Fintech

GTN, Revolut Partner To Launch Bond Trading For Customers In Europe


GTN — a provider of investment and trading solutions for brokers, banks and asset managers — is partnering with financial Revolut to launch bond trading for European users.

What Happened: Revolut is leveraging GTN’s instant click-to-trade functionality, which is delivered via FIX and REST APIs. This empowers its users to navigate the complex world of fixed-income assets. 

“This is yet another step in Revolut’s mission to build an all-in-one investment platform that is multi-asset class, has coverage across [European Economic Area] markets, and caters to both advanced and beginner users,” said Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut.

“Bonds provide an excellent opportunity for investors to diversify their portfolios with fixed income,” Juteika added.

See Also: The ‘AI Big 10’: 10 AI Stocks Now Comprise 28% Of The S&P, Up From 14% In 2023

Why It Matters: Although higher interest rates make bonds attractive, buying can be challenging. Revolut and GTN aim to break barriers and make things easier, democratizing bond investing with as little as €100 (US$107). 

“We are delighted to partner with Revolut to enable their clients to access the bond markets, a truly compelling offering for small investors. Our API allows Revolut to make investing in bonds as easy as investing in stocks,” said Ankit Shah, Global Head of Fintech at GTN. “The fractionalization of bonds eliminates the traditional barriers of high minimum investments and other related complexities, transforming how people build wealth.”

Now Read: Portnoy Wins Big With Boston Celtics NBA Championship, Rapper Drake Loses $500K And Could Lose $500K More On NHL Bet

Image: Pixabay

Market News and Data brought to you by Benzinga APIs



Source

Related Articles

Back to top button