The platform is built for distributed electronic markets and automated trading like the FX space. It enables credit to be pushed to clients and trading venues to reduce risk without disrupting traditional execution.
It is currently in beta testing and will be released later this year along with Cobalt’s FX post-trade solution.
Cobalt co-founder and chief executive officer Andy Coyne says the problem with the FX space is that credit is not “allocated or managed at trading venues in real-time
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails