Tag: Cobalt DL

March 01, 2017 BY Valentina Kirilova

Sucden Financial hires ABN Amro Exec Noel Singh to head non-bank FX prime brokerage

International derivatives broker Sucden Financial has appointed Noel Singh as Head of eFX Business Development, where he will lead the firm’s development of its non-bank FX prime brokerage business. Singh will specifically target institutional firms, including asset managers, hedge funds and prop trading houses. His appointment comes as part of a significant investment plan to…

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December 15, 2016 BY admin

Citigroup funds London forex trading blockchain startup Colbalt

It was announced today that Citigroup Inc (NYSE:C) has invested in London-based FX blockchain startup Colbalt. The company also announced it added Charlotte Crosswell, former Nasdaq NLX CEO as a strategic advisor as the service gets closer to launch. Terms of the investment were not announced. Cobalt DL, a FX post-trade processing network based on distributed ledger technology…

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August 17, 2016 BY Mike Fox

New Forex blockchain-based trade platform to launch in 2017?

Financial technology firm Cobalt DL has commenced beta testing with a number of leading FX participants on its private peer-to-peer network that uses distributed ledger technology to significantly cut post-trade cost and risk. After a year of design and testing and following a successful completion of a proof-of-concept with one of the largest FX market…

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