Tag: Cobalt

Cobalt

In the FICC of It

There is plenty for Colin Lambert to ponder in this week’s podcast as he reviews the feedback to his recent comments suggesting the NDF market doesn’t need fragmentation, lets listeners in on the background to something that has been puzzling him, and then, with no little trepidation, he “tiptoes” into Cryptoland. Of course, there is […]

Cobalt Adds Two with New Investment Round

Post-trade infrastructure provider Cobalt has announced the addition of two new hires to its leadership team, as it continues its expansion into emerging markets and digital assets with a new institutional investment round. Duncan Lord has joined as the head of post-trade operations, while Michael Walsh joins as a consultant. Lord joins from Barclays where […]

Cobalt Expands into Digital Asset Space

FX post-trade infrastructure provider Cobalt is extending its service into the digital assets space to meet growing demand for the service and also as a result of digital assets becoming more entwined with the foreign exchange market. Cobalt says this trend has been accelerated by the decision of US banking regulator OCC (Office of the […]

Cobalt Secures Investment from Standard Chartered

FX post-trade infrastructure provider Cobalt, has announced the expansion of its bank investors with Standard Chartered as its latest backer. Having signed as a client on Cobalt’s platform in February, Standard Chartered now joins Citi as an investor in Cobalt’s expanding network. By creating a single version of a trade and checking credit in real-time […]

StanChart Signs with Cobalt

The foreign exchange post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign, adding that as an emerging market bank, this move will allow more market participants to experience the benefits and cost savings that Cobalt’s infrastructure provides. “As a global FX participant we realise the need for market standardisation,” […]

Sucden Goes Live with Cobalt for Post-Trade

The post-trade infrastructure provider Cobalt has today announced that Sucden Financial is joining Cobalt’s post-trade technology network for its FX business. Cobalt’s post-trade infrastructure creates a single trusted set of standardised trade data from which Sucden can utilise Cobalt’s range of middle and back office trade solutions, including its Core Credit module. Sucden is accessing […]

Citi to go Live with Cobalt

Cobalt says Citi intends to go live on its infrastructure for bilateral trading. Applicable across a variety of FX trading types – including banks, buyside, prime brokers and retail brokers – Cobalt’s infrastructure creates a standardised joint record of all FX trades. From this unique data set, the firm offers a multitude of back and middle […]

Deutsche, Saxo and XTX Live on Cobalt

Cobalt, the foreign exchange infrastructure based on shared ledger technology, is now live with Deutsche Bank, XTX Markets and Saxo Bank. Darren Coote, CEO of Cobalt, says, “Having the backing of these three different FX players, one an established bank that has been innovating for over 20 years, a new breed of electronic market-maker and […]

FXPB: It’s Been a Bumpy Road

Galen Stops charts the ups and downs of FX prime brokerage over the past 20 years and looks at how this segment of the market might be ripe for innovation going forward. Ask anyone who has been around in the FX market for the past 20 years to list the key developments that have shaped […]

Spotex Hires Gillespie for Eurozone FX Sales

Spotex, a developer of FX technology systems and ECN, has hired Kevin Gillespie as director of institutional sales. In his new role, Gillespie, who is based in London, is set to cover institutional and broker clients as well as banks, primarily in Europe. Reporting to John Miesner, executive managing director and global head of sales […]

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