House passes bill to ease banking regulations

A Florida-based company that converts existing industrial facilities into data centers is joining the wave of digital infrastructure companies looking to tap the public equities market. TECfusions Inc. has agreed to merge with Apex Treasury Corp., a special purpose acquisition company registered in the Cayman Islands, according to a regulatory filing. The deal, which is set to close by the end of…

New Academy Software Foundation (ASWF) members join ahead of Open Source Days, July 19-20, strengthening collaboration and advancing open source technologies for the motion picture and media industries Summary ASWF new members are CIQ as a Premier Member, Evercast as a General Member and Rochester Institute of Technology as an Associate Member Open Source Days…

Several large global central counterparties (CCPs) reported record or near-record measures of liquidity risk in the first quarter, Risk Quantum analysis shows. LCH set highs at both its London- and Paris-based CCPs. At LCH Ltd, the hypothetical largest payment obligation climbed 29.7% quarter on quarter to €38.1 billion ($43.7 billion). At LCH SA, the same…

Forward Financing, a provider of capital to small businesses across the United States, secured $525 million of new financing that brings the company’s total committed funding capacity to nearly $700 million. The new financing includes a $350 million variable funding note (VFN) facility and a $175 million asset-backed securitization (ABS), the company said in a…

London Stock Exchange has unveiled plans for London Stock Exchange 24 (LSE 24), a new 24/5 trading venue built to support the next generation of digital, algorithmic and agentic trading. LSE 24 will offer near continuous trading from Monday to Friday, giving investors around the world more flexibility to react to market moves, tap into…