Icap becomes a strategic investor in Abide Financial
The partnership will shape the regulatory landscape for Mifid II/Mifir and Remit
Interdealer broker Icap has made a "strategic investment" in Abide Financial, a post-trade services provider, through Euclid Opportunities, its early stage funding programme created to support innovative financial technology firms in the areas of post-trade risk management, data and financial market applications.
Established in 2011, Abide Financial acts as a reporting hub for the European Market Infrastructure Regulation (Emir), the Approved Reporting Mechanism for the Markets in Financial
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