INSTITUTIONAL INVESTING & TRADING

INSTITUTIONAL INVESTING & TRADING

AX Trading Network picks up $20m to help traders find liquidity

Electronic trading platform AX Trading Network has raised $20m in a round of venture funding. The investors and terms of the deal are undisclosed. Read more: www.fintechroundup.com

Funderbeam pockets $2.6m for blockchain stock exchange

Funderbeam has raised $2.6m in a new round of ventures funding from Draper Associates, Thomson Reuters and IQ Capital. Read more: www.fintechroundup.com

Cloud9 lands $30m from banks for trader communications

Trader communication provider Cloud9 has raised $30m in a Series A round led by JP Morgan Chase. Read more: www.fintechroundup.com

WealthForge looks for $2.5m through convertible notes

Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering. Read more: www.fintechroundup.com

Startupbootcamp FinTech arrives in Mumbai

The Startupbootcamp accelerator network is widening its fintech programme, opening an outpost in Mumbai as it seeks out Indian startups. Read more: www.finextra.com

SimCorp hooks up to FX Connect

SimCorp, provider of investment management solutions and services for the global financial services industry, today announced that it has partnered with FX Connect. Read more: www.finextra.com

Huddlestock swipes $1.5m for crowd-based trading

Crowd-trading platform Huddlestock has raised $1.5m in a seed round of funding. The capital comes from a number of Norwegian family offices and private investors. Read more: www.fintechroundup.com

Saxo Bank moves into online bond trading

Saxo Bank, the online trading and investment specialist, announces today that it is transforming fixed income trading. Read more: www.finextra.com

Startup that trades stocks for free comes to London

Trading app Robinhood is advertising for a chief compliance officer to spearhead European expansion from its new London office. Read more: uk.businessinsider.com

Ipreo expands market intelligence service to private companies

Business intelligence firm Ipreo is expanding its service into private companies as more highly-valued firms choose to hold off IPOs.

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