Fidelis Capital Markets

Business Wire | August 11, 2020

Industry Ventures, LLC (“Industry Ventures”), a leading investment firm focused on the venture capital market, announced today the final closing of Industry Ventures Direct II, L.P. (“the Fund”) with total commitments of $180 million. The Fund will continue the same strategy of making direct investments into early- and mid-stage technology companies alongside 80 seed and early-stage fund managers backed by the firm. Industry Ventures has previously invested into more than...

Citi | February 18, 2020

Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month. Set up by eight banks, including ING, BNP Paribas and HSBC in 2018, Contour has seen its ranks swell over the last two years, with Citi Ventures the latest to invest in the network. Formally known as Voltron, Contour uses R3’s Corda blockchain platform for a global network designed to digitise and modernise the $18 trillion trade fina...

Reuters | April 24, 2020

Oil prices rose on Friday, bringing an end to another week of losses that featured the U.S. contract plunging to minus $40 a barrel, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic. Oil trading was extremely volatile all week, in an extension of the selling that has dominated trading since early March as demand collapsed 30% due to the pandemic. While certain fundamental factors, such as a sharp fall in active drilling ri...

Nasdaq | February 05, 2020

Nasdaq Inc (NDAQ.O) asked regulators on Wednesday to allow issuers of thinly-traded stocks listed on its exchange to trade almost exclusively on Nasdaq, as part of a broader plan to boost trading in small- and mid-sized companies. There are 13 U.S. stock exchanges, with at least two more preparing to launch, and a company’s shares can be traded on any of them, regardless of whether they are listed on the Intercontinental Exchange Inc’s (ICE.N) New York Stock Exchange, or Nasdaq. The ...