24 Exchange has officially gone live with FX swaps trading, leveraging CobaltFX’s innovative Dynamic Credit process. This integration marks a significant step forward in optimising credit intermediation, reducing operational risk, and enhancing liquidity efficiency for market participants. The Dynamic Credit process allows counterparties to pre-set credit relationships and dynamically allocate available credit based on real-time trading conditions. Integrating Dynamic Credit into 24 Exchange benefits both maker and taker of liquidity. Traditionally, credit limitations and operational inefficiencies have hindered the FX swaps market. With CobaltFX’s technology, credit exposure is managed dynamically, meaning traders can seamlessly access deeper liquidity pools and execute larger trades with reduced counterparty risk. Jason Woerz, President of 24 Exchange, commented, “We are thrilled to be live with FX swaps trading and to offer our clients a more efficient, cost-effective trading environment. The collaboration with CobaltFX allows us to redefine how credit is managed in the FX market, giving participants unprecedented access to liquidity.”
