Tokyo stock exchange operator Japan Exchange Group, Inc. (JPX) has invested £791,000 in UK-based fintech startup OpenGamma Limited, Tech City News reported on 1 February.
JPX has taken a minority stake, and OpenGamma will use the investment to expand its services in the Japanese market. OpenGamma’s Chief Executive Officer Peter Rippon said the investment would help with the firm’s credibility.
OpenGamma is one of the best-known capital markets fintech startups in the UK, and has produced a tool that helps derivatives traders calculate risk.