Communities across the world are now taking extraordinary measures to contain its threat.

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Revolut lets users buy gold

Fintech unicorn Revolut is offering its Premium and Metal customers the chance to buy and sell gold from within its app.

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Nasdaq acquires institutional investment fintech firm Solovis

Nasdaq has acquired portfolio management firm Solovis, bolstering its 2017 acquisition of buy side analytics house eVestment.

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ING invests in securities lending platform HQLAx

ING has invested in securities lending platform HQLAx, which went live in December 2019.

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FCA to examine competition issues in market data and analytics

The Financial Conduct Authority (FCA) has begun a review into the use and value of data and advanced analytics in wholesale financial markets.

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Crypto exchange tech firm AlphaPoint raises $5.6m

Crypto-focused exchange software provider AlphaPoint has raised $5.6 million in new funding from unnamed sources.

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FIA cans Boca Raton conference over Coronavirus fears

The Futures Industry Association has cancelled its flagship conference in Boca Raton, Florida, with just six days notice as the financial industry takes flight from the Coronavirus outbreak.

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Piercing the LIBOR veil: Concern brews over looming deadline

While financial institutions across the market remain outwardly confident about their LIBOR transition strategy, uncertainty continues to surround the feasibility of achieving the migration within proposed deadlines.

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FCA reports a drop in suspicious transactions

The number of suspicious transaction and order reports (STORs) recorded by the UK's Financial Conduct Authority (FCA) has reduced for the first time since records began in 2016

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SIX takes stake in crypto trading platform Omniex

Swiss exchange operator SIX is buying a stake in Omniex as part of a wider partnership with the digital asset trading platform. Financial terms of the deal were not disclosed.

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Bank of Lithuania tests API-based RegTech prototype

Lithuania's central bank has tested a RegTech prototype which uses Open Banking APIs to automate reporting obligations for financial services firms.

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Credit Suisse unit buys NorthPoint technology

Credit Suisse Asset Management's fintech growth equity unit has acquired the investment management software and services business NorthPoint Technology. Financial terms were not disclosed.