Cobalt signs up Standard Chartered

FX post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign.

First Published by e-Forex News: March, 2020

Darren Coote
Darren Coote

FX post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign. As an emerging market bank, this move will allow more market participants to experience the benefits and cost savings that Cobalt’s infrastructure provides. Darren Coote, CEO of Cobalt, commented: “This latest addition to Cobalt’s network being one of the world’s major emerging market banks, with Standard Chartered, the network is continuing to diversify with the full scope of FX market participants. As the network grows, real-time cost savings will be realised by all our clients, and due to the central management of post-trade our clients can start to layer additional optimisation solutions that will have a positive impact on balance sheet usage.”