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Latest Results from /markets

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TP Icap buys Neptune to create dealer-to-client credit business

Financial markets infrastructure provider TP Icap has acquired data company Neptune Networks and joined forces with nine investment banks to create a dealer-to-client credit business. Financial terms were not disclosed.

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Monzo surpasses £1bn revenue milestone

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

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Trump Media raises $2.5bn to buy bitcoin

Donald Trump's media company says it is raising $2.5 billion from institutional investors to build a bitcoin reserve.

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The FCA bundles stablecoins into new crypto regime

The FCA has published proposals for ensuring financial resilience in the face of upcoming regulations governing cryptoasset firms, with an added focus on stablecoins.

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Industry groups call on SEC to ditch cyber disclosure rule

A coalition of US financial trade associations are calling on the Securities and Exchange Commission to rescind its cyber incident disclosure rule, claiming that it endangers victims.

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Bloomberg Terminals back up after outage

Bloomberg terminals were hit by a global outage on Wednesday, disrupting trading round the world.

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Finastra to sell Treasury and Capital Markets business to Apax Partners

Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.

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GIST Impact partners with Global Canopy to help financial institutions assess deforestation risk

The collective goal of this partnership is to make deforestation analysis the norm at every financial institution.

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JPMorgan Chase releases open source quantum software library

JPMorgan Chase and technology company Infleqtion have released a new open source quantum software library designed to improve the efficiency of potential applications and use cases.

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Robinhood to buy Canadian crypto player WonderFi

American trading app Robinhood is buying WonderFi, the Canadian crypto operator of Bitbuy and Coinsquare, for around C$250 million in cash.

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Coinbase first crypto firm to join S&P 500

Shares in Coinbase jumped in pre-market trading on Tuesday on news that it will become the first cryptocurrency outfit to be included in the benchmark S&P 500 index.

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Augmentum Fintech leads £4.5 million round in RetailBook

RetailBook, a platform that enables retail investors to participate in primary capital market transactions on the same terms as institutional investors, has secured a £4.5 million funding round led by Augmentum Fintech,