Google, Norway's wealth fund back UK real-time bond tape bid

By Yahoo! Finance | Sep 25, 2024 at 04:49 AM EST

Google Cloud, Norway's sovereign wealth fund, and UBS are backing a bid to operate Britain's real-time bond market transaction record. The move aims to enhance market transparency and attract investors to UK capital markets. Various firms are collaborating to launch the fairCT tape operator by late 2026.

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