FE fundinfo vs Nasdaq

FE fundinfo publishes new insights on fee management and CashCalc updates

New articles added: 'What manual fee and rebate management really costs a boutique investment manager' and 'FE CashCalc gross cashflow updates to reflect UK's frozen tax thresholds'.

FE fundinfo brings the full advice journey into one connected experience with Nexus for Financial Advisers

Nexus connects the advice journey in a single workflow and is opening to the CRM systems advice firms already run, starting with intelliflo

FE fundinfo tackles fragmented fund registration with a connected capability for investment managers

New Nexus for Investment Managers functionality brings global fund registration information into one live view, providing greater visibility across the registration lifecycle through a single platform

Wiener Börse CEO: EU Super Exchange Exists, Lacks Market Depth

In a podcast interview, Christoph Boschan, CEO of Wiener Börse, discusses the debate over a new European stock exchange. He argues that the infrastructure for a 'super exchange' already exists, but the real problem is market depth. He notes that European tech companies like Bending Spoons prefer listing on the Nasdaq due to better access to capital, while US firms are financed through equity, Europe through debt. He suggests that pension policy, not market infrastructure, is the key lever to increase liquidity and attract listings. He also points to record levels of the ATX and the need for faster, tax-friendlier conditions in Europe.

• Christoph Boschan, CEO der Wiener Börse, sagt, die EU-Superbörse existiere bereits, aber es fehle an Markttiefe.
• European tech companies like Bending Spoons prefer listing on the Nasdaq.
• The US finances companies through equity, Europe through debt.

Revolut Confirms Dual IPO on Nasdaq and LSE

Revolut's co-founder and CEO Nik Storonsky confirmed plans for a dual IPO on both the Nasdaq and the London Stock Exchange. The company is currently valued at $115 billion privately, with internal targets of $150B to $200B at listing. The announcement comes after years of Storonsky criticizing London's market as 'irrational,' and the article analyzes why London is considered the 'best available deal' rather than a true vote of confidence. The piece also discusses Wise's LSE-to-Nasdaq migration as a precedent, and separately covers Meta's launch of its 'Muse' connector, positioning Meta as a potential 'App Store for Agentic Commerce' following its acquisition of Stilla. The newsletter includes bonus content on Revolut's recent data breach and reasons for bullishness on the fintech.

• Revolut confirmed plans for a dual IPO on Nasdaq and the London Stock Exchange.
• Revolut's private valuation is $115 billion, with internal listing targets of $150-200 billion.
• CEO Nik Storonsky previously criticized London's stock market as 'irrational'.

Nasdaq invests $100M in Kraken parent, targeting tokenized stocks by 2027

Nasdaq's venture capital arm has invested $100 million in Payward, the parent company of crypto exchange Kraken, to advance the development and launch of tokenized equities. The partnership aims to launch Nasdaq Equity Tokens (NETs) in the second quarter of 2027, with Nasdaq providing market surveillance technology across Payward's trading venues. The investment values Payward at $21 billion. This move reflects a broader trend on Wall Street toward tokenized securities, though debates persist about the nature of tokenized assets and shareholder rights, as highlighted by a recent dispute between Robinhood and AMC.

• Nasdaq's venture arm invested $100 million in Kraken parent Payward.
• Partnership aims to launch tokenized equities (Nasdaq Equity Tokens) in Q2 2027.
• Payward valuation set at $21 billion following the investment.