Cobalt
BNPP, NatWest turn to CobaltFX for credit limit management
The service will help the two banks rein in risks of credit overallocation on interbank platforms
e-FX Awards 2020: The winners
Citi takes three categories in 18th annual awards; XTX picked as best LP for spot, while Goldman wins algo crown
Three go live on Cobalt’s shared FX ledger
Technology provider aims to reduce trade reconciliations for Deutsche, Saxo and XTX
FXPBs over-allocating credit to algo and high-speed trading
Thinly capitalised trading firms are an accident waiting to happen while dealings on multiple venues make credit limits hard to set, claim market participants
Cobalt hires fintech expert Wolff as strategic adviser
Hiring of Deutsche Bank veteran comes as Cobalt continues push for growth
Cobalt hires five execs for next stage of FX services push
FX professionals brought on board as Cobalt continues drive to oust legacy post-trade systems
Cobalt: bringing greater efficiency to the back office
Market participants will look to bring back-office operations in line with modern electronic trading practices
Rayner heads Cobalt’s sales team
Anoushka Rayner joins technology firm ahead of its launch later this year
Hampton joins Cobalt as head of sales
Anoushka Hampton will move to London for new role, after spending two years with Traiana in New York
Darren Coote to steer Cobalt
He takes the helm at the post-trade firm ahead of some key product launches
Cobalt goes live on BT Radianz
With this latest development, the firm is bringing the FX post-trade world to a new level
Awards: Cobalt
Cobalt has been voted Best Post-trade Services Provider at the 2018 FX Week e-FX Awards
Cobalt unveils credit-management platform
Credit providers can see exposures in real time
SGX invests in Cobalt
Asian exchange’s investment reinforces those made by Citi and others over the past two years
Darren Coote joins Cobalt
FX veteran becomes an adviser and investor at the pre- and post-trade processing company
Cobalt chooses Solace for post-trade information processing
The move aims to guarantee incoming messages can be processed consistently, especially during bursts of heightened market activity
Former Deutsche COO Ritchotte invests in Cobalt
Deutsche Bank’s former chief operating officer bets on tech firm’s future success
e-FX Awards: Cobalt – e-FX Initiative of the Year
The distributed ledger technology firm aims to cut post-trade costs by up to 80%
Cobalt signs Citadel Securities and XTX, and gears up for go-live
Distributed ledger technology firm hires support staff, suggesting launch is approaching
Cobalt hires three and opens New York office
Darbari joins as COO and head of US operations, Light leads product, and Nelson heads solution delivery and support
Cobalt partners LMRKTS and launches BlueSky platform
LMRKTS to make compression algos available using Cobalt’s DL technology-based post-trade FX network